Is Marshall County, KY 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 Seller's Market.
Key Takeaway
Marshall County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Marshall County, KY
How much do homes in Marshall County, KY cost?
Median Sold Price
$199,250
$132/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Marshall County have sold for 38.2% less than they did a month ago.
Summary: The median home sold price in Marshall County was $199,250 in March 2024, down 38.2% from last month, and the median price per square foot was $132.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $131.5K | $139K | +5.7% |
| 3 Bedrooms | $205K | $195.5K | -4.6% |
| 4 Bedrooms | $475K | $244.7K | -48.5% |
| 5+ Bedrooms | $475K | $450K | -5.3% |
Summary: Marshall County housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.7%, 3 bedroom homes decreased by 4.6%, 4 bedroom homes decreased by 48.5%, and 5+ bedroom homes decreased by 5.3%.
Median Sold Price Compared To Nearby Counties
| Livingston County | $145K | $159.9K | +10.3% |
| Lyon County | $270K | $290K | +7.4% |
| Calloway County | $282.5K | $260K | -8.0% |
| Marshall County | $322.5K | $199.2K | -38.2% |
| Trigg County | $401K | $183.5K | -54.2% |
Housing Supply in Marshall County, KY
How many homes are available in Marshall County, KY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 107 | 115 | +7.5% |
Summary: The Marshall County real estate market had 115 homes for sale in March 2024, a 7.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 15 | 18 | +20.0% |
| 3 Bedrooms | 54 | 64 | +18.5% |
| 4 Bedrooms | 22 | 20 | -9.1% |
| 5+ Bedrooms | 13 | 9 | -30.8% |
Summary: The Marshall County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 18.5%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes decreased by 30.8%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 20 | 34 | +70.0% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Marshall County, you may be able to get a good deal. 68.8% of homes here sold below asking price last month.
Summary: A total of 34 homes were sold or pending in Marshall County in March 2024, up by 70.0% month-over-month. Of the 32 sold homes, 69% were sold under asking, 25% were sold at asking, and 6% were sold over asking.
Days on Market for Marshall County, KY
We’re sorry, we don't have information for this market at the moment
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listings displayed are the property of the Western Kentucky Regional MLS (WKMLS) and provided here for consumer's personal, non-commercial use, and may not be used for any purposes other than to identify prospective properties consumers may be interested in purchasing. Each potential buyer is responsible for conducting his or her own independent inspections,investigations, measurements, inquiries and due diligence concerning the property. Although all information contained herein is believed to be accurate, the Real Estate Broker and the Seller of the property make no warranty or guarantee, actual or implied. Copyright 2024 Western Kentucky Regional MLS, Inc.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved.