Is Marshall County, MN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Marshall County is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Marshall County has remained a Buyer's Market.

Key Takeaway

Marshall County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Marshall County, MN

How much do homes in Marshall County, MN cost?

Median Sold Price

$187,000

$138/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$69,000(-27.0%)

Key Takeaway

Homes in Marshall County have sold for 27% less than they did a month ago.

Summary: The median home sold price in Marshall County was $187,000 in November 2024, down 27% from last month, and the median price per square foot was $138.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $185.5K$187K
+0.8%
4 --
N/A
5+ $335K-
N/A

Summary: Marshall County housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 0.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Kittson County
-7.4%
Marshall County
-27.0%

Housing Supply in Marshall County, MN

How many homes are available in Marshall County, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
22220.0%

Summary: The Marshall County real estate market had 22 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 33
0.0%
2 11
0.0%
3 1010
0.0%
4 67
+16.7%
5+ 21
-50.0%

Summary: The Marshall County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Marshall County, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Marshall County in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Marshall County, MN

How long does it take to sell a home in Marshall County, MN?

Average Sale Time

Oct 2024Nov 2024CHANGE
59 Days14 Days-76.3%

Summary: Homes in Marshall County had an average of 14 days on market in Nov 2024, down by 76.3% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Marshall County are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in Marshall County; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

Newest Listings in Marshall County, MN

Nearby Markets to Marshall County, MN

What housing markets are near Marshall County, MN?