Is Marshfield Township, MO 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, Marshfield Township has remained a Seller's Market.
Housing Prices in Marshfield Township, MO
How much do homes in Marshfield Township, MO cost?
Median Sold Price
$249,900
$280/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Marshfield Township was $249,900 in March 2024, up 15.2% from last year, and the median price per square foot was $280.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $75K | $151.4K | +101.9% |
2 Bedrooms | $125K | $159.9K | +27.9% |
3 Bedrooms | $217.5K | $221K | +1.6% |
4 Bedrooms | $275K | $343.7K | +25.0% |
5+ Bedrooms | $337.5K | $505.2K | +49.7% |
Summary: Marshfield Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 101.9%, 2 bedroom homes increased by 27.9%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 49.7%.
Median Sold Price Compared To Nearby Cities
Marshfield | $216K | $249.9K | +15.7% |
Marshfield Township | $217K | $249.9K | +15.2% |
Grant Township | $339.9K | $389.9K | +14.7% |
Housing Supply in Marshfield Township, MO
How many homes are available in Marshfield Township, MO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
40 | 56 | +40.0% |
Summary: The Marshfield Township real estate market had 56 homes for sale in March 2024, a 40.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 3 | 7 | +133.3% |
3 Bedrooms | 18 | 29 | +61.1% |
4 Bedrooms | 11 | 12 | +9.1% |
5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Marshfield Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 133.3%, 3 bedroom homes increased by 61.1%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
9 | 10 | +11.1% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Marshfield Township in March 2024, up by 11.1% month-over-month. Of the 9 sold homes, 67% were sold under asking, 11% were sold at asking, and 22% were sold over asking.
Days on Market for Marshfield Township, MO
How long does it take to sell a home in Marshfield Township, MO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
50 Days | 24 Days | -50.8% |
Summary: Homes in Marshfield Township had an average of 24 days on market in Mar 2024, down by 50.8% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 10 homes were sold in Marshfield Township; 70% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.