Is Marshall, MI 49068 a buyer’s or seller’s market?
Marshall is a seller’s market. With about 2.6 months of supply and 21% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 56% of U.S. ZIP codes, and #327 of 510 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Marshall housing market right now
In the three months ending August 31, 2026, 21% of homes in Marshall, MI 49068 sold above their list price, the typical home went under contract in 22 days and there were 2.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 65 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 18%, homes sold about as fast and the median sale price rose 20% to $299,870. Overall, Marshall is about as competitive as it was a year ago.
Within Calhoun County, homes here sell more slowly than in 73% of the county’s ZIP codes, and sell less often over asking than in 64%. On our competition score, Marshall ranks #327 of 510 MI ZIP codes with enough sales (score 55 out of 100).
Nearby, buyers who want less competition could look at Ceresco 49033 (0% sold over asking) or Burlington 49029 (0% sold over asking), while East Leroy 49051 (60% sold over asking) and Tekonsha 49092 (50% sold over asking) are even more competitive.
Run the numbers for 49068
Nearby markets
Albion 49224Seller’s market $127 /sq ftAthens 49011Seller’s market $139 /sq ftBattle Creek 49014Seller’s market $166 /sq ftBattle Creek 49015Seller’s market $140 /sq ft Browse all markets →Towns like Marshall nearby
Find towns like Marshall in other states →Where Marshall is
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Questions about Marshall real estate
Is Marshall a buyer’s or seller’s market?
A seller’s market: there were 2.6 months of supply in Marshall, MI 49068 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Marshall?
The typical home went under contract in 22 days in the latest three months.
Do homes in Marshall sell over asking?
21% of homes sold above their original list price, and the typical sale closed at 98.0% of the list price.
What are property taxes in Marshall?
About 1.45% of a home’s value a year in Calhoun County, or roughly $5,800 on a $400,000 home.
What is the median home price in Marshall?
The median sale price was $299,870 in the three months ending August 31, 2026, about $170 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology