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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Marshville is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, Marshville has remained a Neutral Market.

Key Takeaway

Marshville is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Marshville, NC

How much do homes in Marshville, NC cost?

Median Sold Price

$483,250

$245/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$133,250(+38.1%)

Key Takeaway

Homes in Marshville have sold for 38.1% more than they did a month ago.

Summary: The median home sold price in Marshville was $483,250 in October 2024, up 38.1% from last month, and the median price per square foot was $245.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $321.5K$476.8K
+48.3%
4 $480.4K$535K
+11.4%
5+ -$610K
N/A

Summary: Marshville housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 48.3%, 4 bedroom homes increased by 11.4%, and 5+ bedroom homes did not change.

Housing Supply in Marshville, NC

How many homes are available in Marshville, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4249+16.7%

Summary: The Marshville real estate market had 49 homes for sale in October 2024, a 16.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 2329
+26.1%
4 1515
0.0%
5+ 23
+50.0%

Summary: The Marshville 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 remained the same, 3 bedroom homes increased by 26.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
78+14.3%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Marshville, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Marshville in October 2024, up by 14.3% month-over-month. Of the 8 sold homes, 75% were sold under asking, 13% were sold at asking, and 13% were sold over asking.

Days on Market for Marshville, NC

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

Average Sale Time

Sep 2024Oct 2024CHANGE
37 Days28 Days-24.2%

Summary: Homes in Marshville had an average of 28 days on market in Oct 2024, down by 24.2% compared to last month.

Breakdown of Home Sale Times

5 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

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

Summary: During October 2024, 8 homes were sold in Marshville; 63% of homes were sold within 30 days, 38% 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 17 Days Ago

Newest Listings in Marshville, NC

Nearby Markets to Marshville, NC

What housing markets are near Marshville, NC?