Marshall Real Estate
68 active listings · 200 sold in the past 12mo
$300,000
Median List Price
200
Sold (past 12mo)
68
Avg Days on Market
+7.9%
HFGⓘ
Household Formation Gap (HFG) is a secondary market indicator that measures hidden housing demand created by shrinking household sizes. As average household size decreases — due to divorce, single living, empty nesting, delayed marriage — more housing units are needed even without population growth. HFG compares the estimated number of households needed today versus 15 years ago: (population ÷ avg household size). This is a demographic trend signal, not a primary market indicator like income-based affordability or comparative market analysis. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2009–2023), Tables B01003, B25010, B25001.
Your Marshall Realtor
Alexander Munro
Broker of Record · MI License #6502405404
Direct-to-broker representation for buyers and sellers in Marshall and across Southeast Michigan. No team handoffs, no junk fees, full media included on every listing. Research-first approach grounded in MLS, public records, and on-the-ground knowledge of the local market.
Active Listings
Loading map…
Market Dashboard
Homes for Sale(68)
View all with filters →
For Sale
1/48
$2,650,000
16385/16475 17 1/2 Mile Road, Marshall, MI 49068
9 bd7 ba15,800 sqft35 ac
Single Family
For Sale
1/31
$2,265,000
16385 17 1/2 Mile Road, Marshall, MI 49068
9 bd7 ba15,800 sqft27.50 ac
Single Family
For Sale
1/95
$1,299,900
410 N Eagle Street, Marshall, MI 49068
7 bd8 ba6,995 sqft12 ac
Single Family
For Sale
1/91
$799,000
17490 G Drive N, Marshall, MI 49068
4 bd4 ba3,893 sqft3.60 ac
Single Family
For Sale
1/48
$774,900
17830 Victors Lane, Marshall, MI 49068
6 bd4 ba6,280 sqft2.08 ac
Single Family
For Sale
1/119
$724,900
19501 B Drive S, Marshall, MI 49068
3 bd3 ba2,889 sqft14.55 ac
Single Family
For Sale
1/50
$699,900
508 Orchard Road, Marshall, MI 49068
4 bd5 ba4,500 sqft0.60 ac
Single Family
Under Contract
1/48
$617,000
15660 Kesselwood Trail, Marshall, MI 49068
4 bd4 ba3,839 sqft1.03 ac
Single Family
For Sale
1/37
$610,000
208 W Prospect Street, Marshall, MI 49068
6 bd5 ba3,620 sqft0.45 ac
Single Family
For Sale
1/37
$585,000
227 E Michigan Avenue, Marshall, MI 49068
2 bd3 ba3,701 sqft0.07 ac
Single Family
For Sale
1/51
$559,900
15632 Katherine Trail, Marshall, MI 49068
4 bd4 ba3,469 sqft1.55 ac
Single Family
For Sale
1/55
$549,000
8391 OLD US 27 S, Marshall, MI 49068
4 bd4 ba4,892 sqft9.18 ac
Single Family
For Sale
1/47
$489,900
757 N Kalamazoo Avenue, Marshall, MI 49068
3 bd3 ba4,085 sqft1.68 ac
Single Family
For Sale
1/42
$419,500
212 Chauncey Court, Marshall, MI 49068
3 bd4 ba3,044 sqft
Condo
For Sale
1/40
$400,000
18928 E Michigan Avenue, Marshall, MI 49068
5 bd3 ba3,877 sqft2.03 ac
Single Family
For Sale
1/35
$395,000
139 Eastman Court, Marshall, MI 49068
3 bd3 ba2,373 sqft0.05 ac
Condo
For Sale
1/36
$395,000
15745 15 Mile Road, Marshall, MI 49068
3 bd3 ba2,302 sqft2 ac
Single Family
For Sale
1/36
$394,900
320 N Division Street, Marshall, MI 49068
3 bd2 ba2,591 sqft0.40 ac
Single Family
For Sale
1/46
$380,000
7120 15 1/2 Mile Road, Marshall, MI 49068
3 bd2 ba1,512 sqft4.57 ac
Single Family
For Sale
1/75
$360,000
289 Lyon Lake Road, Marshall, MI 49068
2 bd2 ba1,392 sqft0.29 ac
Single Family
For Sale
1/43
$359,500
128 Chauncey Court, Marshall, MI 49068
4 bd3 ba2,263 sqft0.04 ac
Condo
For Sale
1/27
$350,000
14369 A Drive S, Marshall, MI 49068
3 bd2 ba1,956 sqft2.80 ac
Single Family
For Sale
1/33
$344,900
146 Squaw Creek Road, Marshall, MI 49068
4 bd3 ba3,584 sqft0.95 ac
Single Family
For Sale
1/47
$339,900
17785 N Drive N, Marshall, MI 49068
4 bd2 ba1,568 sqft2 ac
Single Family
Recently Sold(200)
Frequently Asked Questions about Marshall
Are there homes available in Marshall right now?
Buyers in Marshall can choose from 68 active listings. The median asking price is $300,000.
How much do homes cost in Marshall?
Based on 200 sales in the past year, homes in Marshall have a median price of $300,000.
How long do homes stay on the market in Marshall?
Over the past year, homes in Marshall spent an average of 68 days on market before selling.
What schools are in Marshall?
Marshall is served by one or more public school districts. In Michigan, school district boundaries do not always align with city limits, so different parts of Marshall may be zoned for different districts. Check individual listings for the specific school district assignment.
What are market conditions like in Marshall?
With 4.1 months of inventory, Marshall is currently a balanced market. This is based on 68 active listings and 200 sales in the past 12 months.
What are property taxes like in Marshall?
Michigan property taxes in Marshall are calculated using the State Equalized Value (SEV) times the local millage rate. Rates vary by school district and municipality. Primary residences qualify for a homestead exemption that reduces the tax rate.
What does demographic data show about housing demand in Marshall?
Based on Census Bureau ACS 5-Year Estimates, the Household Formation Gap in Marshall is +7.9%. Shrinking household sizes (from 2.39 to 2.09 persons per household) have increased the number of households needing housing by 238 since 2009 — independent of the 5.6% population decline. This is a secondary demographic indicator, not a primary market measure.