Market Intelligence Report — MN-140

Marshall, MN

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-MN-09
As of the latest 2026 data
Very Weak

Median Listing

$249K
+5.6% YoY

Pending Ratio

0.21
-47.6% YoY

Active Inventory

67
+60.2% YoY

Median DOM

70 Days
+34.4% YoY

Primary Intelligence Tool — Sold Score™

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The market in Marshall, MN is currently experiencing very weak conditions, evidenced by a pending ratio of 0.21. This substantial decline reflects a challenging absorption environment, with active listings increasing by 60.2% year-over-year. The median listing price has decreased by 8.4% month-over-month to $249,375.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Marshall market right now.

Active listings have expanded considerably, up 60.2% over the past year, while new listings remained stable year-over-year. The pending ratio has fallen significantly by 47.6% year-over-year, indicating a substantial slowdown in buyer demand relative to available inventory. Median days on market have extended by 34.4% year-over-year to 70 days, further underscoring the reduced pace of transactions. Concurrently, the median listing price saw a month-over-month decrease of 8.4%.

Chris Colgan
Chris Colgan
eXp Realty

“Local pricing and inventory dynamics across Marshall shift block by block — happy to walk through what's actually closing.”

Historical Analysis

Market Trends

Median Price

$249K-8.4% MoM

Active Inventory

67+60.2% YoY

Days on Market

70+34.4% YoY

Sold Score™

43-47.6% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

43
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The current market dynamics favor an environment where purchasers exhibit increased negotiating leverage due to elevated inventory levels and extended marketing periods. The notable expansion in active listings suggests reduced pressure on inventory, allowing for greater selection and more deliberate decision-making. Price reductions are more prevalent, indicating sellers are adjusting expectations in response to the slower pace of absorption.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

67 active listings represent the current floor, with new supply arriving at roughly 26 per month.

Pricing Pressure
16.5%

of active listings carry a price reduction, +6.2% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -4.5% year-over-year.

Absorption
0.21

Pending-to-active ratio — Very Weak.

Recommended For This Market

Very Weak

Selling in Marshall, MN? Homes here are taking 18 days longer to sell than last year.

Buyers have leverage in Marshall, MN. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
21%
Median Days on Market
70 days
Inventory YoY
+60%

In a buyer's market, strategy beats timing. See how your home scores in Marshall, MN and what moves the number.

See my Sold Score & selling strategy →

Talk to a listing expert who is actively selling in Marshall, MN.

Chris Colgan →

eXp Realty

How these recommendations are chosen →

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Metro Demographics

Metro Area
Marshall, MN
CBSA Code
32140
State
MN

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