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Why Live in Marshall

Marshall, Minnesota, located 145 miles west of Minneapolis, is a small city with a population of approximately 14,000. Known as a regional center for employment, education, and healthcare in Southwest Minnesota, Marshall's largest employers include Schwan’s Company, U.S. Bank’s small-cap leasing division, agricultural processing facilities, and Avera health care system. The city features a variety of home styles, including colonial revivals and ranch-style homes, with a median home price around $225,000. The Marshall Public School District serves over 2,700 students with a high rating, and Southwest Minnesota State University offers more than 60 majors. Marshall boasts 13 parks and athletic complexes, a dog park, and an outdoor aquatic center, covering over 150 acres with amenities like walking trails, picnic shelters, playgrounds, and fishing ponds. The city is surrounded by nature preserves such as Rolling Hills Wildlife Management Area and Good Medicine Wildlife Management Area. Downtown Marshall offers local shops, pubs, and dining options, along with attractions like the Lyon County Museum and Marshall Area Fine Arts Council. The Red Baron Arena hosts numerous hockey tournaments, contributing to the city's vibrant community events. While the closest interstate is 50 miles away and the nearest major airport is 145 miles east in Minneapolis, Marshall has a small airfield for private and charter flights. Crime rates are lower than the national average, and the city enjoys better air quality than most other cities in the state. Summers are warm, but winters are cold and snowy, lasting nearly six months with around 20 inches of snow annually.

Home Trends in Marshall, MN

Housing Trends

Median Sale Price
$240,000
Median Single Family Sale Price
$288,000
Average Price Per Sq Ft
$188
Number of Homes for Sale
1
Last 12 months Home Sales
13
Months of Supply
0.90
Median List Price
$288,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
26%
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