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Main Street MarshalltownPhoto: Kepper66 · CC BY-SA 3.0
Housing in Marshalltown

330 homes sold in Marshalltown in the last year, at a typical $158K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Marshalltown homes are listed.

Homes sold
330
June 2025 to May 2026
Typical sale price
$158K
houses $159K · condos $202K
Price per square foot
$121
Iowa $159
Paid vs. asking
97.1%
31% sold over asking
For sale now
26
May 2026 · 20 sold that month
What sold · last 12 months

3% of Marshalltown’s sales are condos, at $44K more than a house

315 houses and 11 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$159K

typical sale · 315 sold in 12 months

Per square foot
$121IA $158
Days to sell
24
Sold over asking
32%
Listings with a price cut
33%
Condos$202K

typical sale · 11 sold in 12 months

Per square foot
$133IA $165
Days to sell
124
Sold over asking
0%
Listings with a price cut
100%
Fewer sales

Multi-family (2–4 units): 4 sold, typical $107K

Too few sales in 12 months for reliable figures.

11 years of sales

About as many homes sell as usual, at 1.5 times the 2016 price

330 sales in the last year, against 416 in 2017 and a low of 290 in 2024. The typical sale went from $102K in 2016 to $158K.

Homes soldTypical sale price
0112225337450$50K$100K$150K$200K2015: 349 sold, typical $87K’152016: 403 sold, typical $102K2017: 416 sold, typical $102K’172018: 368 sold, typical $109K2019: 360 sold, typical $115K’192020: 403 sold, typical $121K2021: 389 sold, typical $122K’212022: 362 sold, typical $137K2023: 311 sold, typical $148K’232024: 290 sold, typical $165K2025: 345 sold, typical $161K’25Last 12 months: 330 sold, typical $158KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $150K buys in Marshalltown

Houseat $121 a sq ft
Condoat $133 a sq ft
The same money in Iowaat $158 a sq ft

Is this asking price fair?

Check a listing against what Marshalltown homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 11 years of sales

Bidding wars in Marshalltown are more common than before the pandemic, but half fewer homes come up for sale

We read every month of Marshalltown’s home sales since 2015 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 330 sales.

If you’re buying in Marshalltown

  • Shop in March. It brings about 32 new listings a month, close to the busiest month, with fewer bidding wars (23% over asking).
  • Offer under asking. Buyers paid 97.1% of the list price on average; 31% paid over.
  • Move fast on good ones. Half of homes are under contract within two weeks.
Best time to buy

Summer brings both the most homes and the most bidding wars

July has the most new listings (about 40 a month), but August is the most competitive: 35% of August sales close over asking. March offers nearly as much choice with fewer homes bid up (23%). February has the least competition (18%).

New listings a monthShare sold over asking
011.322.533.84513%27%40%Sweet spotJan: 19 new listings a month, 21% sold over asking, 73 days to sellJFeb: 25 new listings a month, 18% sold over asking, 78 days to sellFMar: 32 new listings a month, 23% sold over asking, 72 days to sellMApr: 39 new listings a month, 29% sold over asking, 74 days to sellAMay: 37 new listings a month, 30% sold over asking, 63 days to sellMJun: 38 new listings a month, 34% sold over asking, 55 days to sellJJul: 40 new listings a month, 34% sold over asking, 50 days to sellJAug: 37 new listings a month, 35% sold over asking, 48 days to sellASep: 35 new listings a month, 29% sold over asking, 54 days to sellSOct: 33 new listings a month, 27% sold over asking, 53 days to sellONov: 26 new listings a month, 25% sold over asking, 61 days to sellNDec: 14 new listings a month, 29% sold over asking, 62 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and hotter than Iowa

Marshalltown now2017–192021 peakIA now
Sold over askingShare of sales that closed above the list price31%24%42%22%
Gone within two weeksShare of homes under contract within 14 days47%1%1%36%
Listings with a price cutShare of homes for sale that cut their price32%—1%27%
Price paid vs. askingAverage sale price ÷ list price97.1%96.1%98%97.7%
Days to sellMedian days from listing to contract24705445
Supply

52 homes for sale on a typical day

That’s 1.5 times the 2023 low (35), 52% fewer than in 2017–19 and well under 2015’s 175.

2015: 175 for sale’152016: 141 for sale2017: 118 for sale2018: 107 for sale’182019: 100 for sale2020: 98 for sale2021: 71 for sale’212022: 67 for sale2023: 35 for sale2024: 46 for sale’242025: 63 for saleLast 12 months: 52 for saleNow
Room to negotiate

1 in 3 listings has cut its price

32% in the last year, against — in 2017–19 and 27% across Iowa.

2021: 1%’212022: 14%2023: 31%2024: 29%’242025: 30%Last 12 months: 32%Now
Prices by type

Houses and condos, year by year

A house typically sold for $159K in the last year (315 sales), a condo for $202K (11).

$75K$150K$225K$300K2013201520172019202120232025NowHouses 2013: $31K, 4 salesHouses 2014: $83K, 164 salesHouses 2015: $87K, 343 salesHouses 2016: $103K, 399 salesHouses 2017: $103K, 403 salesHouses 2018: $111K, 358 salesHouses 2019: $116K, 350 salesHouses 2020: $125K, 384 salesHouses 2021: $127K, 366 salesHouses 2022: $141K, 345 salesHouses 2023: $152K, 294 salesHouses 2024: $167K, 271 salesHouses 2025: $161K, 326 salesHouses last 12 months: $159K, 315 salesHouses $159KCondos 2017: $128K, 4 salesCondos 2022: $230K, 5 salesCondos 2024: $189K, 4 salesCondos 2025: $164K, 15 salesCondos last 12 months: $202K, 11 salesCondos $202K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Iowa

Marshalltown ranks 7th of 64 busy Iowa markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Marshalltown is one of the state’s hottest markets.

Source: Redfin Data Center, city market tracker, January 2015 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Marshalltown home costs about $1,047 a month

Mortgage
Property tax
Insurance
Rent

Price: Marshalltown’s typical sale, last 12 months. Property tax at Marshalltown’s 1.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Marshalltown is affordable on local pay is on Cost of living.

Before you buy in Marshalltown

Six things worth knowing

40

New listings in July

The month with the most choice. December has the fewest, about 14.

Best time to buy
1.7%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $158K home, about $2,660 a year.

Taxes vs. neighbors
D

Schools

The schools grade for Marshalltown, from test results, graduation and how much students grow.

Schools in Marshalltown
17 min

Typical commute

The average one-way trip to work for people who live in Marshalltown.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Grundy Center sells for less a square foot; Newton for far more

The busier markets within 25 miles of Marshalltown, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Marshalltown330$158K$12131%24
Newton253$192K$16623%48
Grundy Center32$188K$11334%63
State Center27$204K$14819%38
Conrad21$190K$12610%63

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Marshalltown, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Marshalltown. People who follow the town see it, and so do people comparing Marshalltown with their own town. No commission, no listing fee.

Questions about buying a home in Marshalltown

What do homes sell for in Marshalltown, IA?

330 homes sold in the year to May 2026 at a typical $158K, $121 a square foot. Houses sold for about $159K, condos for about $202K.

Is Marshalltown a buyer’s or seller’s market?

A seller’s market: 26 homes were for sale in May 2026 and 20 sold, about 1.3 months of supply. Buyers paid 97.1% of asking on average, and 32% of listings cut their price.

When is the best time to buy in Marshalltown?

July brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Marshalltown?

About 1.7% of a home’s value a year. On a $158K home that’s near $2,660.

Where can I see homes for sale in Marshalltown?

Zillow, Redfin, Realtor.com and Homes.com all carry Marshalltown’s MLS listings; the search links above open each one filtered to Marshalltown.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).