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

$295,000

$155/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$100,000(+51.3%)

Key Takeaway

Homes in Marshall County have sold for 51.3% more than they did a month ago.

Summary: The median home sold price in Marshall County was $295,000 in November 2024, up 51.3% from last month, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $79.5K$457.3K
+475.2%
2 $151K$100K
-33.8%
3 $220K$312K
+41.8%
4 $230K$425K
+84.8%
5+ -$259.5K
N/A

Summary: Marshall County housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes increased by 475.2%, 2 bedroom homes decreased by 33.8%, 3 bedroom homes increased by 41.8%, 4 bedroom homes increased by 84.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Marshall County
+51.3%
Fulton County
+12.7%
Saint Joseph County
+5.1%
Kosciusko County
+2.0%
Elkhart County
-4.0%

Housing Supply in Marshall County, IN

How many homes are available in Marshall County, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
143131-8.4%

Summary: The Marshall County real estate market had 131 homes for sale in November 2024, a 8.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 34
+33.3%
2 2420
-16.7%
3 7465
-12.2%
4 2928
-3.4%
5+ 1314
+7.7%

Summary: The Marshall County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 12.2%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes increased by 7.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3727-27.0%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

4 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. 52% of homes here sold below asking price last month.

Summary: A total of 27 homes were sold or pending in Marshall County in November 2024, down by 27.0% month-over-month. Of the 25 sold homes, 52% were sold under asking, 32% were sold at asking, and 16% were sold over asking.

Days on Market for Marshall County, IN

We’re sorry, we don't have information for this market at the moment

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?