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Featured local agent — Marshall, MI
Sarah Mitchell
Compass Real Estate · Marshall, MI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Marshall, MI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$240,000median sale price
How is the Marshall, MI housing market right now?
The median home sale price in Marshall, MI is $240,000, up 1.1% year-over-year. Homes sell in an average of 43 days with 30 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Marshall a buyer's or seller's market?
Marshall, MI is currently a seller's market, based on 2.7 months of supply and homes selling in about 43 days. How we determine this →
Homes sold
11
Last 12 weeks
Days on market
43
Average pace
Active listings
30
2.7 months supply
Sale-to-list
98.3%
Below asking
What does the Marshall housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $240,000 |
| Median list price | $324,950 |
| Year-over-year price change | +1.1% |
| Average days on market | 43 days |
| Active inventory | 30 listings |
| Months of supply | 2.7 months |
| Sale-to-list price ratio | 98.3% |
| Median price per sq ft | $163/sq ft |
| Homes sold (latest month) | 11 |
| New listings (latest month) | 12 |
| Listings with a price cut | 30.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Marshall by property type?
How the Marshall, MI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $240,000 | $163/sq ft | 11 | 43 days |
| Condo / Co-op | $362,500 | $263/sq ft | 2 | 177 days |
Source: Redfin · Updated monthly
The Marshall housing market is currently classified as a seller's market with a median sale price of $240,000. Prices have risen 1.1% compared to last year, with homes spending an average of 43 days on market, indicating 2.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.3x provides context for how home values compare to local earning capacity.
Homes for sale in Marshall
There are currently 30 homes listed for sale in Marshall, Michigan. The median listing price is $325K.
Active listings
30
Homes on market
Median list price
$325K
Avg. days on market
43
Days until sale
New this week
12
Newly listed
Who lives in Marshall?
Population
6,797
Median income
$75,220/yr
Median age
46.5 years
Owner-occupied
67.9%
College grads
41.8%
Avg commute
21.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Marshall?
Zillow home value
$250,345
Price-to-income
3.3x
Source: Zillow Research
What is it like to live in Marshall?
Marshall is a community of approximately 7K residents with a median age of 46.5 years.The median household income is $75,220, which reflects a relatively affluent area with strong earning potential. 41.8% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 67.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 21.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Marshall offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Marshall?
8 schools tracked · 2,677 students
The largest public schools serving Marshall, MI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Marshall High School
Grades 9-12 · 769 students
Marshall Middle School
Grades 6-8 · 542 students
Mar Lee School
Grades K-8 · 299 students
Walters Elementary
Grades PK-5 · 293 students
Hughes Elementary School
Grades PK-5 · 266 students
Marshall Academy
Grades K-12 · 249 students
Gordon Elementary School
Grades PK-5 · 247 students
Calhoun County Juvenile Home
Grades 4-12 · 12 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Marshall, MI?
Want a head-to-head view? Compare Marshall side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Marshall?
The median home sale price in Marshall is $240,000, up 1.1% from last year.
How long do homes stay on market in Marshall?
Homes typically spend 43 days on market before going under contract.
What is the median income in Marshall?
The median household income is $75,220 per year.
Is Marshall a buyer's or seller's market?
With 2.7 months of supply, Marshall is currently a seller's market.
What is the Zillow home value estimate for Marshall?
The Zillow Home Value Index (ZHVI) for Marshall is $250,345, representing the typical home value in the area.
What is the median condo price in Marshall?
The median condo/co-op sale price in Marshall, MI is $362,500, compared to $240,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Marshall?
The median single-family home price in Marshall, MI is $240,000 (about $163 per square foot).
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