Is Marshall, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Marshall is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Marshall was a Buyer's Market.

Key Takeaway

Marshall is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Marshall, CO

How much do homes in Marshall, CO cost?

Median Sold Price

$916,000

$445/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$74,500(+8.9%)

Key Takeaway

Homes in Marshall have sold for 8.9% more than they did a month ago.

Summary: The median home sold price in Marshall was $916,000 in April 2024, up 8.9% from last month, and the median price per square foot was $445.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 -$803K
N/A
4 $841.5K-
N/A
5+ -$1.6M
N/A

Summary: Marshall housing prices by bedroom type for April 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Cherryvale
+238.1%
Marshall
+8.9%

Housing Supply in Marshall, CO

How many homes are available in Marshall, CO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1214+16.7%

Summary: The Marshall real estate market had 14 homes for sale in April 2024, a 16.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 66
0.0%
4 46
+50.0%
5+ 11
0.0%

Summary: The Marshall housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Marshall, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Marshall in April 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Marshall, CO

How long does it take to sell a home in Marshall, CO?

Average Sale Time

Mar 2024Apr 2024CHANGE
68 Days171 Days+152.5%

Summary: Homes in Marshall had an average of 171 days on market in Apr 2024, up by 152.5% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Marshall are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 3 homes were sold in Marshall; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 7 Days Ago

Newest Listings in Marshall, CO

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