Photo: Jon Platek · CC BY-SA 3.0119 homes sold in Marshall in the last year, at a typical $217K
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 Marshall homes are listed.
Every place Marshall homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Marshall.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 93% of Marshall’s sales, at a typical $225K
119 homes sold in the year to May 2026.
typical sale · 111 sold in 12 months
- Per square foot
- $118MN $191
- Days to sell
- 21
- Sold over asking
- 48%
- Listings with a price cut
- 19%
Multi-family (2–4 units): 6 sold, typical $134K
Townhouses: 1 sold, typical $165K
Condos: 1 sold, typical $204K
Too few sales in 12 months for reliable figures.
Fewer homes sell than before 2022, at 1.5 times the 2016 price
119 sales in the last year, against 186 in 2021 and a low of 124 in 2024. The typical sale went from $140K in 2016 to $217K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $200K buys in Marshall
Check a listing against what Marshall 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.
Bidding wars in Marshall are more common than before the pandemic, but 71% fewer homes come up for sale
We read every month of Marshall’s home sales since 2012 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, 119 sales.
If you’re buying in Marshall
- Shop in March. It brings about 17 new listings a month, close to the busiest month, with fewer bidding wars (13% over asking).
- You can negotiate. 20% of listings have cut their price, against 15% before the pandemic.
- Bid near asking. Buyers paid 100.8% of the list price on average; 47% paid over.
- Move fast on good ones. 61% of homes are under contract within two weeks.
Summer brings both the most homes and the most bidding wars
July has the most new listings (about 19 a month), but August is the most competitive: 32% of August sales close over asking. March offers nearly as much choice with fewer homes bid up (13%). February has the least competition (7%) but only about 11 new listings.
Averages for each calendar month, 2015 on.
Hotter than in 2021, and hotter than Minnesota
| Marshall now | 2017–19 | 2021 peak | MN now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 47% | 13% | 34% | 33% |
| Gone within two weeksShare of homes under contract within 14 days | 61% | 13% | 58% | 42% |
| Listings with a price cutShare of homes for sale that cut their price | 20% | 15% | 35% | 28% |
| Price paid vs. askingAverage sale price ÷ list price | 100.8% | 96.6% | 99.3% | 99.2% |
| Days to sellMedian days from listing to contract | 22 | 73 | 25 | 35 |
15 homes for sale on a typical day
That’s 71% fewer than in 2017–19 and well under 2012’s 88.
1 in 5 listings has cut its price
20% in the last year, against 15% in 2017–19 and 28% across Minnesota.
Marshall ranks 11th of 144 busy Minnesota markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Marshall is one of the state’s hottest markets.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Marshall home costs about $1,340 a month
Price: Marshall’s typical sale, last 12 months. Property tax at Marshall’s 1.2% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Marshall is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in July
The month with the most choice. December has the fewest, about 7.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $217K home, about $2,490 a year.
Taxes vs. neighborsSchools
The schools grade for Marshall, from test results, graduation and how much students grow.
Schools in MarshallTypical commute
The average one-way trip to work for people who live in Marshall.
Work & commuteCheck 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 hazardsLook 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.
Post your home to Marshall, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Marshall. People who follow the town see it, and so do people comparing Marshall with their own town. No commission, no listing fee.
Questions about buying a home in Marshall
What do homes sell for in Marshall, MN?
119 homes sold in the year to May 2026 at a typical $217K, $116 a square foot.
Is Marshall a buyer’s or seller’s market?
A seller’s market: 13 homes were for sale in May 2026 and 14 sold, about 0.9 months of supply. Buyers paid 100.8% of asking on average, and 20% of listings cut their price.
When is the best time to buy in Marshall?
July brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Marshall?
About 1.2% of a home’s value a year. On a $217K home that’s near $2,490.
Where can I see homes for sale in Marshall?
Zillow, Redfin, Realtor.com and Homes.com all carry Marshall’s MLS listings; the search links above open each one filtered to Marshall.
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).