Is North Marshall, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Marshall is a seller's market

Buyer's
Market

Difference Since August 2023

Since last year, North Marshall has remained a Seller's Market.

Key Takeaway

North Marshall is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in North Marshall, OK

How much do homes in North Marshall, OK cost?

Median Sold Price

$201,500

$112/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$47,200(+30.6%)

Key Takeaway

Homes in North Marshall have sold for 30.6% more than they did a year ago.

Summary: The median home sold price in North Marshall was $201,500 in August 2024, up 30.6% from last year, and the median price per square foot was $112.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 --
N/A
2 $87.5K$112.7K
+28.9%
3 $174K$169K
-2.9%
4 $201K$275K
+36.8%
5+ $525K$450K
-14.3%

Summary: North Marshall housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 28.9%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 36.8%, and 5+ bedroom homes decreased by 14.3%.

Median Sold Price Compared To Nearby Cities

Madill
+34.2%
North Marshall
+30.6%
Kingston
+3.9%
South Marshall
+3.9%

Housing Supply in North Marshall, OK

How many homes are available in North Marshall, OK?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
2725-7.4%

Summary: The North Marshall real estate market had 25 homes for sale in August 2024, a 7.4% decrease compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 22
0.0%
2 34
+33.3%
3 1312
-7.7%
4 86
-25.0%
5+ 11
0.0%

Summary: The North Marshall housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Marshall, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in North Marshall in August 2024, down by 16.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.

Days on Market for North Marshall, OK

How long does it take to sell a home in North Marshall, OK?

Average Sale Time

Aug 2023Aug 2024CHANGE
51 Days30 Days-41.0%

Summary: Homes in North Marshall had an average of 30 days on market in Aug 2024, down by 41% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in North Marshall has remained consistent over time.

Summary: During August 2024, 5 homes were sold in North Marshall; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in North Marshall, OK

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