$469,900
5.84 Acres
Land
•1 Full Bath, 1 Partial
Marc Olson, Listing Office: Re/max Concepts-Nevada
Is Marshall County, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Marshall County was a Neutral Market.
Key Takeaway
Marshall County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Marshall County, IA
How much do homes in Marshall County, IA cost?
Median Sold Price
$178,000
$126/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$6,000(+3.5%)
Key Takeaway
Homes in Marshall County have sold for 3.5% more than they did a year ago.
Summary: The median home sold price in Marshall County was $178,000 in October 2024, up 3.5% from last year, and the median price per square foot was $126.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $98.1K | - | N/A |
| 2 Bedrooms | $88K | $135K | +53.4% |
| 3 Bedrooms | $162.9K | $174.5K | +7.1% |
| 4 Bedrooms | $197.5K | $215K | +8.9% |
| 5+ Bedrooms | $262.5K | $175K | -33.3% |
Summary: Marshall County 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 53.4%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes decreased by 33.3%.
Median Sold Price Compared To Nearby Counties
| Jasper County | $175K | $184.7K | +5.5% |
| Marshall County | $172K | $178K | +3.5% |
| Story County | $275.1K | $284.7K | +3.5% |
Housing Supply in Marshall County, IA
How many homes are available in Marshall County, IA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 53 | 45 | -15.1% |
Summary: The Marshall County real estate market had 45 homes for sale in October 2024, a 15.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 8 | -11.1% |
| 3 Bedrooms | 29 | 22 | -24.1% |
| 4 Bedrooms | 10 | 12 | +20.0% |
| 5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The Marshall County 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 11.1%, 3 bedroom homes decreased by 24.1%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 10 | -16.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Marshall County, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Marshall County in October 2024, down by 16.7% month-over-month. Of the 10 sold homes, 60% were sold under asking, 30% were sold at asking, and 10% were sold over asking.
Days on Market for Marshall County, IA
How long does it take to sell a home in Marshall County, IA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 43 Days | 108 Days | +152.3% |
Summary: Homes in Marshall County had an average of 108 days on market in Oct 2024, up by 152.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Marshall County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 10 homes were sold in Marshall County; 40% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.
Provided Courtesy Of Cedar Rapids Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Is Believed To Be Accurate But Not Guaranteed.