Is Marshall Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Marshall Township is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Marshall Township, PA

How much do homes in Marshall Township, PA cost?

Median Sold Price

$575,000

$222/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$55,000(+10.6%)

Key Takeaway

Homes in Marshall Township have sold for 10.6% more than they did a year ago.

Summary: The median home sold price in Marshall Township was $575,000 in November 2024, up 10.6% from last year, and the median price per square foot was $222.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $154.5K$200K
+29.4%
2 $201.5K$320K
+58.8%
3 $392.9K$425K
+8.2%
4 $603K$647.5K
+7.4%
5+ $1.4M$1.3M
-5.5%

Summary: Marshall Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 29.4%, 2 bedroom homes increased by 58.8%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes decreased by 5.5%.

Median Sold Price Compared To Nearby Cities

Marshall Township
+10.6%
Wexford
+8.4%
Warrendale
+3.8%

Housing Supply in Marshall Township, PA

How many homes are available in Marshall Township, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5146-9.8%

Summary: The Marshall Township real estate market had 46 homes for sale in November 2024, a 9.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 911
+22.2%
4 2925
-13.8%
5+ 119
-18.2%

Summary: The Marshall Township 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 decreased by 50%, 3 bedroom homes increased by 22.2%, 4 bedroom homes decreased by 13.8%, and 5+ bedroom homes decreased by 18.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
124-66.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Marshall Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Marshall Township in November 2024, down by 66.7% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Marshall Township, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
45 Days103 Days+125.3%

Summary: Homes in Marshall Township had an average of 103 days on market in Nov 2024, up by 125.3% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 4 homes were sold in Marshall Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 2 Days Ago

Newest Listings in Marshall Township, PA

Nearby Markets to Marshall Township, PA

What housing markets are near Marshall Township, PA?