Is Marshall-Shadeland, PA 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, Marshall-Shadeland was a Neutral Market.
Key Takeaway
Marshall-Shadeland is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Marshall-Shadeland, PA
How much do homes in Marshall-Shadeland, PA cost?
Median Sold Price
$70,000
$59/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Marshall-Shadeland have sold for 29.3% less than they did a year ago.
Summary: The median home sold price in Marshall-Shadeland was $70,000 in April 2024, down 29.3% from last year, and the median price per square foot was $59.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $32.5K | - | N/A |
| 2 Bedrooms | $69.9K | $37K | -47.1% |
| 3 Bedrooms | $100K | $101K | +1.0% |
| 4 Bedrooms | $150K | $125K | -16.7% |
| 5+ Bedrooms | - | - | N/A |
Summary: Marshall-Shadeland housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 47.1%, 3 bedroom homes increased by 1%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Brighton Heights | $210.7K | $195K | -7.5% |
| Perry South | $106K | $85K | -19.8% |
| Marshall-Shadeland | $99K | $70K | -29.3% |
Housing Supply in Marshall-Shadeland, PA
How many homes are available in Marshall-Shadeland, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 27 | 25 | -7.4% |
Summary: The Marshall-Shadeland real estate market had 25 homes for sale in April 2024, a 7.4% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 10 | 0.0% |
| 3 Bedrooms | 9 | 8 | -11.1% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Marshall-Shadeland housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Marshall-Shadeland, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Marshall-Shadeland in April 2024, down by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Marshall-Shadeland, PA
How long does it take to sell a home in Marshall-Shadeland, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 5 Days | 42 Days | +669.7% |
Summary: Homes in Marshall-Shadeland had an average of 42 days on market in Apr 2024, up by 669.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Marshall-Shadeland are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in Marshall-Shadeland; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
