54448, Marathon, WI

Marathon, Wisconsin is located in Dane County and has a population of just over 30,000. The median household income in the zip code is just over $75,000 and the median home value is just under $200,000. Marathon has seen a steady increase in home values over the past few years and currently ranks as one of the most expensive zip codes in Wisconsin.

The primary driver of home values in Marathon is likely access to a desirable location and excellent schools. Many of the homes that are currently for sale in Marathon were built within the last 5-10 years and are situated near some of the best schools in town. Additionally, many homes that are for sale have been upgraded with new finishes or additions such as decks or garages which also contribute to their high asking prices.

Despite these strong fundamentals, there are some potential risks that could impact home values in Marathon down the road. For example, if interest rates rise significantly from their current levels or if there is an economic downturn that affects both local businesses and households alike, then demand for housing may decrease which could lead to lower home values. Additionally, any major changes made to zoning laws or regulations could also impact property values – something that would likely require extensive community engagement before taking effect.