Marshall Metro Area, MN Housing

The housing market in Marshall, MN Metro Area is seeing an increase in value. The median value of a home in the area is $176,800, which is significantly lower than the US median value of $338,100. Despite this disparity, the area has seen a relatively consistent appreciation rate of 8.38% over the course of the last year. This mirrors the national average for house appreciation at 8.27%. With such consistent growth in property values, it's no wonder why so many people are investing in properties within Marshall and its surrounding metro area!

The median home cost in Marshall Metro Area is $176,800. Home appreciation the last 10 years has been 63.6%. Home Appreciation in Marshall Metro Area is up 13.1%.

Average Age of Homes

- The median age of Marshall Metro Area real estate is 46 years old

The Rental Market in Marshall Metro Area

- Renters make up 29.4% of the Marshall Metro Area population
- 2.9% of houses and apartments in Marshall Metro Area, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Marshall, Minnesota	United States
	11,138.0	139,647,020.0
	50	42
	$176,800	$338,100
	13.1%	16.6%
	44.4%	57.0%
	63.6%	101.1%
	$10.15	$10.98
	$1,627	$2,690
	60.3%	57.4%
	11.6%	11.2%
	28.1%	31.4%
Vacant Housing
	2.9%	1.9%
	0.0%	0.4%
	0.6%	0.7%
	1.6%	0.4%
	0.4%	3.6%
	6.0%	4.1%
Value of Owner-Occupied Housing
	2.9%	2.6%
	3.8%	2.4%
	4.6%	2.8%
	7.4%	3.9%
	7.4%	4.5%
	19.1%	11.3%
	19.0%	13.0%
	22.8%	20.1%
	7.7%	13.6%
	3.3%	8.3%
	1.2%	9.7%
	0.4%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	9.5%	13.6%
	9.5%	13.6%
	12.7%	13.6%
	10.8%	13.2%
	16.2%	14.8%
	12.7%	13.6%
	8.7%	10.0%
	6.6%	4.7%
	20.3%	12.2%

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