Marshall County, MN Average Home Price (2026)
The average home price in Marshall County, Minnesota is about $165,000 (the 2026 median across 9 ZIP codes, at ~$87/sq ft) — 44% more affordable than the Minnesota median and 43% more affordable than the typical U.S. home.
How Marshall County compares
Marshall County is relatively affordable for housing nationally: its typical home costs $165,000 against $297,000 for Minnesota and $289,000 for the U.S. Within the county, ZIP-level values run from about $106,000 to $279,000.
| Area | Typical value | $ / sq ft |
|---|---|---|
| Marshall County | $165,000 | $87 |
| Minnesota | $297,000 | $188 |
| United States | $289,000 | $193 |
Marshall County home prices by ZIP code
The 9 most valuable ZIP codes in Marshall County (of 9 with data):
| ZIP code | Typical value | $ / sq ft | vs county |
|---|---|---|---|
| 56724 Gatzke | $279,000 | $147 | +69% |
| 56738 Newfolden | $241,000 | $127 | +46% |
| 56760 Viking | $203,000 | $107 | +23% |
| 56744 Oslo | $174,000 | $96 | +5% |
| 56757 Stephen | $165,000 | $87 | +0% |
| 56710 Alvarado | $152,000 | $80 | -8% |
| 56713 Argyle | $131,000 | $69 | -21% |
| 56737 Middle River | $131,000 | $69 | -21% |
| 56758 Strandquist | $106,000 | $56 | -36% |
Home value appreciation in Marshall County
Home prices in Marshall County have risen about 51% over the last 10 years (≈4.2% a year) and +107.5% over 20 years, according to the FHFA house price index through 2025. The most recent year came in at +6.3% — still rising. A home worth $165,000 today was worth roughly $109,489 ten years ago.
See where that trend takes a specific home with the home appreciation calculator — statewide, Minnesota is +71.4% over the same 10 years. Past appreciation is a track record, not a forecast; local prices can fall.
Calculators for Marshall County
Run the numbers for Marshall County with the local rates already filled in — change any input to test your own situation.
Salary needed to buy a home in Marshall County
To buy the typical $165,000 home in Marshall County with 20% down, you need a household income of roughly $45,000 a year (about $1,050 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $53,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $8,300 | $1,300/mo | $56,000/yr |
| 10% (+PMI) | $16,500 | $1,240/mo | $53,000/yr |
| 20% | $33,000 | $1,050/mo | $45,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in Marshall County
At about $87 per square foot, here is roughly how much home different budgets get you in Marshall County:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $150k | 1720 sq ft | around the typical home here |
| $200k | 2300 sq ft | around the typical home here |
| $250k | 2870 sq ft | above the median — larger homes or the pricier ZIPs |
| $300k | 3450 sq ft | above the median — larger homes or the pricier ZIPs |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens filtered to Minnesota.
Estimate a specific home in Marshall County
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Marshall County home prices: frequently asked
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Browse all Minnesota cities and counties, or look up price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research; FHFA house price index; Census ZIP-to-county relationships), not appraisals.