Housing in Marshall, MN

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$191,000

Median List Price

$215,000

Price Per Sq Ft

$120

Days on Market

56

Active Inventory

10

Months of Supply

1.1

Seller's market

Zillow Home Value

$232,045

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 18.5%List Price 1.3%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

11.1%

Off Market in 2 Weeks

33.3%

Sale-to-List Ratio

97.5%

Buyer's market

Sold Above Asking
11.1%
Under Contract in 2 Wks
33.3%
Listings with Price Drops
20.0%

Market Activity

Source: Redfin

Homes Sold

9

New Listings

5

Pending Sales

3

Homes Sold 125.0%New Listings 37.5%Pending 78.6%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$120

Median List $/SF

$106

Sale $/SF 2.4%List $/SF 7.8%Mar 24Jan 26

Marshall vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 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

$198,900

Median Rent

$742

Total Housing Units

6,253

Vacancy Rate

11.5%

Owner Occupied

59.4%

Renter Occupied

40.6%

Median Property Tax

$2,311

per year

Monthly Cost (w/ Mortgage)

$954

Housing Types

Single Family
63.6%
Multi-Family
34.6%
Mobile Home
1.8%

The current median sale price in Marshall, MN is $191,000 according to Redfin data. Homes spend a median of 56 days on the market. 11.1% of homes sold above asking price. The market has 1.1 months of supply. The median price per square foot is $120. The median rent is $742 per month (Census ACS). About 59.4% of housing units are owner-occupied. The median year homes were built is 1976. There are 6,253 total housing units.