Home Value Trail

States › Wisconsin › Marathon County

County

Marathon County

Wisconsin · Wausau, WI metro area · 139,432 residents (2025 est.)

FHFA annual index 1977–2025Developmental county indexPermits through August 2026
FHFA house price index for Marathon County, 1977 to 2025, with the national index rebased to the same start and NBER recessions shadedRecession 1980Recession 1981–82Recession 1990–91Recession 2001Recession 2007–09Recession 202002004006008001,00019801990200020102020United States2025: 560
Marathon County (100 = first year)United States, rebased to the same startNBER recession

FHFA notes: The FHFA HPI is a broad measure of the movement of single-family house prices. The FHFA HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties. FHFA describes its county indexes as developmental and subject to revision. The index does not give a dollar value for any home.

FHFA's index for Marathon County, Wisconsin, starts in 1977 and stood at 560 in 2025, +459.8% above its base of 100.

Over the ten years to 2025 the index rose +89.6% (+6.6% a year), below Wisconsin at +95.5% and above the national +85.0%. The Wausau, WI area rose +89.6%. The latest one-year change is +7.7%.

The strongest decade was the 1990s (+58.7%); the weakest the 2010s (+17.5%).

After a 2008 peak the index fell −11.0% to 2014 and regained the peak in 2018.

Builders were authorised for 388 housing units in the county in the 12 months to August 2026 (0.0% on the previous 12 months), 2.8 units per 1,000 residents; 54% were single-family houses. Since 1995 the county has authorised 17,986 units, most in 2003.

+7.7%1 year, 2024–2025Wisconsin +5.4%
+56.5%5 yearsUS +47.0%
+89.6%10 years+6.6% a year annualised
+125.7%since 2000US +158.3%
388units permitted, 12 months2.8 per 1,000 residents

Same span, four levels

Change in the FHFA indexMarathon CountyWausau areaWisconsinUnited States
1 year (2024–2025)+7.7%+7.7%+5.4%+2.8%
5 years (2020–2025)+56.5%+56.5%+57.4%+47.0%
10 years (2015–2025)+89.6%+89.6%+95.5%+85.0%
20 years (2005–2025)+81.3%+81.3%+84.7%+79.1%
Since 2000+125.7%+125.7%+143.0%+158.3%
Since 1977+459.8%+459.8%+604.8%+745.0%
10-year annualised+6.6%+6.6%+6.9%+6.3%
20-year annualised+3.0%+3.0%+3.1%+3.0%

All columns are FHFA annual all-transactions indexes over the same years.

Decade by decade

DecadeChangeUnited States
1980s (1980–1990)+20.9%+68.2%
1990s (1990–2000)+58.7%+33.9%
2000s (2000–2010)+22.8%+29.7%
2010s (2010–2020)+17.5%+35.5%
2020s so far (2020–2025)+56.5%+47.0%

FHFA reports each index with a value of 100 in its base period, the first year the area has enough transactions (1977 here). A decade's change is the index at the end of the decade divided by the index at the start, so it does not depend on the base year; the United States column covers the same years. Decades before 1977 are not shown.

Peak-to-low declines

PeakLowDeclinePeak regained
19801982−11.1%1983
20082014−11.0%2018
19831984−6.9%1987

Building permits

Housing units authorised by building permits in Marathon County, by month over the latest five years and by year since 1995.

Housing units authorised in Marathon County by month, latest 12 months050100Sep 2025: 40 units (24 single-family, 16 in multi-unit buildings)Sep 2025Oct 2025: 43 units (30 single-family, 13 in multi-unit buildings)Oct 2025Nov 2025: 22 units (12 single-family, 10 in multi-unit buildings)Nov 2025Dec 2025: 18 units (8 single-family, 10 in multi-unit buildings)Dec 2025Jan 2026: 23 units (7 single-family, 16 in multi-unit buildings)Jan 2026Feb 2026: 18 units (8 single-family, 10 in multi-unit buildings)Feb 2026Mar 2026: 35 units (22 single-family, 13 in multi-unit buildings)Mar 2026Apr 2026: 18 units (12 single-family, 6 in multi-unit buildings)Apr 2026May 2026: 26 units (17 single-family, 9 in multi-unit buildings)May 2026Jun 2026: 28 units (23 single-family, 5 in multi-unit buildings)Jun 2026Jul 2026: 34 units (23 single-family, 11 in multi-unit buildings)Jul 2026Aug 2026: 83 units (24 single-family, 59 in multi-unit buildings)Aug 2026

Housing units authorised in Marathon County by month, latest 12 monthssingle-family2+ unit buildings

Housing units authorised in Marathon County by month, latest 60 months0100200Sep 2021: 0 units (0 single-family, 0 in multi-unit buildings)Sep 2021Oct 2021: 0 units (0 single-family, 0 in multi-unit buildings)Nov 2021: 0 units (0 single-family, 0 in multi-unit buildings)Dec 2021: 0 units (0 single-family, 0 in multi-unit buildings)Jan 2022: 16 units (12 single-family, 4 in multi-unit buildings)Feb 2022: 28 units (26 single-family, 2 in multi-unit buildings)Mar 2022: 23 units (23 single-family, 0 in multi-unit buildings)Apr 2022: 60 units (34 single-family, 26 in multi-unit buildings)May 2022: 24 units (24 single-family, 0 in multi-unit buildings)Jun 2022: 23 units (21 single-family, 2 in multi-unit buildings)Jul 2022: 110 units (26 single-family, 84 in multi-unit buildings)Aug 2022: 23 units (23 single-family, 0 in multi-unit buildings)Sep 2022: 17 units (15 single-family, 2 in multi-unit buildings)Sep 2022Oct 2022: 28 units (10 single-family, 18 in multi-unit buildings)Nov 2022: 7 units (7 single-family, 0 in multi-unit buildings)Dec 2022: 3 units (3 single-family, 0 in multi-unit buildings)Jan 2023: 4 units (4 single-family, 0 in multi-unit buildings)Feb 2023: 14 units (10 single-family, 4 in multi-unit buildings)Mar 2023: 13 units (9 single-family, 4 in multi-unit buildings)Apr 2023: 23 units (19 single-family, 4 in multi-unit buildings)May 2023: 29 units (29 single-family, 0 in multi-unit buildings)Jun 2023: 23 units (21 single-family, 2 in multi-unit buildings)Jul 2023: 23 units (21 single-family, 2 in multi-unit buildings)Aug 2023: 32 units (25 single-family, 7 in multi-unit buildings)Sep 2023: 24 units (22 single-family, 2 in multi-unit buildings)Sep 2023Oct 2023: 29 units (29 single-family, 0 in multi-unit buildings)Nov 2023: 175 units (22 single-family, 153 in multi-unit buildings)Dec 2023: 9 units (9 single-family, 0 in multi-unit buildings)Jan 2024: 16 units (8 single-family, 8 in multi-unit buildings)Feb 2024: 26 units (17 single-family, 9 in multi-unit buildings)Mar 2024: 18 units (18 single-family, 0 in multi-unit buildings)Apr 2024: 27 units (27 single-family, 0 in multi-unit buildings)May 2024: 17 units (17 single-family, 0 in multi-unit buildings)Jun 2024: 20 units (20 single-family, 0 in multi-unit buildings)Jul 2024: 20 units (17 single-family, 3 in multi-unit buildings)Aug 2024: 72 units (16 single-family, 56 in multi-unit buildings)Sep 2024: 20 units (20 single-family, 0 in multi-unit buildings)Sep 2024Oct 2024: 24 units (24 single-family, 0 in multi-unit buildings)Nov 2024: 26 units (18 single-family, 8 in multi-unit buildings)Dec 2024: 15 units (15 single-family, 0 in multi-unit buildings)Jan 2025: 16 units (16 single-family, 0 in multi-unit buildings)Feb 2025: 12 units (12 single-family, 0 in multi-unit buildings)Mar 2025: 25 units (25 single-family, 0 in multi-unit buildings)Apr 2025: 39 units (27 single-family, 12 in multi-unit buildings)May 2025: 47 units (26 single-family, 21 in multi-unit buildings)Jun 2025: 35 units (22 single-family, 13 in multi-unit buildings)Jul 2025: 92 units (26 single-family, 66 in multi-unit buildings)Aug 2025: 37 units (23 single-family, 14 in multi-unit buildings)Sep 2025: 40 units (24 single-family, 16 in multi-unit buildings)Sep 2025Oct 2025: 43 units (30 single-family, 13 in multi-unit buildings)Nov 2025: 22 units (12 single-family, 10 in multi-unit buildings)Dec 2025: 18 units (8 single-family, 10 in multi-unit buildings)Jan 2026: 23 units (7 single-family, 16 in multi-unit buildings)Feb 2026: 18 units (8 single-family, 10 in multi-unit buildings)Mar 2026: 35 units (22 single-family, 13 in multi-unit buildings)Apr 2026: 18 units (12 single-family, 6 in multi-unit buildings)May 2026: 26 units (17 single-family, 9 in multi-unit buildings)Jun 2026: 28 units (23 single-family, 5 in multi-unit buildings)Jul 2026: 34 units (23 single-family, 11 in multi-unit buildings)Aug 2026: 83 units (24 single-family, 59 in multi-unit buildings)

Housing units authorised in Marathon County by month, latest 60 monthssingle-family2+ unit buildings

Housing units authorised in Marathon County by year, 1995–202505001,0001,5001995: 576 units (576 single-family, 0 in multi-unit buildings)19951996: 630 units (630 single-family, 0 in multi-unit buildings)1997: 646 units (646 single-family, 0 in multi-unit buildings)1998: 752 units (752 single-family, 0 in multi-unit buildings)1999: 779 units (685 single-family, 94 in multi-unit buildings)2000: 803 units (652 single-family, 151 in multi-unit buildings)20002001: 1,073 units (829 single-family, 244 in multi-unit buildings)2002: 922 units (820 single-family, 102 in multi-unit buildings)2003: 1,395 units (1,023 single-family, 372 in multi-unit buildings)2004: 1,192 units (909 single-family, 283 in multi-unit buildings)2005: 1,178 units (870 single-family, 308 in multi-unit buildings)20052006: 676 units (514 single-family, 162 in multi-unit buildings)2007: 675 units (401 single-family, 274 in multi-unit buildings)2008: 568 units (272 single-family, 296 in multi-unit buildings)2009: 305 units (203 single-family, 102 in multi-unit buildings)2010: 262 units (250 single-family, 12 in multi-unit buildings)20102011: 276 units (200 single-family, 76 in multi-unit buildings)2012: 297 units (233 single-family, 64 in multi-unit buildings)2013: 288 units (228 single-family, 60 in multi-unit buildings)2014: 383 units (218 single-family, 165 in multi-unit buildings)2015: 241 units (229 single-family, 12 in multi-unit buildings)20152016: 245 units (243 single-family, 2 in multi-unit buildings)2017: 611 units (291 single-family, 320 in multi-unit buildings)2018: 308 units (274 single-family, 34 in multi-unit buildings)2019: 497 units (289 single-family, 208 in multi-unit buildings)2020: 398 units (314 single-family, 84 in multi-unit buildings)20202021: 494 units (257 single-family, 237 in multi-unit buildings)2022: 364 units (230 single-family, 134 in multi-unit buildings)2023: 396 units (226 single-family, 170 in multi-unit buildings)2024: 408 units (216 single-family, 192 in multi-unit buildings)2025: 348 units (236 single-family, 112 in multi-unit buildings)2025

Housing units authorised in Marathon County by year, 1995–2025single-family2+ unit buildings

Permits, 12 months to August 2026Marathon CountyWisconsinUnited States
Housing units authorised38825,7711,418,086
Units per 1,000 residents2.84.34.1
Single-family share54%52%63%
Change on previous 12 months0.0%+5.6%−0.1%
Units authorised since 199517,986762,60143,082,761

Population is the Census Bureau's vintage 2025 estimate. Permits authorise construction; they are not completions.

ZIP codes in Marathon County

Ranked by ten-year change in the FHFA ZIP index. Where a ZIP's index ends before 2025, its spans end in that year.

ZIP1 year10 yearsSince 2000Index throughYears
54405+13.8%+100.6%—202525
54474+3.4%+99.0%+118.5%202540
54440+4.8%+98.0%+129.8%202433
54448+19.2%+98.0%+157.1%202533
54401+9.0%+95.0%+119.2%202541
54403+7.3%+94.0%+122.1%202543
54421+3.9%+93.3%—202524
54476+10.1%+93.1%+126.8%202541
54455+6.6%+88.6%+140.2%202541
54411—+82.8%+117.7%202431
54426+3.1%+75.5%+134.7%202532
54427+20.6%+29.1%—202118
54484+5.4%+24.6%+61.2%202129
54471−0.7%+11.7%+39.5%202129
54408———202420

Cities and permit-issuing places in Marathon County

Housing units authorised in the 12 months to August 2026; places with at least 12 units in the year, or in the year before.

PlaceUnits, 12 monthsPer 1,000 residentsSingle-family
Wausau781.923%
Wausau town51—24%
Marathon County Part Unincorporated Area47—100%
Weston village473.083%
Athens village4235.32%
Spencer village3016.613%
Rib Mountain village13—85%
Kronenwetter village101.280%
Mosinee town6—100%

Questions and answers

How much have home values in Marathon County risen over 10 years?

The FHFA index for Marathon County rose +89.6% from 2015 to 2025, about +6.6% a year. Over 20 years: +81.3%; since 2000: +125.7%.

How does Marathon County compare with Wisconsin and the United States?

Over the ten years to 2025: Marathon County +89.6%, Wisconsin +95.5%, United States +85.0%, Wausau, WI +89.6%.

What happened to Marathon County prices in 2008?

The index peaked in 2008 and fell −11.0% to 2014; it passed the peak again in 2018. The state index fell −13.7% over 2007–2013.

How many homes are being built in Marathon County?

388 housing units were authorised by building permits in the 12 months to August 2026 (210 single-family, 158 in buildings of five or more units), or 2.8 per 1,000 residents against 4.3 for Wisconsin.

Where does this data come from?

The index is FHFA's annual county house price index (all-transactions, developmental), last updated March 31, 2026, with values through 2025. Permits are from the Census Bureau Building Permits Survey through August 2026; population is the Census Bureau's vintage 2025 estimate.

Provenance

Index: Federal Housing Finance Agency, annual house price index for counties (all-transactions, developmental), last updated March 31, 2026, values 1977–2025; metro, state and national comparisons from FHFA's annual indexes in the same release. Permits: Census Bureau Building Permits Survey, county and place files, through August 2026. Population: Census Bureau vintage 2025 estimates. ZIP assignment: 2020 ZCTA-to-county relationship file. Public domain throughout. Corrections · FHFA HPI datasets · Building Permits Survey.