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 Type | 1.50% |
| One Bedroom | 16.80% |
| Two Bedrooms | 31.90% |
| Three Bedrooms | 29.80% |
| Four Bedrooms | 17% |
| Five Bedrooms or more | 3.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.68 |
| Median year structure was built | 1965 |
| Median Value of occupied units | $92,700 |
| Median Price asked for vacant units | $50,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2 |
| Median year structure was built | 1977 |
| Median Monthly Rent asked for vacant units | $432 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 7% |
| Home Equity Loan | 10.10% |
| Simple Mortgage | 50% |
| Debt Free | 32.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.2% |
