Is Marion Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Marion Township has remained a Seller's Market.
Housing Prices in Marion Township, NC
How much do homes in Marion Township, NC cost?
Median Sold Price
$260,000
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Marion Township was $260,000 in April 2024, up 10.6% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $158.5K | $80.5K | -49.2% |
2 Bedrooms | $189.9K | $212.7K | +12.0% |
3 Bedrooms | $266K | $282K | +6.0% |
4 Bedrooms | $299K | $364K | +21.7% |
5+ Bedrooms | $345K | $270K | -21.7% |
Summary: Marion Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 49.2%, 2 bedroom homes increased by 12%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 21.7%, and 5+ bedroom homes decreased by 21.7%.
Median Sold Price Compared To Nearby Cities
Nebo Township | $355.5K | $446.2K | +25.5% |
Old Fort Township | $270K | $312K | +15.6% |
Marion | $224.9K | $258.3K | +14.9% |
Marion Township | $235K | $260K | +10.6% |
Housing Supply in Marion Township, NC
How many homes are available in Marion Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
100 | 107 | +7.0% |
Summary: The Marion Township real estate market had 107 homes for sale in April 2024, a 7.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 24 | 27 | +12.5% |
3 Bedrooms | 60 | 65 | +8.3% |
4 Bedrooms | 13 | 12 | -7.7% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Marion Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 23 | +15.0% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in Marion Township in April 2024, up by 15.0% month-over-month. Of the 23 sold homes, 65% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Marion Township, NC
How long does it take to sell a home in Marion Township, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
30 Days | 95 Days | +207.6% |
Summary: Homes in Marion Township had an average of 95 days on market in Apr 2024, up by 207.6% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During April 2024, 23 homes were sold in Marion Township; 43% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 48% of homes were sold over 90 days.