City:

Marshall, MO

Marshall is a city in the state of missouri with a population of roughly 15,919. It is in Saline County, Missouri the Marshall, MO core-based statistical areas (CBSA), Its Zip codes include 65340 .

Marshall's Home Price Trends

Real estate in Marshall, Missouri is a booming industry. The city has seen an influx of new residents and businesses in recent years, which has led to an increase in real estate prices. There are a number of factors that have contributed to this trend, including the city's proximity to Kansas City and St. Louis, its strong economy, and its low crime rates.

Marshall is located in Johnson County just north of Kansas City. The city has seen steady growth over the past few years due to its strong economy and proximity to other major cities. According to the US Census Bureau, the population of Marshall grew by 10% between 2010 and 2014 alone. This growth has led to increased demand for housing and commercial space, which has driven up prices across the board.

The median home price in Marshall was $137,500 as of September 2016. This represents an increase of 36% over the past year alone. In comparison, the median home price in Johnson County as a whole was $130,000 during that same period. Prices for commercial space have also been increasing rapidly; according to CBRE Research Inc., the average asking price for office space in Marshall rose by 57% between 2013 and 2016.

There are a number of reasons why real estate prices have been rising so rapidly in Marshall over recent years. First and foremost is its proximity to other major cities; both Kansas City and St Louis are only about an hour away from Marshall by car or train respectively. Additionally, Marshall's strong economy continues to be buoyed by high levels of employment both within the city itself (particularly within healthcare) as well as throughout Johnson County overall (which includes several large corporate headquarters). Finally, crime rates remain relatively low compared with many other cities across America – making it a safe place for people and businesses alike

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