Total monthly cost of ownership
Cost to Own a Home in Markesan, Wisconsin
A $148,000 home here costs
$1,384per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $761. The real number is $624 higher every month — 82% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Markesan against Green Lake County and Wisconsin
| Measure | Markesan | Green Lake County |
|---|---|---|
| Median home value | $147,800 | $206,300 |
| Median property tax | $2,597 | $2,709 |
| Effective tax rate | 1.757% | 1.313% |
| Median gross rent | $479 | $806 |
| Population | 1,276 | 19,165 |
The weather behind that power bill
Markesan sits in Green Lake County, which averages a high of 81.8°F in its hottest month and a low of 8.9°F in its coldest, with 35.61" of precipitation a year and 37% of it in a single three-month stretch. That climate drives 480 cooling and 7,683 heating degree days, which is what sets the $177 electricity line above.
See the full climate breakdown for Green Lake County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Green Lake County
Full Green Lake County cost breakdown · Every county in Wisconsin
Common questions
How much does it cost to own a home in Markesan?
A $148,000 home in Markesan, Wisconsin costs approximately $1,384 per month with 20% down at 6.66%. That is $761 principal and interest, $217 property tax, $38 homeowners insurance, $245 utilities and $123 set aside for maintenance.
What is the property tax rate in Markesan?
Markesan has an effective property tax rate of 1.757%, based on a median home value of $147,800 and median real estate taxes of $2,597. That is higher than the Green Lake County average of 1.313%.
What is the average home price in Markesan?
The median owner-occupied home value in Markesan, Wisconsin is $147,800, against $206,300 across Green Lake County.
Is it cheaper to rent or buy in Markesan?
Median gross rent in Markesan is $479 a month, against $1,384 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Markesan — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Wisconsin.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.