Marshall, MN metro area Housing Market

Warm Market

Comprehensive housing market data for the Marshall, MN metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: January 2026

Median Sale Price

$190K

7.6% YoY

Days on Market

56 days

55.6% YoY

Active Inventory

27

15.6% YoY

Homes Sold

15

28.6% YoY

Warm Market

The market is active with moderate buyer demand.

Marshall, MN metro area Market Summary

The Marshall, MN metro area housing market is heating up. As of January 2026, the median home sale price is $190K, up 7.6% year-over-year. Homes are spending a median of 56 days on the market, 55.6% longer than a year ago.

There are 27 homes for sale — 15.6% fewer than last year. With 1.8 months of supply, this is a seller's market. 7 new listings were added during this period, down 53.3% year-over-year.

Homes are selling for 98.5% of their list price on average, suggesting room for negotiation. 20.0% of homes sell above their asking price. 29.6% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

60

Contributing Factors

Months of Supply 1.8
Days on Market 56
Price Drops 29.6%
Sale-to-List Ratio 98.5%
Market Temperature Warm

How This Market Compares

vs. National Median

Median Price (National: $423K) 55.1%
Days on Market (National: 66) 15.2%
Inventory (National: 1,210,379) 100.0%

vs. Minnesota Median

Median Price (Minnesota: $344K) 44.7%
Days on Market (Minnesota: 58) 3.4%

Investor Takeaway

A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 55% below the national median, which could indicate stronger cash flow potential.

Marshall, MN metro area Market Trends

Median Sale Price

Median Days on Market

Active Inventory

Homes Sold

Price per Square Foot

Sale-to-List Ratio

New Listings

Listings with Price Drops

Detailed Market Metrics

Median List Price

$215K

Price per Sq Ft

$114

Sale-to-List Ratio

98.5%

Months of Supply

1.8

Sold Above List

20.0%

Price Drops

29.6%

New Listings

7

53.3% YoY

Pending Sales

7

Off Market in 2 Weeks

14.3%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.