Why Live in Marshalltown
Marshalltown, Iowa, is a small city with a population of approximately 27,500 residents, known for its strong community ties and industrial presence. The city hosts a significant Latino community, one of the largest veteran’s homes in the country, and the JBS pork packing plant, which employs thousands. Housing options in Marshalltown include early-1900s National Folk homes and bungalows in the town center, as well as ranch-style homes on the south side. The city has undergone significant rebuilding efforts following a tornado in 2018 and a derecho in 2020, with ongoing development of single-family homes and townhouses. Downtown Marshalltown features walkable shopping areas, including the Marshall County Courthouse, family-owned eateries, shops, and Mexican supermarkets. The 13th Street District offers commerce, public art, a bandshell, and a park. The Marshalltown Mall is set for upgrades through 2026, providing local shopping options alongside big-box stores like Hy-Vee, Aldi, and Walmart. Educational opportunities include dual language programs and partnerships with the National Hispanic Institute. Marshalltown Community College offers on-campus housing and dual enrollment classes. The city experiences hot, humid summers and cold winters, with snow plows deployed for snowfall over two inches. Recreational activities include 22 parks spanning over 200 acres, sports programs, and the Linn Creek Recreational Trail. Events such as Oktemberfest and community fundraisers support local causes, while the Marshalltown Public Library provides extensive community resources.
Home Trends in Marshalltown, IA
On average, homes in Marshalltown, IA sell after 41 days on the market compared to the national average of 51 days. The median sale price for homes in Marshalltown, IA over the last 12 months is $177,500, up 18% from the median home sale price over the previous 12 months.
Median Sale Price
$177,500
Median Single Family Sale Price
$180,000
Median 2 Bedroom Sale Price
$159,900
Median 1 Bedroom Sale Price
$53,000
Average Price Per Sq Ft
$132
Number of Homes for Sale
58
Last 12 months Home Sales
402
Median List Price
$180,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
18%