Is Marshall Township, PA 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, Marshall Township was a Buyer's Market.
Housing Prices in Marshall Township, PA
How much do homes in Marshall Township, PA cost?
Median Sold Price
$522,500
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Marshall Township was $522,500 in March 2024, down 0.5% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $154.5K | N/A |
2 Bedrooms | $168K | $208.7K | +24.3% |
3 Bedrooms | $389.9K | $411.5K | +5.5% |
4 Bedrooms | $561.7K | $625K | +11.3% |
5+ Bedrooms | $928.3K | $1.5M | +63.4% |
Summary: Marshall Township 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 24.3%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 11.3%, and 5+ bedroom homes increased by 63.4%.
Median Sold Price Compared To Nearby Cities
Wexford | $436.3K | $492K | +12.8% |
Marshall Township | $525K | $522.5K | -0.5% |
Housing Supply in Marshall Township, PA
How many homes are available in Marshall Township, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
33 | 42 | +27.3% |
Summary: The Marshall Township real estate market had 42 homes for sale in March 2024, a 27.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 5 | 6 | +20.0% |
4 Bedrooms | 12 | 17 | +41.7% |
5+ Bedrooms | 14 | 17 | +21.4% |
Summary: The Marshall Township 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 remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 41.7%, and 5+ bedroom homes increased by 21.4%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 6 | +20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Marshall Township in March 2024, up by 20.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for Marshall Township, PA
How long does it take to sell a home in Marshall Township, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
89 Days | 21 Days | -75.7% |
Summary: Homes in Marshall Township had an average of 21 days on market in Mar 2024, down by 75.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in Marshall Township; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.