Is Marshall County, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Marshall County has remained a Neutral Market.
Key Takeaway
Marshall County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Marshall County, IA
How much do homes in Marshall County, IA cost?
Median Sold Price
$194,000
$128/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Marshall County have sold for 55.2% more than they did a month ago.
Summary: The median home sold price in Marshall County was $194,000 in May 2024, up 55.2% from last month, and the median price per square foot was $128.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $125K | - | N/A |
| 3 Bedrooms | $65.4K | $222K | +239.2% |
| 4 Bedrooms | $197.5K | - | N/A |
| 5+ Bedrooms | - | $175K | N/A |
Summary: Marshall County housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 239.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
| Marshall County | $125K | $194K | +55.2% |
| Tama County | $190.2K | $173.6K | -8.8% |
Housing Supply in Marshall County, IA
How many homes are available in Marshall County, IA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 32 | 35 | +9.4% |
Summary: The Marshall County real estate market had 35 homes for sale in May 2024, a 9.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 5 | +66.7% |
| 3 Bedrooms | 17 | 16 | -5.9% |
| 4 Bedrooms | 7 | 10 | +42.9% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Marshall County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Marshall County, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Marshall County in May 2024, the same as the previous month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for Marshall County, IA
How long does it take to sell a home in Marshall County, IA?
Average Sale Time
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 66 Days | 5 Days | -91.3% |
Summary: Homes in Marshall County had an average of 5 days on market in May 2024, down by 91.3% compared to last month.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Marshall County are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 5 homes were sold in Marshall County; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
