Is Marshall, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Marshall was a Buyer's Market.
Housing Prices in Marshall, NC
How much do homes in Marshall, NC cost?
Median Sold Price
$440,000
$290/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Marshall was $440,000 in May 2024, up 10% from last year, and the median price per square foot was $290.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $425K | $282.5K | -33.5% |
2 Bedrooms | $250K | $402.5K | +61.0% |
3 Bedrooms | $402.5K | $444.9K | +10.5% |
4 Bedrooms | $460K | $1.0M | +117.4% |
5+ Bedrooms | $1.2M | $1.1M | -2.4% |
Summary: Marshall housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 33.5%, 2 bedroom homes increased by 61%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 117.4%, and 5+ bedroom homes decreased by 2.4%.
Housing Supply in Marshall, NC
How many homes are available in Marshall, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
41 | 51 | +24.4% |
Summary: The Marshall real estate market had 51 homes for sale in May 2024, a 24.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 2 | -33.3% |
2 Bedrooms | 9 | 13 | +44.4% |
3 Bedrooms | 21 | 28 | +33.3% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Marshall housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 44.4%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 8 | +100.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Marshall in May 2024, up by 100.0% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
37 Days | 52 Days | +37.7% |
Summary: Homes in Marshall had an average of 52 days on market in May 2024, up by 37.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 8 homes were sold in Marshall; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.