Is Marbury, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Marbury is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Marbury, AL

How much do homes in Marbury, AL cost?

Median Sold Price

$302,500

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$5,500(+1.9%)

Key Takeaway

Homes in Marbury have sold for 1.9% more than they did a year ago.

Summary: The median home sold price in Marbury was $302,500 in October 2024, up 1.9% from last year, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$190K
N/A
2 $330K$339K
+2.7%
3 $237K$262.2K
+10.7%
4 $326K$330K
+1.2%
5+ $700K$431K
-38.4%

Summary: Marbury housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.7%, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes decreased by 38.4%.

Median Sold Price Compared To Nearby Cities

Marbury
+1.9%
Deatsville
-3.4%

Housing Supply in Marbury, AL

How many homes are available in Marbury, AL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
20200.0%

Summary: The Marbury real estate market had 20 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 65
-16.7%
4 912
+33.3%
5+ 32
-33.3%

Summary: The Marbury housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
550.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Marbury, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Marbury in October 2024, the same as the previous month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.

Days on Market for Marbury, AL

How long does it take to sell a home in Marbury, AL?

Average Sale Time

Oct 2023Oct 2024CHANGE
82 Days80 Days-2.0%

Summary: Homes in Marbury had an average of 80 days on market in Oct 2024, down by 2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Marbury has remained consistent over time.

Summary: During October 2024, 5 homes were sold in Marbury; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% 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 17 Days Ago

Newest Listings in Marbury, AL

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