56258, Marshall, MN

The 56258 zip code of Marshall, MN has a population of around 10,000 people. The median household income in this zip code is $60,000 which is significantly higher than the national median household income of $53,046. The median home value in this zip code is $224,500 which is also significantly higher than the national median home value of $177,500. This indicates that there are a lot of people in this zip code who are able to afford to buy homes and that the homes in this zip code are worth a lot.

One reason why the homes in this zip code are worth so much is because there are a lot of people who own them. According to Zillow, as of March 2019 there were 906 single family homes and condos for sale in the 56258 zip code. This means that there are a lot of people who want to buy homes in this area and that the demand for housing is high. Additionally, according to Trulia as of March 2019 there were 751 listings available for sale in the 56258 zip code which indicates that there are still a lot of houses available for purchase. This means that if you want to buy a house in this area you will likely be able to find one soon.

Another reason why the homes in this area are worth so much is because they have been relatively stable prices over time. According to Zillow as of March 2019 the average price per square foot for single family homes and condos was $165 which was relatively stable from 2018-2019 but slightly higher than 2017-2018 and 2016-2017. This indicates that although housing prices may be rising overall they have not increased too much recently which helps keep prices stable for homeowners and buyers alike.