Housing in Marshall, MI

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$271,710

Median List Price

$175,000

Price Per Sq Ft

$223

Days on Market

107

Active Inventory

30

Months of Supply

10.0

Buyer's market

Zillow Home Value

$231,975

ZHVI — January 2026

Zillow Rent Index

$1,250

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 50.9%List Price 36.2%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

33.3%

Off Market in 2 Weeks

30.0%

Sale-to-List Ratio

96.6%

Buyer's market

Sold Above Asking
33.3%
Under Contract in 2 Wks
30.0%
Listings with Price Drops
23.3%

Market Activity

Source: Redfin

Homes Sold

3

New Listings

6

Pending Sales

10

Homes Sold 72.7%New Listings 57.1%Pending 9.1%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$223

Median List $/SF

$116

Sale $/SF 60.4%List $/SF 21.1%Mar 24Jan 26

Marshall vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Marshall is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$169,800

Median Rent

$933

Total Housing Units

3,428

Vacancy Rate

6.7%

Owner Occupied

67.9%

Renter Occupied

32.1%

Median Property Tax

$2,988

per year

Monthly Cost (w/ Mortgage)

$1,152

Housing Types

Single Family
75.2%
Multi-Family
24.8%
Mobile Home
0.0%

The current median sale price in Marshall, MI is $271,710 according to Redfin data. Homes spend a median of 107 days on the market. 33.3% of homes sold above asking price. The market has 10.0 months of supply. The median price per square foot is $223. Zillow's observed rent index is $1,250/month. About 67.9% of housing units are owner-occupied. The median year homes were built is 1957. There are 3,428 total housing units.