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MARSHALL, MN 56258

Real Estate Market Report  ·  Lyon County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
16
⇩ 38.5% vs 26 last year
Pending
8
50% pending ratio
Median Price
$190,000
⇩ 15.6% vs $225,000 last year
Average Price
$258,845
⇧ 11.6% vs $231,956 last year
Days on Market
100
⇧ 9.9% vs 91 days last year

Market Context

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

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

Market Analysis

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

The MARSHALL, MN real estate market (56258) currently shows 16 active listings, with 8 pending sales. Homes are averaging 100 days on the market before going under contract.

Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 100 days on market compared to 91 days last year.

The median listing price has fallen 15.6% year-over-year, from $225,000 to $190,000.

Whether you are buying or selling in MARSHALL, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 16 this year vs 26 last year
  • Days on market: 100 now vs 91 last year

Median & Average Pricing

Year over Year
  • Median: $190,000 (-15.6% YoY)
  • Average: $258,845 (+11.6% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 28.1 miles — 47 listings ($13,292,280 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56258Marshall, MN 562580.0 mi16$4,141,520$190,000$258,845
56157Lynd, MN 561579.8 mi1$1,285,000$1,285,000$1,285,000
56263Milroy, MN 5626310.9 mi2$259,900$129,950$129,950
56264Minneota, MN 5626414.3 mi2$124,500$62,250$62,250
56132Garvin, MN 5613216.5 mi5$3,199,900$735,000$639,980
56115Balaton, MN 5611517.1 mi6$1,986,000$325,000$331,000
56113Arco, MN 5611319.4 mi1$14,900$14,900$14,900
56237Echo, MN 5623720.2 mi1$238,000$238,000$238,000
56223Clarkfield, MN 5622322.4 mi6$776,160$80,000$129,360
56280Porter, MN 5628024.0 mi1$122,500$122,500$122,500
56293Wabasso, MN 5629324.4 mi2$212,000$106,000$106,000
56123Currie, MN 5612325.9 mi1$139,900$139,900$139,900
56218Boyd, MN 5621828.1 mi3$792,000$264,000$264,000

Frequently Asked Questions

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

As of January 2026, there are 16 active listings in MARSHALL, MN (zip code 56258), compared to 26 the prior year.

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

The median listing price in MARSHALL, MN 56258 is $190,000 as of January 2026, a 15.6% decrease from $225,000 the prior year.

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

Homes in MARSHALL, MN 56258 spend an average of 100 days on the market before going under contract, compared to 91 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 January 2026, MARSHALL, MN 56258 is currently a Balanced Market. Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 100 days on market compared to 91 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 $3,800 compared to a typical 5% commission on the median listing price of $190,000. 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.