Is Marshall, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Marshall was a Neutral Market.
Housing Prices in Marshall, NC
How much do homes in Marshall, NC cost?
Median Sold Price
$477,250
$308/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Marshall was $477,250 in March 2024, up 16.4% from last month, and the median price per square foot was $308.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $250K | - | N/A |
2 Bedrooms | $410K | $455K | +11.0% |
3 Bedrooms | $152.5K | $499.5K | +227.5% |
4 Bedrooms | $1.3M | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Marshall 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 11%, 3 bedroom homes increased by 227.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Marshall, NC
How many homes are available in Marshall, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
36 | 43 | +19.4% |
Summary: The Marshall real estate market had 43 homes for sale in March 2024, a 19.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 3 | -25.0% |
2 Bedrooms | 10 | 11 | +10.0% |
3 Bedrooms | 14 | 23 | +64.3% |
4 Bedrooms | 3 | 1 | -66.7% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Marshall housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 64.3%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 8 | +33.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Marshall in March 2024, up by 33.3% month-over-month. Of the 8 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Marshall, NC
How long does it take to sell a home in Marshall, NC?
Average Sale Time
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
109 Days | 93 Days | -14.6% |
Summary: Homes in Marshall had an average of 93 days on market in Mar 2024, down by 14.6% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During March 2024, 8 homes were sold in Marshall; 13% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 75% of homes were sold over 90 days.