Is Marshville, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Marshville is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Marshville, NC

How much do homes in Marshville, NC cost?

Median Sold Price

$347,500

$196/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$91,550(+35.8%)

Key Takeaway

Homes in Marshville have sold for 35.8% more than they did a year ago.

Summary: The median home sold price in Marshville was $347,500 in March 2024, up 35.8% from last year, and the median price per square foot was $196.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$155K
N/A
2 $180K$229K
+27.2%
3 $257K$350K
+36.2%
4 $358.5K$457.5K
+27.6%
5+ $345K$325K
-5.8%

Summary: Marshville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 27.2%, 3 bedroom homes increased by 36.2%, 4 bedroom homes increased by 27.6%, and 5+ bedroom homes decreased by 5.8%.

Median Sold Price Compared To Nearby Cities

Marshville
+35.8%
Marshville Township
+14.4%

Housing Supply in Marshville, NC

How many homes are available in Marshville, NC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
30300.0%

Summary: The Marshville real estate market had 30 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 64
-33.3%
3 1617
+6.3%
4 79
+28.6%
5+ 10
-100.0%

Summary: The Marshville housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
67+16.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Marshville, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Marshville in March 2024, up by 16.7% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.

Days on Market for Marshville, NC

How long does it take to sell a home in Marshville, NC?

Average Sale Time

Mar 2023Mar 2024CHANGE
24 Days64 Days+169.6%

Summary: Homes in Marshville had an average of 64 days on market in Mar 2024, up by 169.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Marshville has remained consistent over time.

Summary: During March 2024, 7 homes were sold in Marshville; 14% of homes were sold within 30 days, 71% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.

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

Report Updated 23 Days Ago

Newest Listings in Marshville, NC

Nearby Markets to Marshville, NC

What housing markets are near Marshville, NC?