Marshall, MN
Full City Profile · Minnesota · Lyon County County
3.3
/5.0
B
Good
13,880
Population
1,342/sq mi density
$64,636
Median Income
$36,005 per capita
$198,900
Home Value
$234,696 Zillow
$742
Median Rent
28.5% income on rent
45°F
Avg Temperature
276 sunny days/yr
155
Violent Crime/100K
1,192 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$64,636 median income, 2.3% unemployment
A+
Affordability
5.0 / 5.0
$198,900 home value, $742/mo rent
F
Safety
1.0 / 5.0
155 violent crimes/100K
B
Education
3.5 / 5.0
31.1% bachelor's degree or higher
Housing Overview
Median Home Value
$198,900
29% below
US avg: $281,900
Median Rent
$742/mo
36% below
US avg: $1,163/mo
Homeownership Rate
59.4%
9% below US avg (65.4%)
Total Housing Units
6,074
Median year built: 1976
Home Value by Source
Census Median
$198,900
Zillow (ZHVI)
$234,696
Median Sale Price
$275,000
Median List Price
$217,500
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
59.4%
Owner-Occupied
40.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$671/mo
1 Bedroom
$742/mo
2 Bedroom
$973/mo
3 Bedroom
$1,182/mo
4 Bedroom
$1,632/mo
Census median rent:
$742/mo
Market Indicators (Redfin)
Median Days on Market
32 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
27.3%
of listings with price reduction
Price Per Sq Ft
$125
Active Inventory
11
homes for sale
Affordability & Housing Stock
Rent Burden
28.5%
of renters spending 30%+ of income on housing
8% below US avg (31.0%)
Median Year Built
1976
Average age of housing stock: 50 years
Homeownership Rate
59.4%
Complete Housing Data
Home Values
| Census Median Value | $198,900 |
| Zillow Home Value (ZHVI) | $234,696 |
| Median Sale Price | $275,000 |
| Median List Price | $217,500 |
| Price Per Sq Ft | $125 |
Rent
| Census Median Rent | $742 |
| FMR Studio | $671 |
| FMR 1-Bedroom | $742 |
| FMR 2-Bedroom | $973 |
| FMR 3-Bedroom | $1,182 |
| FMR 4-Bedroom | $1,632 |
Market
| Days on Market | 32 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 27.3% |
| Homes Sold | 4 |
| Active Inventory | 11 |
| Price Per Sq Ft | $125 |
Ownership & Stock
| Owner-Occupied | 59.4% |
| Renter-Occupied | 40.6% |
| Homeownership Rate | 59.4% |
| Total Housing Units | 6,074 |
| Median Year Built | 1976 |
| Rent Burden | 28.5% |
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