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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Marshville Township is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Marshville Township, NC

How much do homes in Marshville Township, NC cost?

Median Sold Price

$349,900

$199/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$24,900(+7.7%)

Key Takeaway

Homes in Marshville Township have sold for 7.7% more than they did a year ago.

Summary: The median home sold price in Marshville Township was $349,900 in October 2024, up 7.7% from last year, and the median price per square foot was $199.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $155K-
N/A
2 $228.2K$216K
-5.4%
3 $310K$343K
+10.6%
4 $363.8K$417.4K
+14.7%
5+ $325K$447.5K
+37.7%

Summary: Marshville Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.4%, 3 bedroom homes increased by 10.6%, 4 bedroom homes increased by 14.7%, and 5+ bedroom homes increased by 37.7%.

Median Sold Price Compared To Nearby Cities

Marshville Township
+7.7%
Wingate
+6.6%
Lanes Creek Township
+2.1%

Housing Supply in Marshville Township, NC

How many homes are available in Marshville Township, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5762+8.8%

Summary: The Marshville Township real estate market had 62 homes for sale in October 2024, a 8.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 2832
+14.3%
4 2425
+4.2%
5+ 33
0.0%

Summary: The Marshville Township 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 14.3%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
108-20.0%

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 Township, 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 Township in October 2024, down by 20.0% 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 Township, NC

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

Average Sale Time

Oct 2023Oct 2024CHANGE
60 Days28 Days-53.4%

Summary: Homes in Marshville Township had an average of 28 days on market in Oct 2024, down by 53.4% compared to last year.

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 Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 8 homes were sold in Marshville Township; 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 Township, NC

Nearby Markets to Marshville Township, NC

What housing markets are near Marshville Township, NC?