Marshall Homes under $400,000

Welcome to Marshall, Minnesota – a vibrant city nestled in the heart of Lyon County, where small-town charm meets modern living. Known for its friendly atmosphere and rich history, Marshall offers a unique blend of community spirit and urban convenience. With a population of just over 13,000 residents, this welcoming city is an ideal place for families, young professionals, and retirees alike.

Marshall boasts a diverse range of amenities, including local shops, restaurants, and parks, making it easy for residents to enjoy an active lifestyle. The city is home to several educational institutions, including Southwest Minnesota State University, which contributes to the youthful energy and cultural vibrancy of the area. Outdoor enthusiasts will appreciate the nearby recreational opportunities, such as hiking, biking, and fishing in the beautiful landscapes that surround the city.

For those looking to settle down in Marshall, you'll be delighted to discover a variety of homes available for under $400,000. Whether you're searching for a cozy single-family home, a charming townhome, or a spacious property with room to grow, the housing market here offers something for everyone. With competitive prices and a range of styles, you can find a place that perfectly suits your lifestyle and budget.

Investing in a home in Marshall not only means becoming part of a close-knit community but also enjoying the benefits of a thriving local economy and a quality of life that is hard to beat. Come explore the possibilities and make Marshall your new home!

Newest Marshall Homes under $400,000

$170,000

3 Beds ⋅ 2 Baths ⋅ 7153374 MLS

Enjoy the space, charm, and outdoor living this 3-bedroom home has to offer! With just under 2,400 square feet, this property features three bedrooms on the main level, hardwood floors, and an updated kitchen. Two fireplaces in both living spaces add warmth, and character, while the partially finished basement provides additional living space and 3/4 bathroom in the basement with the potential of being converted into a traditional, finished bathroom. The home also includes an attached two-stall garage for added convenience. Outside, you'll find a large backyard surrounded by mature, shady trees, a wood deck, and a hard-sided pool- perfect for entertaining, relaxing, and enjoying the outdoors. With generous living space, a great yard, and plenty of potential, this home is ready for its next owner!

2861 269th Avenue, Marshall

Listing courtesy of Edina Realty, Inc..

$325,000

3 Beds ⋅ 3 Baths ⋅ 7157000 MLS

Welcome to 405 E. Marshall Street! This inviting home offers the ease of one-level living with nearly 1,900 square feet on the main level, featuring 3 bedrooms and 2.5 bathrooms. The main level has been renovated throughout, including an updated kitchen and bathrooms, new flooring, and fresh paint. Recent improvements include kitchen appliances and a furnace in 2024, a water heater in 2025, and fresh exterior paint and updated landscaping in 2025. The unfinished basement offers potential for additional living space, storage, or a hobby area. With thoughtful updates inside and out, this home is ready to welcome you.

405 E Marshall Street, Marshall

Listing courtesy of Wilson O'Brien REALTORS.

$319,900

4 Beds ⋅ 2 Baths ⋅ 7156372 MLS

Beautifully updated and well-maintained home with extensive remodeling done in 2021 on main floor including a new kitchen with cherry cabinetry, stainless steel appliances, vinyl plank flooring , full bath remodel including vanity and tub/shower installed, new woodwork and trim, windows, new lighting, exterior doors replaced along with patio and driveway and vinyl siding and exterior doors including new facia and soffits. More recent improvements include new carpeting in 3 bedrooms on main floor and new roof just replaced in September, The full basement adds even more space and features a rec room, a 4th bedroom and a remodeled bathroom with a new shower and flooring-perfect for guests, hobbies, a home office or additional living space. Fenced in yard including a backyard storage shed

1100 Columbine Drive, Marshall

Listing courtesy of Marshall Area Homes.

$289,000

2 Beds ⋅ 2 Baths ⋅ 7153497 MLS

Enjoy comfortable, low-maintenance living in this spacious 2 bedroom condo offering 1,690 sq. ft. of living space. The primary bedroom has an attached bathroom with a walk in closet. The generous layout offers plenty of room to relax and entertain, while the condo association takes care of the lawn and snow removal, making it easy to enjoy a carefree lifestyle. New water heater, new water softener, newer furnace and the garage floor was just redone. Whether you're looking to simplify, downsize, or simply enjoy the convenience of condo living, this well-located Marshall condo is ready to welcome you home!

1106 Devito Street Unit 6, Marshall

Listing courtesy of Marshall Area Homes.

$323,000

3 Beds ⋅ 2 Baths ⋅ 7148822 MLS

Ready for less maintenance without giving up the space you love? This hard-to-find 3-bedroom, 2-bath condo in the Village of On Golden Pond offers comfortable living, a 2-car attached garage, and a peaceful setting with beautiful pond views. Inside, you'll find spacious living & dining areas that flow into the kitchen, offering plenty of cabinet and counter space. The primary suite is thoughtfully separated from the additional bedrooms, providing added privacy, & features a large walk-in closet & recently remodeled ¾ bath with a zero-entry shower. Two additional bedrooms and a full bath offer flexibility for overnight guests, a home office, hobbies, or whatever suits your lifestyle. One of the highlights of the home is the inviting family room, where large windows provide wonderful views of the pond & create a relaxing space to unwind. Step outside to the patio to enjoy your morning coffee, an evening outdoors, or simply take in the beautifully maintained flowers & peaceful surroundings. With the space you want, the convenience of condo living, & a setting you'll love coming home to, this one is worth a look. Take a look, this could be your next home sweet home!

1112 Travis Road, Marshall

Listing courtesy of Edina Realty, Inc..

$199,900

3 Beds ⋅ 2 Baths ⋅ 7150766 MLS

Welcome home to this three-bedroom, two-bathroom property located just a block away from Freedom Park. You will appreciate having three bedrooms all on one level with a full bathroom. The main floor features a living room, kitchen, and dining space with patio doors to the large backyard. The basement includes an additional bathroom and the family room. Outside, enjoy the fresh curb appeal, a fenced-in yard with a storage shed, plus an outdoor dog kennel on the backside of the garage for those furry friends of yours. Call today to set up your showing!

104 W Thomas Avenue, Marshall

Listing courtesy of Full Circle Realty Group.

$225,000

4 Beds ⋅ 2 Baths ⋅ 7145252 MLS

103 Fremont Street, Marshall

Listing courtesy of Edina Realty, Inc..

$205,000

3 Beds ⋅ 3 Baths ⋅ 7143623 MLS

Welcome to 207 E Lyon Street in Marshall! This well-maintained, one-owner home offers character, thoughtful custom features, and an abundance of storage throughout. From built-in cabinetry and convenient storage nooks to a personal Rolle-Bolle court in the backyard, this home offers features you won’t find everywhere. The main level features spacious living areas, including a comfortable living room, dining room, and functional galley kitchen. The primary bedroom and a ¾ bathroom with a large built-in storage cabinet complete the main level. Upstairs, you’ll find two generously sized bedrooms, each offering built-in cabinetry and storage, along with a convenient half bathroom and a hallway featuring additional storage. The lower level provides even more living space with a large family room, potential fourth bedroom, laundry room, and an additional ¾ bathroom. A dedicated storage room includes shelving for organization, as well as a chest freezer and second refrigerator. With spacious living areas, extensive built-in storage, and a unique backyard recreation feature, this home offers plenty of room to live, work, and entertain.

207 E Lyon Street, Marshall

Listing courtesy of Wilson O'Brien REALTORS.

$135,000

2 Beds ⋅ 1 Baths ⋅ 7139210 MLS

Charming 2-Bedroom Home on a Spacious Lot! Welcome home to this inviting 2-bedroom, 1-bathroom property offering comfortable living spaces and plenty of outdoor potential. Situated on a large lot, there’s room to garden, entertain, or simply enjoy the extra space. The property also features a detached garage providing parking and storage. A great opportunity for a first-time buyer, downsizer, or investor.

403 N 7th Street, Marshall

Listing courtesy of Full Circle Realty Group.

$250,000

4 Beds ⋅ 2 Baths ⋅ 7131364 MLS

Welcome to 807 Hackberry Drive, a well-designed 4 bedroom, 2 bathroom ranch offering comfortable living, plenty of space, and a great Marshall location near schools, parks, and the new aquatic center. With a functional layout across two finished levels, this home offers the flexibility and everyday convenience that makes ranch-style living so appealing. The main level features a bright, open-concept layout connecting the kitchen, dining, and living areas, creating an easy flow for everyday living and entertaining. The kitchen offers plenty of workspace and opens directly into the dining and living spaces, keeping everything connected. Three bedrooms and a full bathroom are conveniently located on the main floor. Downstairs, the finished basement significantly expands the usable living space with multiple areas that can easily accommodate a family room, recreation space, home office, workout area, or hobbies. The lower level also includes the fourth bedroom, a 3/4 bathroom, and great storage throughout, giving you plenty of room to keep everything organized while still enjoying the additional finished space. Outside, the large yard provides plenty of room to enjoy the property throughout the seasons. A beautiful deck and new patio create multiple outdoor spaces for grilling, entertaining, relaxing, or simply enjoying the backyard. The two-stall garage adds even more convenience and storage. With four bedrooms, two bathrooms, multiple living spaces, a spacious yard, and a convenient location near some of Marshall's everyday amenities, 807 Hackberry Drive offers a great combination of space, functionality, and simple, comfortable living.

807 Hackberry Drive, Marshall

Listing courtesy of Edina Realty, Inc..

$199,000

3 Beds ⋅ 2 Baths ⋅ 7126214 MLS

Step into the timeless character of this turn of the century home with thoughtfully updated features and modern living. The kitchen - the heart of the home has rich cherry cabinetry and stainless-steel appliances. Tall ceilings, original style wood floors, and thick baseboards add unique details to the home. All new windows provide for energy efficiency. Outside, enjoy evenings around the firepit along the redwood river. An attached annex provides a versatile bonus room - perfect for a craft room, playroom, home office or hobby space. Agent is related to seller

409 N 4th Street, Marshall

Listing courtesy of Full Circle Realty Group.

$129,900

4 Beds ⋅ 2 Baths ⋅ 7122549 MLS

Conveniently located near the city's new public pool, this 4-bedroom, 2-bath home offers the convenience of main-level living with two bedrooms, a full bath, and main-floor laundry. The bright, south-facing living room fills with natural light, while the eat-in kitchen provides a comfortable space. Upstairs, you'll find two additional bedrooms, including one with its own private bathroom. Outside, the large concrete area between the home and detached two-car garage offers plenty of parking and outdoor space, with a grassy area that's ideal for a garden or play. Book your private showing today!

407 S 2nd Street, Marshall

Listing courtesy of Minnesota Lands and Homes Real Estate.

Start Your Search

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.