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.
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
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
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
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.