Marshall County, Kansas Housing Market
In Marshall County, Kansas, the median home value is $127,700, with a median monthly rent of $690. This places Marshall County at #2511 nationally out of 3134 counties by median home value, and #49 within Kansas.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,053
- Establishments: 326
- BLS QCEW, 2025
Housing Supply
- Single-family: 5
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 4,321 (avg $75,841)
- Outflow: 4,091 (avg $72,308)
- IRS Statistics of Income
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| Metric | Marshall County | Kansas Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $127,700 | $138,824 | $227,706 |
| Median Gross Rent | $690 | $802 | $968 |
| Owner Occupancy Rate | 80.0% | 74.2% | 73.3% |
| Price/Rent Ratio | 15.4 | 14.2 | 18.7 |
Market Analysis
The median home value in Marshall County is 8.0% below the Kansas state average and 43.9% below the U.S. national average. The median rent of $690/month is 14.0% below the state average.
With a price-to-rent ratio of 15.4, the buy-vs-rent decision in Marshall County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Marshall County has an owner-occupancy rate of 80.0%, compared to 74.2% in Kansas and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Knox County | Nebraska | $127,700 | $647 |
| Hale County | Alabama | $127,600 | $715 |
| Panola County | Mississippi | $127,800 | $874 |
| Richmond County | North Carolina | $127,800 | $724 |
| Jefferson County | Ohio | $127,800 | $835 |
Other Counties in Kansas
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Lane County | $127,100 | $590 | 88.9% |
| Barton County | $126,400 | $761 | 65.2% |
| Stevens County | $129,300 | $927 | 74.5% |
| Cheyenne County | $125,900 | $656 | 77.9% |
| Morris County | $129,600 | $724 | 80.1% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).