The housing market in 56258 Marshall, MN has seen significant growth of the last year. The median value of homes in this area is $196,500, which is substantially lower than the US median home value of $338,100. However, it is higher than the national average for one-year house appreciation at 8.27%, with a whopping 13.39% rate of appreciation for the same period in 56258 Marshall, MN. This rapid increase in home values indicates that 56258 Marshall, MN is an ideal place for real estate investment and should be considered by those looking to purchase a home or invest in property.
The median home cost in Marshall (zip 56258) is $196,500. Home appreciation the last 10 years has been 60.2%. Home Appreciation in Marshall (zip 56258) is up 12.6%.
Average Age of Homes
- The median age of Marshall (zip 56258) real estate is 42 years old
The Rental Market in Marshall (zip 56258)
- Renters make up 37.6% of the Marshall (zip 56258) population
- 4.5% of houses and apartments in Marshall (zip 56258), 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.