Marshall County, KS housing market
Data through Aug 2026 · Balanced market · leverage 77
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Home Value
$165,870
+7.6% vs. a year ago
Buyer Leverage Score
77
Sep 2026
Months of Supply
3.0 months
Jun 2026
Days on Market
72 days
Sep 2026
Price Cut %
18%
Sep 2026
Sale-to-List Ratio
96.9%
Mar 2026
Mtg Payment as % of Income
21%
Aug 2026
Overvalued %
38%
Aug 2026
Expected Disaster Loss
$127
Dec 2025
What this means
- Valuation. Prices are 38% above what local incomes have historically supported (this area's pre-2020 price-to-income ratio).
- Prices. Home values are up 7.6% over the past year (U.S.: +1.2%).
- Supply. There are 4% more homes for sale than the 2017-19 norm and rising (+13% vs. a year ago), so buyers have more to choose from than before the pandemic.
- Negotiating. Buyer leverage is high (77/100; U.S.: 54): homes sell for about 3.1% below their final list price (as of Mar 2026); 18% of listings had a price cut (U.S.: 26%).
- Affordability. A mortgage on the typical home takes 21% of the median household income (U.S.: 35%); it takes about $47k a year to keep the payment at 30% of gross pay. That includes about $1,930 a year for home insurance (U.S.: $1,790).
- Disaster risk. FEMA expects about $127 a year in natural-disaster damage per $100k of building value (U.S.: $155), mostly from flooding.
- Outlook. Leaning up: likely −5% to +11% over the next 12 months (76% chance of a rise).
Next 12 months
Leaning up
Prices are more likely to rise than fall over the next year. Likely change: −5.1% to +11.3% (80% range; middle estimate +4.4%), chance of a rise 76%, of a 5%+ drop 10%.
HouseVane's model, refit every month on local market signals and national ones, trained only on data known at the time. How accurate it has been.
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ZIP codes in Marshall County, KS
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Marysville, KS 66508 | $162.2K | +5.2% | 49 |
| Frankfort, KS 66427 | $186.1K | +10.7% | 16 |
| Blue Rapids, KS 66411 | $116.3K | +3.7% | 49 |
| Waterville, KS 66548 | $157.5K | +8.1% | 20 |
| Axtell, KS 66403 | $243.9K | +6.5% | 61 |
| Bremen, KS 66412 | – | – | – |
| Beattie, KS 66406 | $172.4K | +15.0% | – |
| Vermillion, KS 66544 | $191.7K | +13.0% | – |
| Summerfield, KS 66541 | – | – | – |
| Oketo, KS 66518 | – | – | 4 |
| Home, KS 66438 | – | – | – |