Is Marysville, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Marysville is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Marysville, MI

How much do homes in Marysville, MI cost?

Median Sold Price

$216,000

$173/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$10,000(+4.9%)

Key Takeaway

Homes in Marysville have sold for 4.9% more than they did a year ago.

Summary: The median home sold price in Marysville was $216,000 in April 2024, up 4.9% from last year, and the median price per square foot was $173.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$133K
N/A
2 $147.5K$154K
+4.4%
3 $217.5K$223K
+2.5%
4 $285K$342K
+20.0%
5+ $340.9K$235K
-31.1%

Summary: Marysville 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 increased by 4.4%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 31.1%.

Median Sold Price Compared To Nearby Cities

Smiths Creek
+24.3%
Kimball Township
+24.3%
Port Huron
+9.3%
Marysville
+4.9%
Saint Clair Township
+0.8%

Housing Supply in Marysville, MI

How many homes are available in Marysville, MI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2328+21.7%

Summary: The Marysville real estate market had 28 homes for sale in April 2024, a 21.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 27
+250.0%
3 1718
+5.9%
4 42
-50.0%
5+ 01
+100.0%

Summary: The Marysville 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 increased by 250%, 3 bedroom homes increased by 5.9%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
660.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Marysville, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 6 homes were sold or pending in Marysville in April 2024, the same as the previous month. Of the 6 sold homes, 17% were sold under asking, 67% were sold at asking, and 17% were sold over asking.

Days on Market for Marysville, MI

How long does it take to sell a home in Marysville, MI?

Average Sale Time

Apr 2023Apr 2024CHANGE
150 Days49 Days-67.3%

Summary: Homes in Marysville had an average of 49 days on market in Apr 2024, down by 67.3% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Marysville are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 6 homes were sold in Marysville; 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.

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

Report Updated Apr 1, 2024

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