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MN area data

Marshall, MN

Marshall, MN.

Population: 15,888 (Census ACS)

Home values & appreciation

Median home value
$246,708
1-year appreciation
+6.5%
3-year appreciation
+12.3%
5-year appreciation
+25.8%
10-year appreciation
+56.3%
All-time peak (2026-07)
$246,708
House Price Index
429.3 (+3.3% YoY)

Market activity

Median sale price
$130,500
Median list price
$154,000
Median days on market
27 days
Sale-to-list ratio
101.0%
1-year forecast
+2.2%
New listings (monthly)
18

Rents

Typical rent
$771/mo
1BR fair-market rent
$943/mo
3BR fair-market rent
$1,529/mo

Affordability

Cost of living index (Below Average)
90.0 (100 = US avg)
Electricity rate (state-level)
15.8¢/kWh
Natural gas rate (state-level)
$11.00/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
8
Elementary schools
2
Middle schools
1
High schools
4

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
winterWeather, coldWave, drought
FEMA flood zone
A05
Flood risk level
High

Climate (30-year normals)

Average annual temperature
48.0°F
Average high
57.0°F
Average low
39.0°F
Annual precipitation
31.9 in
Annual snowfall
43.3 in

Air quality

Air quality rating
Good
Median AQI (annual)
46
Days with Good air quality
206
Days with Unhealthy air quality
3

Walkability & transit

Walkability index
10.3 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
1
Nearest national park
Pipestone National Monument (41 mi)
Nearest airport
Southwest Minnesota Regional Airport - Marshall/Ryan Field (MML) (3 mi)
Nearest major airport
Redwood Falls Municipal Airport (RWF) (34 mi)
Hospitals nearby (~15 mi)
1
Solar radiation rating
Fair (3.9 kWh/m²/day)

Migration

Net migration
-119 tax filers

Housing stock

Median year housing built
1,976
Median annual property tax
$2,381
Mean commute to work
10 min
Households with broadband internet
78.9%

Employment & development

Total county employment
11,413
Average weekly wage
$995
Top industries (by employment)
Health Care, Finance & Insurance, Accommodation & Food
Annual residential building permits (county)
20

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents