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Downtown Marshall (Main Street)

MARSHALL, MN 56258

Real Estate Market Report  ·  Lyon County
Buyer's Market
September 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 56258

Downtown Marshall (Main Street)

Market Analysis

Data as of September 2026. Source: Realtor.com.

The MARSHALL, MN real estate market (56258) currently shows 33 active listings, with 11 pending sales. Homes are averaging 51 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 51 days on market compared to 36 days last year.

The median listing price has fallen 2.4% year-over-year, from $256,250 to $250,000.

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Market Context

Market Context

Population: 15,593  ·  Density: 31.1/mi²  ·  Median household income: $65,903

Typical home value: $198,434  ·  Homeownership: 61.9%

Market Overview

Active Listings
33
⇧ 22.2% vs 27 last year
Pending
11
33% pending ratio
Median Price
$250,000
⇩ 2.4% vs $256,250 last year
Average Price
$256,791
⇩ 6.1% vs $273,577 last year
Days on Market
51
⇧ 41.7% vs 36 days last year

Price Per Square Foot

Median $/sqft
$124
⇩ 7.5% vs $134/sqft last year
Median Home Size
1,830 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 33 this year vs 27 last year
  • Days on market: 51 now vs 36 last year

Median & Average Pricing

Year over Year
  • Median: $250,000 (-2.4% YoY)
  • Average: $256,791 (-6.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 28.1 miles — 46 listings ($13,418,213 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56258Marshall, MN 562580.0 mi17$4,579,528$214,975$269,384
56157Lynd, MN 561579.8 mi1$1,285,000$1,285,000$1,285,000
56263Milroy, MN 5626310.9 mi2$136,000$68,000$68,000
56264Minneota, MN 5626414.3 mi2$124,500$62,250$62,250
56132Garvin, MN 5613216.5 mi5$3,256,125$790,000$651,225
56115Balaton, MN 5611517.1 mi4$1,280,000$325,000$320,000
56291Taunton, MN 5629119.7 mi1$370,000$370,000$370,000
56237Echo, MN 5623720.2 mi1$238,000$238,000$238,000
56223Clarkfield, MN 5622322.4 mi6$701,760$80,000$116,960
56280Porter, MN 5628024.0 mi1$122,500$122,500$122,500
56293Wabasso, MN 5629324.4 mi2$207,000$103,500$103,500
56123Currie, MN 5612325.9 mi2$279,800$139,900$139,900
56218Boyd, MN 5621828.1 mi2$838,000$419,000$419,000

Frequently Asked Questions

How many homes are for sale in MARSHALL, MN 56258?

As of September 2026, there are 33 active listings in MARSHALL, MN (zip code 56258), compared to 27 the prior year.

What is the median home price in MARSHALL, MN 56258?

The median listing price in MARSHALL, MN 56258 is $250,000 as of September 2026, a 2.4% decrease from $256,250 the prior year.

How long do homes stay on the market in MARSHALL, MN?

Homes in MARSHALL, MN 56258 spend an average of 51 days on the market before going under contract, compared to 36 days the prior year.

Is it a seller's or buyer's market in MARSHALL, MN 56258?

Based on current inventory and days-on-market data as of September 2026, MARSHALL, MN 56258 is currently a Buyer's Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 51 days on market compared to 36 days last year.

How much can I save on real estate commission in MARSHALL, MN?

With SELL123.com's maximum 3% commission, sellers in MARSHALL, MN 56258 save an estimated $5,000 compared to a typical 5% commission on the median listing price of $250,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.