Is Marshall Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Marshall Township is a seller's market

Buyer's
Market

Difference Since December 2021

Since last year, Marshall Township has remained a Seller's Market.

Key Takeaway

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

How much do homes in Marshall Township, MI cost?

Median Sold Price

$255,000

$143/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

+$30,000(+13.3%)

Key Takeaway

Homes in Marshall Township have sold for 13.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 --
N/A
2 $195K$182.4K
-6.4%
3 $194.9K$220.5K
+13.1%
4 $340K$385K
+13.2%
5+ $400.5K$305K
-23.8%

Median Sold Price Compared To Nearby Cities

Marshall Township
+13.3%
Marshall
+4.9%

How many homes are available in Marshall Township, MI?

Number of Homes For Sale

Nov 2022Dec 2022%
1814-22.2%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 00
0.0%
2 00
0.0%
3 106
-40.0%
4 55
0.0%
5+ 33
0.0%

Number of Homes Sold

Nov 2022Dec 2022%
53-40.0%

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 Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

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

About Marshall Township, MI

Homes for sale in Marshall Township, MI have reached 14. The number of homes for sale in Marshall Township, MI decreased by 22.2% between November 2022 and December 2022. This housing market listing prices have changed between November 2022 and December 2022: 1 bedroom properties prices increased by 0%, 2 bedrooms properties prices decreased by 6.4%, the cost of 3 bedrooms properties went up by 13.1%, 4 bedrooms properties prices increased by 13.2%, 5 bedrooms properties became 23.8% more cheaper. Volume of homes for sale changed: 1 bedroom homes did not move, number of 2 bedrooms homes remained the same, 3 bedrooms homes became 40% less available, the quantity of 4 bedrooms homes have not changed, volume of 5 bedrooms homes stayed the same. Marshall Township, MI housing market in December 2022 saw over 0 listings sold above listed price, more than 1 sold at listed price and over 2 sold below.

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