Marshall, North Carolina.
Typical home $373,140 (+0.6% in a year). Asheville, NC metro.
to buy the typical home at today's mortgage rate — +$1,079 (+123%) since Jan 2020.
- 1 year
- Up $2,082 +1%
- $371,058$373,140 since Sep 2025
- 5 years
- Up $61,992 +20%
- $311,148$373,140 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Marshall$1,959
- North Carolina$1,743
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 19 years.
Typical home values in Marshall, NC rose 0.6% over the past year — slower than the nation's +1.2%.
Living in Marshall, Madison County, North Carolina
Marshall is a town of 777 people in Madison County. Unemployment in Madison County was 3.3% in August 2026, and the county had 1.0% more jobs in 2025 than the year before. The most people in Madison County work in schools and health care, then shops.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Marshall is a very small town in Madison County in the mountains of western North Carolina. Winters are cold, with a good deal of snow, and summers are warm without being extreme. Typical home values run well above what the county's household incomes would suggest, which is worth knowing for anyone weighing a move or a sale.
Work. Many residents work in schools, hospitals and social care, in shops, in the building trades, and in professional and business services. Among the larger workplaces in Marshall are FedUp Foods, a nonalcoholic brewery, and the HOT Springs Health Program, a family physicians' practice. Jobs across Madison County have grown slightly over the past year, and unemployment in the county has eased compared with a year earlier.
Things to do. The Asheville-Weaverville Speedway, a race track, is a short drive away. A longer drive brings you to the Catawba River and Cherokee National Forest, a protected area of woods and trails. Mitchell Falls is also a longer drive, for those who like to see a waterfall.
Report a mistake
- 25 mintypical commute
- 13%work from home
What people in Madison County work in
Employed residents by industry, from the Census survey. Madison County had 4,351 jobs in 2025, 1.0% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 46° and lows near 24°; warmest in July, with highs near 85° and lows near 61°. About 26 inches of snow and 42 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Marshall weather station, under a mile away (NOAA).
Largest workplaces in Marshall
- FedUp FoodsNonalcoholic beer brewing260
- HOT Springs Health ProgramFamily physicians' offices135
- MarshallMail and parcel delivery20
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 3 workplaces with 20 or more staff, 415 people in all. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- LightningVery high
- LandslidesRelatively high
- Ice stormsRelatively high
- Inland floodingRelatively high
- Cold wavesRelatively high
- Strong windRelatively high
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Marshall’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Madison County and the Asheville, NC metro.
Marshall home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Marshall$373,140
- North Carolina$332,159
- United States$366,157
Sellers are cutting prices on about 1 in 4 Marshall listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Marshall22.28%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Marshall56
New listings per month
Sellers arriving at the market.
- Marshall10
Zip codes with a Marshall address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Marshall — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.