Cheap Homes in Marshall, MN

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Foreclosure Homes in Marshall, MN

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Marshall, MN area at Get information on foreclosure homes for rent, how to buy foreclosures in Marshall, MN and much more. Save thousands at closing with home foreclosure listings in Marshall, MN — up to 75% off market value!

Top Reasons To Live In Marshall, MN In 2023

Marshall is located in Lyon, Minnesota, with an estimated municipal population of 13,487 residents. All of the best foreclosed homes for sale in Marshall are located in the following zip code areas on 56258. The estimated population per square kilometer (.62 miles) in Marshall is 509.

Cost Of Living In Marshall, MN

So, about how much do homes cost in Marshall? The most recent median value of resident-owned homes in Marshall is 154,010. An estimated 54.2 percent of households in Marshall own their homes, with an average family size of 3.06. The median household income in Marshall is 48,958, with22 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Marshall, the median commute time of resident workers (in minutes) is 11.5. And last, but certainly not least, are you looking for homes to rent in Marshall? If so, the average rent price paid by renters in Marshall is 684, according to recent statistics.

Diversity And Demographics In Marshall, Minnesota

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Marshall, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Marshall is 31.8, split between 49.3 percent male versus 50.7 female. The percentage of residents who report being married in Marshall is 46.6, with an average family size of 3.06.

The percentage of residents who report their race in Marshall is as follows:

White 79.8%
Black / African American 6.2%
Asian 6.1%
American Indian / Alaskan Native 0.4%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.2%
Other 5.3%

Looking for family-friendly neighborhoods in and/or near Marshall? Or maybe you are searching for 55+ active adult communities in and/or near Marshall?

The percentage of residents who report their age in Marshall is as follows:

Under 10 14.3%
Aged 10-19 15.5%
20s 17.7%
30s 12.9%
40s 9.7%
50s 11.6%
60s 8.6%
70s 5.1%
80+ 4.6%

Best Schools In Marshall, Minnesota

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Marshall with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Marshall.

Pros And Cons Of Living In Marshall, Minnesota

How do you know that living in -- or moving to -- Marshall is right where you need to be? Perhaps you grew up in Marshall or already live nearby; therefore, the decision to buy a home in Marshall is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Marshall for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Marshall:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Marshall.

Reasons To Move To Marshall, Minnesota, In 2023

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Marshall can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Marshall, meanwhile, can field multiple offers from more qualified buyers.

Cheap Homes in Marshall, MN


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