Is Marshall County, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Marshall County is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Marshall County has remained a Seller's 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, IN

How much do homes in Marshall County, IN cost?

Median Sold Price

$202,500

$130/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$42,500(-17.3%)

Key Takeaway

Homes in Marshall County have sold for 17.3% less than they did a month ago.

Summary: The median home sold price in Marshall County was $202,500 in October 2024, down 17.3% from last month, and the median price per square foot was $130.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $235K$79.5K
-66.2%
2 $170.7K$160K
-6.3%
3 $248.4K$220K
-11.5%
4 $289.9K$230K
-20.7%
5+ --
N/A

Summary: Marshall County housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 66.2%, 2 bedroom homes decreased by 6.3%, 3 bedroom homes decreased by 11.5%, 4 bedroom homes decreased by 20.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Kosciusko County
+6.4%
Elkhart County
-1.1%
Saint Joseph County
-2.3%
Fulton County
-3.4%
Marshall County
-17.3%

Housing Supply in Marshall County, IN

How many homes are available in Marshall County, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
153147-3.9%

Summary: The Marshall County real estate market had 147 homes for sale in October 2024, a 3.9% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 43
-25.0%
2 2023
+15.0%
3 8878
-11.4%
4 3129
-6.5%
5+ 1014
+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 decreased by 25%, 2 bedroom homes increased by 15%, 3 bedroom homes decreased by 11.4%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes increased by 40%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4136-12.2%

Asking Price vs. Sold Price

24 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Marshall County, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 36 homes were sold or pending in Marshall County in October 2024, down by 12.2% month-over-month. Of the 36 sold homes, 67% were sold under asking, 14% were sold at asking, and 19% were sold over asking.

Days on Market for Marshall County, IN

How long does it take to sell a home in Marshall County, IN?

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Marshall County are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 36 homes were sold in Marshall County; 3% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 20 Days Ago

Newest Listings in Marshall County, IN

Nearby Markets to Marshall County, IN

What housing markets are near Marshall County, IN?