Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 11,139 people, 5,137 houses or apartments, and a median cost of homes of $156,107, house prices in Marinette are some of the most affordable in Wisconsin as well as the nation.
Single-family detached homes are the single most common housing type in Marinette, accounting for 67.62% of the city's housing units. Other types of housing that are prevalent in Marinette include large apartment complexes or high rise apartments ( 12.66%), mobile homes or trailers ( 9.63%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 8.46%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Marinette. Owner-occupied housing accounts for 69.43% of Marinette's homes, and 54.62% have either three or four bedrooms, which is average sized relative to America.
The housing in Marinette was primarily built before 1939 ( 33.46%), making the housing stock in Marinette some of the oldest overall in America, although there is a range of ages of homes in Marinette. The next most important housing age is between 1970-1999 ( 33.19%), followed by between 1940-1969 ( 30.83%). There's also some housing in Marinette built between 2000 and later ( 2.52%).
Appreciation rates for homes in Marinette have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 94.04%, which ranks in the top 50% nationwide. This equates to an annual average Marinette house appreciation rate of 6.85%.
Over the last year, Marinette appreciation rates have trailed the rest of the nation. In the last twelve months, Marinette's appreciation rate has been 2.63%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Marinette were at 1.13%, which equates to an annual appreciation rate of 4.61%.
Relative to Wisconsin, our data show that Marinette's latest annual appreciation rate is lower than 80% of the other cities and towns in Wisconsin.
$156,107
for Wisconsin
for nation
5,137
$1,314 / per month