Marshville, NC
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Marshville Neighborhoods Since 2000




Marshville, NC Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Marshville Housing Market Information

With a population of 2,638, 830 total housing units (homes and apartments), and a median house value of $167,586, Marshville real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Marshville, accounting for 80.92% of the town's housing units. Other types of housing that are prevalent in Marshville include duplexes, homes converted to apartments or other small apartment buildings ( 11.62%), mobile homes or trailers ( 5.12%), and a few large apartment complexes or high rise apartments ( 2.35%).

The most prevalent building size and type in Marshville are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 50.29% owning and 49.71% renting.

There is a lot of housing in Marshville built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Marshville built between 1940-1969 ( 34.65%). A lesser amount of the housing stock also hails from before 1939 ( 21.22%). There's also some housing in Marshville built between 2000 and later ( 4.58%).

Vacant housing appears to be an issue in Marshville. Fully 11.51% of the housing stock is classified as vacant. Left unchecked, vacant Marshville homes and apartments can be a drag on the real estate market, holding Marshville real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Marshville Home Appreciation Rates

Appreciation rates for homes in Marshville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 3.68%, which ranks in the top 50% nationwide. This equates to an annual average Marshville house appreciation rate of 0.36%.

Appreciation rates are so strong in Marshville that despite a nationwide downturn in the housing market, Marshville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Marshville appreciation rates continue to be some of the highest in America, at 7.96%, which is higher than appreciation rates in 86.56% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Marshville. Marshville appreciation rates in the latest quarter were at 1.88%, which equates to an annual appreciation rate of 7.72%.

Importantly, this makes Marshville one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

Relative to North Carolina, our data show that Marshville's latest annual appreciation rate is higher than 90% of the other cities and towns in North Carolina.

Average Home Values

 

Median Home Value:
$167,586

Marshville, NC HOME PRICES

Value Range
> $1,152,000 1.3
$864,001 - $1,152,000 1.7
$576,001 - $864,000 0.6
$461,001 - $576,000 2.9
$345,001 - $461,000 8.8
$231,001 - $345,000 17.5
$115,001 - $231,000 36.6
$58,001 - $115,000 24.5
$0 - $58,000 6.1

High for NC
Average for Nation

Value Relative to Nation Value Relative to State
42.6110394937302 36.1161524500907

Number Of Homes And Apartments:
830

Marshville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NC*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
25.29% 1.32% 5 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$985 / per month

Homeownership Rate

Homeownership
Owners 50.29
Renters 49.71
Vacant 11.51

Housing Market Details

 

Age of Homes

AGE OF Marshville HOMES
2000 or Newer 4.6
1970 - 1999 39.6
1940 - 1969 34.6
1939 or Older 21.2

Types of Homes

TYPE OF Marshville HOMES
Single-Family 80.9
Townhomes 0.0
Small Apt. Buildings 11.6
Apt. Complexes 2.3
Mobile Homes 5.1
Other 0.0

Home Size

SIZE OF Marshville HOMES
No Bedroom 0.00
1 Bedroom 7.04
2 Bedrooms 20.90
3 Bedrooms 55.76
4 Bedrooms 14.82
5 or more bedrooms 1.49

Popular Neighborhoods in Marshville

Zip Codes in Marshville, NC