Is Marshville, 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, Marshville was a Seller's Market.
Key Takeaway
Marshville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Marshville, NC
How much do homes in Marshville, NC cost?
Median Sold Price
$351,250
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Marshville have sold for 25% more than they did a year ago.
Summary: The median home sold price in Marshville was $351,250 in May 2024, up 25% from last year, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $155K | - | N/A |
| 2 Bedrooms | $189K | $214.2K | +13.3% |
| 3 Bedrooms | $281K | $365K | +29.9% |
| 4 Bedrooms | $359K | $500K | +39.3% |
| 5+ Bedrooms | $325K | $225K | -30.8% |
Summary: Marshville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 29.9%, 4 bedroom homes increased by 39.3%, and 5+ bedroom homes decreased by 30.8%.
Median Sold Price Compared To Nearby Cities
| Marshville | $281K | $351.2K | +25.0% |
| Marshville Township | $290K | $349.9K | +20.7% |
Housing Supply in Marshville, NC
How many homes are available in Marshville, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 33 | 31 | -6.1% |
Summary: The Marshville real estate market had 31 homes for sale in May 2024, a 6.1% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 17 | 16 | -5.9% |
| 4 Bedrooms | 10 | 10 | 0.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Marshville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 5.9%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 10 | 4 | -60.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Marshville, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Marshville in May 2024, down by 60.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Marshville, NC
How long does it take to sell a home in Marshville, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 7 Days | 100 Days | +1249.5% |
Summary: Homes in Marshville had an average of 100 days on market in May 2024, up by 1249.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Marshville are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 4 homes were sold in Marshville; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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