Is Marshall, NC 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 was a Seller's Market.
Key Takeaway
Marshall is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Marshall, NC
How much do homes in Marshall, NC cost?
Median Sold Price
$431,239
$280/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Marshall have sold for 12.7% more than they did a year ago.
Summary: The median home sold price in Marshall was $431,239 in April 2024, up 12.7% from last year, and the median price per square foot was $280.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $425K | $305K | -28.2% |
| 2 Bedrooms | $287.7K | $395K | +37.3% |
| 3 Bedrooms | $401.2K | $425K | +5.9% |
| 4 Bedrooms | - | $735K | N/A |
| 5+ Bedrooms | $1.2M | $890K | -27.3% |
Summary: Marshall housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 28.2%, 2 bedroom homes increased by 37.3%, 3 bedroom homes increased by 5.9%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 27.3%.
Housing Supply in Marshall, NC
How many homes are available in Marshall, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 40 | 39 | -2.5% |
Summary: The Marshall real estate market had 39 homes for sale in April 2024, a 2.5% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 10 | 8 | -20.0% |
| 3 Bedrooms | 21 | 21 | 0.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Marshall 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 decreased by 20%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 4 | -50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Marshall, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Marshall in April 2024, down by 50.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Marshall, NC
How long does it take to sell a home in Marshall, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 74 Days | 100 Days | +34.9% |
Summary: Homes in Marshall had an average of 100 days on market in Apr 2024, up by 34.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Marshall are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 4 homes were sold in Marshall; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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