Is Marshfield, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Marshfield was a Seller's Market.
Housing Prices in Marshfield, MO
How much do homes in Marshfield, MO cost?
Median Sold Price
$245,000
$280/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Marshfield was $245,000 in April 2024, up 12.3% from last year, and the median price per square foot was $280.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $65K | $175K | +169.2% |
2 Bedrooms | $122.7K | $150K | +22.2% |
3 Bedrooms | $215K | $220K | +2.3% |
4 Bedrooms | $277.5K | $349.9K | +26.1% |
5+ Bedrooms | $337.5K | $505.2K | +49.7% |
Summary: Marshfield housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 169.2%, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 26.1%, and 5+ bedroom homes increased by 49.7%.
Median Sold Price Compared To Nearby Cities
Marshfield | $218.2K | $245K | +12.3% |
Marshfield Township | $219.7K | $245K | +11.5% |
Grant Township | $356.7K | $392.4K | +10.0% |
Housing Supply in Marshfield, MO
How many homes are available in Marshfield, MO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
52 | 72 | +38.5% |
Summary: The Marshfield real estate market had 72 homes for sale in April 2024, a 38.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 7 | 9 | +28.6% |
3 Bedrooms | 28 | 39 | +39.3% |
4 Bedrooms | 10 | 17 | +70.0% |
5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Marshfield housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 28.6%, 3 bedroom homes increased by 39.3%, 4 bedroom homes increased by 70%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 12 | +20.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Marshfield in April 2024, up by 20.0% month-over-month. Of the 12 sold homes, 58% were sold under asking, 25% were sold at asking, and 17% were sold over asking.
Days on Market for Marshfield, MO
How long does it take to sell a home in Marshfield, MO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
29 Days | 20 Days | -31.0% |
Summary: Homes in Marshfield had an average of 20 days on market in Apr 2024, down by 31% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in Marshfield; 75% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.