Marshall County, Kansas Housing Market Prices
Marshall County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 92% below the Kansas median Among the top 5 cheapest counties in Kansas$7,999
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Median rent 35% below the Kansas median Cheaper than 79% of counties in Kansas$689
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Marshall County | Kansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $7,999 | $104,644 | $248,835 |
| Price Trend (Annual %) | 22.3% | 4.4% | 7.5% |
| Median Gross Rent | $689 | $1,060 | $1,407 |
| Rent Trend (Annual %) | 3.6% | 4.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Marshall County is about 92% lower than in Kansas. Rent is about 35% lower than the Kansas average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Marshall County, up about 22.3% and 3.6% a year respectively. Home prices are changing faster.
Median rent in Marshall County rose about 26.9% between 2015 and 2024, from $543 to $689. Over the same span, rent in Kansas rose about 40.0%.
Affordability
On average, housing unit costs 0.1 yearly household incomes in Marshall County.
Buying the median-priced home in Marshall County costs roughly 1.0 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Marshall County. The price-to-rent ratio in Kansas is about 8.2.
| Metric | Marshall County | Kansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $7,999 | $104,644 | $248,835 |
| Median Household Income | $67,839 | $74,287 | $80,455 |
| Price-to-Income Ratio | 0.1 | 1.4 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Marshall County fell about 83.1%, while median household income rose about 45.3% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Marshall County | Kansas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 70.3% | 60.9% | 58.5% |
| Rental Rate | 17.6% | 29.8% | 31.2% |
| Vacancy Rate | 12.1% | 9.2% | 10.2% |
| Median Tenure (years) | 21.0 | 14.0 | 15.0 |
| Median Year Moved In | 2005 | 2012 | 2011 |
Marshall County has a homeownership rate of 70.3%, higher than the Kansas average of 60.9%. Its housing vacancy rate is 12.1%, compared with 9.2% in Kansas.
Housing Stock
| Metric | Marshall County | Kansas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.34 people | 2.44 people | 2.53 people |
| Median Structure Built Year | 1959 | 1975 | 1978 |
| Median Number of Rooms | 6.1 | 6.0 | 5.5 |
The typical housing unit in Marshall County was built around 1959. On average, 2.3 people live in a home with about 6.1 rooms, staying for about 21.0 years on average.
Marshall County, KS Housing Compared With Nearby Counties
How Marshall County, KS compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Marshall County, KS | 9,993 | $7,999 #3/3 | $689 #3/3 | 80.0% #1/3 |
| Gage County, NE | 21,629 | $313,235 | $774 | 73.5% |
| Riley County, KS | 71,946 | $256,250 | $1,046 | 46.1% |
Frequently Asked Questions
Common questions about the housing market in Marshall County, Kansas.
What is the median home price in Marshall County, Kansas?
The median home price in Marshall County, Kansas is $7,999, lower than the Kansas average of $104,644.
What is the average home price in Marshall County, Kansas?
The typical home price in Marshall County, Kansas, reported as the median sale price, is $7,999. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Marshall County, Kansas?
The median gross rent in Marshall County, Kansas is $689 per month, lower than the Kansas average of $1,060.
What was the median gross rent in Marshall County in 2020?
In 2020, the median gross rent in Marshall County, Kansas was $571 per month.
What is the price-to-rent ratio in Marshall County, Kansas?
The price-to-rent ratio in Marshall County, Kansas is about 1.0, meaning it would take roughly 1.0 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Marshall County.
Are home prices or rent rising faster in Marshall County, Kansas?
Both home prices and rent are rising in Marshall County, up about 22.3% and 3.6% a year respectively. Home prices are changing faster.
What is the homeownership rate in Marshall County, Kansas?
70.3% of households in Marshall County, Kansas own their home, higher than the Kansas average of 60.9%.
What is the vacancy rate in Marshall County, Kansas?
The housing vacancy rate in Marshall County, Kansas is 12.1%, higher than the Kansas average of 9.2%.
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