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Markesan

Learn about the people, housing, costs and businesses in Markesan, Wisconsin

Median Home$239,400
Median Rent$713/month
Population1,379
Leading IndustriesEducation · Finance & Insurance · Information & Media4% education
Home Value Growth⬆⬆+14.4% over 2 years
Young Adults29% of residentsslightly above average
Homeowners82% of occupied units
Markesan
WI

Frequently Asked Questions

What are today's mortgage rates in Markesan?

As of today, the 30-year fixed mortgage rate for Markesan is approximately 6.862% (6.897% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Markesan?

The median home value in Markesan is $239k. The median monthly rent is $713. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Markesan?

Home values in Markesan have increased 14.4% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Markesan?

Based on a typical all-in ownership cost of $964/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $41k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Markesan is $72k/year.

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What industries drive the economy in Markesan?

The largest employment sectors in Markesan are public administration (21%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.