Commercial Real Estate Market in Marathon, WI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
7 active listings and 194 off-market properties in Marathon, WI. Commercial property asks $317/SF to buy and $9.00/SF/Yr to lease.
Market Trends
Marathon, WI spans 91.1 square miles in Marathon County, Wisconsin. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Marathon, WI runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Marathon, WI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Marathon, WI runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Marathon, WI runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Marathon, WI has 4,280 residents in 1,776 households. Density runs 47 people per square mile. Median household income here is $94,500 and median gross rent $757 a month.
4,280
Population
1,776
Households
2.4
Avg Household Size
44
Median Age
27%
College-Educated
95%
High-School Grad
91.1 sq mi
ZIP Area
47
Density / Sq Mi
$94,500
Median Household Income
$51,213
Median Earnings
$757
Median Rent
$239,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Marathon City | — | — |
| Wausau | — | $52.78 |
Commercial property in Marathon, WI asks $317/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Marathon?
Commercial property in Marathon, WI asks an average of $317 per square foot.
How much does it cost to lease commercial space in Marathon?
Asking lease rates in Marathon, WI average $9.00 per square foot per year.
Where does Realmo's Marathon market data come from?
Realmo compiles Marathon, WI figures from 7 recent recorded sales, 6 active sale listings, 1 active lease listings, 194 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 6 active for-sale and 1 active for-lease listings in Marathon, WI. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · How Realmo checks market page data · Report a data issue
