Is Marshall, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Marshall is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Marshall was a Seller's Market.

Key Takeaway

Marshall is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Marshall, NC

How much do homes in Marshall, NC cost?

Median Sold Price

$425,000

$295/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since November 2023.

Key Takeaway

The sold price of homes in Marshall has remained the same since last year.

Summary: The median home sold price in Marshall was $425,000 in November 2024, the same as last year, and the median price per square foot was $295.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $305K$305K
0.0%
2 $330K$371K
+12.4%
3 $450K$422.5K
-6.1%
4 $474.2K$1.3M
+190.4%
5+ -$1.1M
N/A

Summary: Marshall 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 12.4%, 3 bedroom homes decreased by 6.1%, 4 bedroom homes increased by 190.4%, and 5+ bedroom homes did not change.

Housing Supply in Marshall, NC

How many homes are available in Marshall, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5362+17.0%

Summary: The Marshall real estate market had 62 homes for sale in November 2024, a 17.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1520
+33.3%
3 3031
+3.3%
4 46
+50.0%
5+ 45
+25.0%

Summary: The Marshall 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 increased by 33.3%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
550.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Marshall, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Marshall in November 2024, the same as the previous month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.

Days on Market for Marshall, NC

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

Average Sale Time

Nov 2023Nov 2024CHANGE
65 Days33 Days-49.2%

Summary: Homes in Marshall had an average of 33 days on market in Nov 2024, down by 49.2% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 5 homes were sold in Marshall; 40% of homes were sold within 30 days, 60% 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 21 Days Ago

Newest Listings in Marshall, NC

Nearby Markets to Marshall, NC