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Featured local agent — Marshall, MN
Sarah Mitchell
Compass Real Estate · Marshall, MN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Marshall, MN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$194,500median sale price
How is the Marshall, MN housing market right now?
The median home sale price in Marshall, MN is $194,500, up 3.8% year-over-year. Homes sell in an average of 5 days with 13 active listings. The market is currently a strong 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, MN is currently a strong seller's market, based on 0.9 months of supply and homes selling in about 5 days. How we determine this →
Homes sold
14
Last 12 weeks
Days on market
5
Fast-moving
Active listings
13
0.9 months supply
Sale-to-list
103.9%
Above asking
What does the Marshall housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $194,500 |
| Median list price | $247,500 |
| Year-over-year price change | +3.8% |
| Average days on market | 5 days |
| Active inventory | 13 listings |
| Months of supply | 0.9 months |
| Sale-to-list price ratio | 103.9% |
| Median price per sq ft | $126/sq ft |
| Homes sold (latest month) | 14 |
| New listings (latest month) | 12 |
| Listings with a price cut | 7.7% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Marshall by property type?
How the Marshall, MN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $235,000 | $128/sq ft | 13 | 6 days |
| Townhouse | $165,000 | $105/sq ft | 1 | 12 days |
Source: Redfin · Updated monthly
The Marshall housing market is currently classified as a strong seller's market with a median sale price of $194,500. Prices have risen 3.8% compared to last year, with homes spending an average of 5 days on market, indicating 0.9 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 3.8x provides context for how home values compare to local earning capacity.
Homes for sale in Marshall
There are currently 13 homes listed for sale in Marshall, Minnesota. The median listing price is $248K.
Active listings
13
Homes on market
Median list price
$248K
Avg. days on market
5
Days until sale
New this week
12
Newly listed
Who lives in Marshall?
Population
13,880
Median income
$64,636/yr
Median age
35 years
Owner-occupied
59.4%
College grads
31.1%
Avg commute
11.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Marshall?
Zillow home value
$248,286
Price-to-income
3.8x
Source: Zillow Research
What is it like to live in Marshall?
Marshall is a community of approximately 14K residents with a median age of 35 years.The median household income is $64,636, which represents a working-class community with solid middle-income opportunities. 31.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 59.4%, showing a blend of owner and renter-occupied properties. The average commute time is 11.4 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?
7 schools tracked · 2,711 students
The largest public schools serving Marshall, MN 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 · 917 students
MARSHALL MIDDLE SCHOOL
Grades 5-8 · 624 students
Southview Elementary
Grades 2-4 · 526 students
PARK SIDE ELEMENTARY
Grades PK-1 · 406 students
Marshall EC Voluntary PreK
Grades PK · 116 students
MATEC
Grades 5-12 · 115 students
Project Search-Avera Marshall
Grades 12 · 7 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, MN?
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 $194,500, up 3.8% from last year.
How long do homes stay on market in Marshall?
Homes typically spend 5 days on market before going under contract.
What is the median income in Marshall?
The median household income is $64,636 per year.
Is Marshall a buyer's or seller's market?
With 0.9 months of supply, Marshall is currently a strong seller's market.
What is the Zillow home value estimate for Marshall?
The Zillow Home Value Index (ZHVI) for Marshall is $248,286, representing the typical home value in the area.
How much does a single-family home cost in Marshall?
The median single-family home price in Marshall, MN is $235,000 (about $128 per square foot).
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