Marion County, IL Home Values & Market Trends
The median home price in Marion County, IL is $94,111.57. There were 612 home sales in Marion County, IL over the past 12 months. The median residential Marion County, IL home value for transactions over the previous year is $70,733.5. The number of current listings in Marion County, IL is 53, and the percentage of properties for sale is 53.00%. The county has 25 foreclosures, 6 bank owned properties, 9 headed for auction, and 53 properties for sale.
Marion County, IL Real Estate Market Overview
Housing Market Summary for Marion County, IL
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $118K | $91,000 | -22.85% |
| Median Sold Price | $74,300 | $91,000 | 22.48% |
| Homes For Sale | 74 | 46 | -37.84% |
| Homes Sold | 378 | 309 | -18.25% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Marion County, IL
Browse Homes in Marion County, IL
Marion County, IL home values range from $8,001 to $1,658,803. Iuka is the priciest city with a median listing home price of $199,900, and Odin is most affordable with average house prices of around $7,000.
- Pre-ForeclosurePre-foreclosure homes account for 0.07% of all residential properties in Marion County, IL with Centralia containing 10 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 11 cities within Marion County, IL; of those cities, the estimated home value for pre-foreclosure homes ranges from $181,558 in Iuka to the lowest home value of $28,088 in Salem.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Marion County, IL ranges from the highest value of $183,550 in Salem to the lowest value of $59,849 in Centralia. Bank owned homes and properties account for 0.04% of properties in Marion County, IL. There are 11 cities within Marion County, IL; Centralia containing 5 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsCentralia has 6 auction properties, the highest number of properties going to auction in a single city in the state of Marion County, IL. Auction homes and other auction properties account for 0.07% of all properties in Marion County, IL. There are 11 cities within Marion County, IL; of those cities, the median estimated home value for homes going to auction ranges from $200,437 in Salem to the lowest value of $72,000 in Salem.
Compare Nearby Cities
More Real Estate Resources for Marion County, IL
Guide for Marion County, IL
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