Is Marshall, MO 65340 a buyer’s or seller’s market?
Marshall is a seller’s market. With about 3.9 months of supply and 2% 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 22% of U.S. ZIP codes, and #222 of 263 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, 2% of homes in Marshall, MO 65340 sold above their list price, the typical home went under contract in 32 days and there were 3.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 48 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (2% then), homes sold about as fast and the median sale price held steady to $164,929. Overall, Marshall is about as competitive as it was a year ago.
Within Saline County, homes here sell faster than in 75% of the county’s ZIP codes, and sell more often over asking than in 75%. On our competition score, Marshall ranks #222 of 263 MO ZIP codes with enough sales (score 27 out of 100).
Nearby, buyers who want less competition could look at Sweet Springs 65351 (0% sold over asking) or Slater 65349 (0% sold over asking), while Blackburn 65321 (50% sold over asking) is even more competitive.
Run the numbers for 65340
Nearby markets
Arrow Rock 65320Seller’s market $192 /sq ftBlackburn 65321Seller’s market $165 /sq ftGilliam 65330 — /sq ftMalta Bend 65339 — /sq ft Browse all markets →Towns like Marshall nearby
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Questions about Marshall real estate
Is Marshall a buyer’s or seller’s market?
A seller’s market: there were 3.9 months of supply in Marshall, MO 65340 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 32 days in the latest three months.
Do homes in Marshall sell over asking?
2% of homes sold above their original list price, and the typical sale closed at 96.9% of the list price.
What are property taxes in Marshall?
About 0.78% of a home’s value a year in Saline County, or roughly $3,120 on a $400,000 home.
What is the median home price in Marshall?
The median sale price was $164,929 in the three months ending August 31, 2026, about $129 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