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Marshall, MN Real Estate


According to census data in the year 2000 there were 5,188 housing units in Marshall. This represents a 10.6% growth from 4,692 in 1990.

Of those housing units, 5,125 were located in either urbanized areas or urban clusters, and 63 were located in what is classified as a rural area.

Homeownership rate in Marshall is about 56.7%. Marshall's vacancy rate, including seasonal lodging, is about 5.2%. Average household size is 2.39 people.

The majority of houses, apartments or condos in Marshall were built after 1971.

Statistics

Housing Size

Housing Units by Size
Studio Type1.50%
One Bedroom16.80%
Two Bedrooms31.90%
Three Bedrooms29.80%
Four Bedrooms17%
Five Bedrooms or more3.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.68
Median year structure was built1965
Median Value of occupied units$92,700
Median Price asked for vacant units$50,000

Rented Homes, Apartments and Condos

Average Household Size2
Median year structure was built1977
Median Monthly Rent asked for vacant units$432

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage7%
Home Equity Loan10.10%
Simple Mortgage50%
Debt Free32.50%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs16.2%