$1,128 Closing Credit*
$95,000
1,920 SqFt
4 Beds
•1 Full Bath
Listing Office: KW Inspire Realty Keller Williams (Grand Forks)
Is Marshall County, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Marshall County was a Seller'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
$150,000
$102/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$12,500(+9.1%)
Key Takeaway
Homes in Marshall County have sold for 9.1% more than they did a year ago.
Summary: The median home sold price in Marshall County was $150,000 in October 2024, up 9.1% from last year, and the median price per square foot was $102.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $49K | - | N/A |
| 2 Bedrooms | $101K | $82.5K | -18.3% |
| 3 Bedrooms | $151.5K | $150K | -1.0% |
| 4 Bedrooms | $291.5K | $192.5K | -34.0% |
| 5+ Bedrooms | $168K | $301.5K | +79.5% |
Summary: Marshall County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 18.3%, 3 bedroom homes decreased by 1%, 4 bedroom homes decreased by 34%, and 5+ bedroom homes increased by 79.5%.
Median Sold Price Compared To Nearby Counties
| Marshall County | $137.5K | $150K | +9.1% |
| Pennington County | $172.5K | $167.7K | -2.8% |
Housing Supply in Marshall County, MN
How many homes are available in Marshall County, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 22 | +22.2% |
Summary: The Marshall County real estate market had 22 homes for sale in October 2024, a 22.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 9 | 10 | +11.1% |
| 4 Bedrooms | 3 | 6 | +100.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Marshall County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 3 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Marshall County, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Marshall County in October 2024, up by 100.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% 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 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 98 Days | 59 Days | -40.0% |
Summary: Homes in Marshall County had an average of 59 days on market in Oct 2024, down by 40% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Marshall County has remained consistent over time.
Summary: During October 2024, 3 homes were sold in Marshall County; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
