Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$237,533+7.1% YoY · prices are rising fast
Market right nowBalanced, leaning buyersMore homes for sale than last year, 0% have cut their price
Income needed to buy, per year$51,492About 0.7× the local median income ($74,964): affordable for a typical household
Days on market88 daysAbout the same pace as a year ago
The typical home in Marshall County, SD is worth $237,533, up 7.1% from a year ago. That is slightly below what local incomes have historically supported: fair value is about $256,526, so the area is 7.4% undervalued. It is a balanced market, leaning toward buyers: homes take about 88 days to sell, listings are up 50% from a year ago, 0% of listings have had a price cut. A household needs about $51,492 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $74,964. In the latest IRS figures, 42 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$237,533
Change in 1 year
+7.1%
Overvalued %
−7.4%
Show 6 more
Fair home value
$256,526
Change in 5 years
+8.7%
Home value to income
3.2×
Monthly mortgage payment (20% down)
$1,287
Income needed to afford it
$51,492
Property tax rate
0.87%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,014
Market activity
Listings vs a year ago
+50.0%
Days on market
88
Listings with a price cut
0.0%
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Homes for sale
15
Pending sales per 100 listings
13
Asking price per sq ft
$139
People and jobs
Median household income
$74,964
Population change (1 year)
−0.2%
Unemployment rate
0.3%
Show 4 more
Population
4,426
Income adjusted for cost of living
$86,464
Net moves in (IRS)
−42
Cost of living (US = 100)
86.7
Schools, risk and environment
School rating (1 to 10)
5.9
FEMA hazard risk score (0 to 100)
14.5
Flood risk score
10.4
Show 3 more
Wildfire risk score
76.6
Walkability (1 to 20)
5.9
Road, rail and air noise
52 dB
Questions people ask
Is Marshall County, SD overvalued?
Home prices in Marshall County, SD are slightly below what local incomes have historically supported: fair value is about $256,526, so the area is 7.4% undervalued.
Is Marshall County, SD a buyer's or seller's market?
Marshall County, SD is a balanced market, leaning toward buyers: homes take about 88 days to sell, listings are up 50% from a year ago, 0% of listings have had a price cut.
Are home prices going down in Marshall County, SD?
Home values in Marshall County, SD are up 7.1% over the last year.
How much do you need to earn to buy a home in Marshall County, SD?
A household needs about $51,492 a year to afford the typical home in Marshall County, SD at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $74,964.