Is South Marshall, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, South Marshall was a Seller's Market.
Key Takeaway
South Marshall is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in South Marshall, OK
How much do homes in South Marshall, OK cost?
Median Sold Price
$287,000
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in South Marshall have sold for 4.2% less than they did a year ago.
Summary: The median home sold price in South Marshall was $287,000 in March 2024, down 4.2% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $200K | $720K | +260.0% |
| 2 Bedrooms | $163K | $265K | +62.6% |
| 3 Bedrooms | $299.5K | $282.5K | -5.7% |
| 4 Bedrooms | $657K | $352.5K | -46.3% |
| 5+ Bedrooms | $407K | $900K | +121.1% |
Summary: South Marshall housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 260%, 2 bedroom homes increased by 62.6%, 3 bedroom homes decreased by 5.7%, 4 bedroom homes decreased by 46.3%, and 5+ bedroom homes increased by 121.1%.
Median Sold Price Compared To Nearby Cities
| Kingston | $182.4K | $289K | +58.4% |
| North Marshall | $170K | $200K | +17.6% |
| South Marshall | $299.5K | $287K | -4.2% |
Housing Supply in South Marshall, OK
How many homes are available in South Marshall, OK?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 73 | 80 | +9.6% |
Summary: The South Marshall real estate market had 80 homes for sale in March 2024, a 9.6% 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 | 7 | 9 | +28.6% |
| 3 Bedrooms | 44 | 49 | +11.4% |
| 4 Bedrooms | 12 | 11 | -8.3% |
| 5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The South 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 28.6%, 3 bedroom homes increased by 11.4%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 10 | +150.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South Marshall, you may be able to get a good deal. 70% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in South Marshall in March 2024, up by 150.0% month-over-month. Of the 10 sold homes, 70% were sold under asking, 30% were sold at asking, and 0% were sold over asking.
Days on Market for South Marshall, OK
How long does it take to sell a home in South Marshall, OK?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 28 Days | 53 Days | +89.4% |
Summary: Homes in South Marshall had an average of 53 days on market in Mar 2024, up by 89.4% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in South Marshall are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 10 homes were sold in South Marshall; 50% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.
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