Is Marbury, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Marbury has remained a Seller's Market.
Key Takeaway
Marbury is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Marbury, AL
How much do homes in Marbury, AL cost?
Median Sold Price
$296,625
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Marbury have sold for 0.8% more than they did a year ago.
Summary: The median home sold price in Marbury was $296,625 in March 2024, up 0.8% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $190K | N/A |
| 2 Bedrooms | $167.5K | $260K | +55.2% |
| 3 Bedrooms | $250K | $237K | -5.2% |
| 4 Bedrooms | $315.9K | $319K | +1.0% |
| 5+ Bedrooms | $314.9K | $700K | +122.3% |
Summary: Marbury housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 55.2%, 3 bedroom homes decreased by 5.2%, 4 bedroom homes increased by 1%, and 5+ bedroom homes increased by 122.3%.
Median Sold Price Compared To Nearby Cities
| Marbury | $294.2K | $296.6K | +0.8% |
| Deatsville | $290K | $280K | -3.4% |
Housing Supply in Marbury, AL
How many homes are available in Marbury, AL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 14 | 16 | +14.3% |
Summary: The Marbury real estate market had 16 homes for sale in March 2024, a 14.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 2 | 4 | +100.0% |
| 4 Bedrooms | 11 | 10 | -9.1% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Marbury housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
Asking Price vs. Sold Price
3 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 Marbury, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Marbury in March 2024, up by 200.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for Marbury, AL
How long does it take to sell a home in Marbury, AL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 143 Days | 82 Days | -42.2% |
Summary: Homes in Marbury had an average of 82 days on market in Mar 2024, down by 42.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Marbury has remained consistent over time.
Summary: During March 2024, 6 homes were sold in Marbury; 17% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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