$771 Closing Credit*
$64,900
720 SqFt
2 Beds
•1 Full Bath
Nancy Hagen, Listing Office: Progressive Real Estate RN,LLC
Is Marshalltown, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Marshalltown was a Seller's Market.
Key Takeaway
Marshalltown is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Marshalltown, IA
How much do homes in Marshalltown, IA cost?
Median Sold Price
$167,000
$128/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$7,050(+4.4%)
Key Takeaway
Homes in Marshalltown have sold for 4.4% more than they did a year ago.
Summary: The median home sold price in Marshalltown was $167,000 in November 2024, up 4.4% from last year, and the median price per square foot was $128.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $82.5K | $130K | +57.6% |
| 3 Bedrooms | $174.9K | $170.5K | -2.5% |
| 4 Bedrooms | $160K | $180K | +12.5% |
| 5+ Bedrooms | $219.9K | $170K | -22.7% |
Summary: Marshalltown housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 57.6%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 22.7%.
Median Sold Price Compared To Nearby Cities
| Marion Township | $246K | $274.6K | +11.7% |
| Marshalltown | $159.9K | $167K | +4.4% |
| Taylor Township | $129.7K | $132.5K | +2.1% |
| Timber Creek Township | $200K | $203K | +1.5% |
Housing Supply in Marshalltown, IA
How many homes are available in Marshalltown, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 38 | 32 | -15.8% |
Summary: The Marshalltown real estate market had 32 homes for sale in November 2024, a 15.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 22 | 18 | -18.2% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The Marshalltown housing inventory by bedroom type for November 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 18.2%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 4 | -55.6% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Marshalltown, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Marshalltown in November 2024, down by 55.6% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Marshalltown, IA
How long does it take to sell a home in Marshalltown, IA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 15 Days | 54 Days | +245.3% |
Summary: Homes in Marshalltown had an average of 54 days on market in Nov 2024, up by 245.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Marshalltown has remained consistent over time.
Summary: During November 2024, 4 homes were sold in Marshalltown; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
