Marseilles, IL Home Values & Market Trends

Real estate market trends reflect that there have been 151 transactions over the past year in Marseilles. The median value for residential home transactions that occurred over the previous year is $172,684.62. The number of current listings in Marseilles is 6, and the percentage of properties for sale in the city is 6.00%. Marseilles, IL currently has 14 properties in foreclosure, 1 bank owned properties, 3 properties headed for auction, and 6 properties for sale.

Marseilles, IL Real Estate Market Overview

ZipMedian Est. Value
61341

$ 320,112

$ 153/sqft

Housing Market Summary for Marseilles, IL

Mar 2023February 2024Change
Median Listing Price$307K$141.2K-54.00%
Median Sold Price$176K$141.2K-19.76%
Homes For Sale4650.00%
Homes Sold8480-4.76%
Price
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Homes For Sale
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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%.

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Browse Homes in Marseilles, IL

Marseilles home values range from $20,042 to $2,715,685. The median estimated value of a home in Marseilles is $172,684.62. The median list price of a home is 232,450, and the total count of properties in the city is 2,757.

Foreclosure
There is 1 zips within Marseilles, IL; within this zips, the median estimated home value for homes in foreclosure ranges from $485,766 in 61341 to the lowest value of $58,353 in 61341. Foreclosure homes account for 0.00% of properties in Marseilles, IL with 61341 containing 14 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.36% of all residential properties in Marseilles, IL with 61341 containing 10 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Marseilles, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $485,766 in 61341 to the lowest home value of $168,241 in 61341.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Marseilles, IL ranges from the highest value of $197,272 in 61341 to the lowest value of $197,272 in 61341. Bank owned homes and properties account for 0.04% of properties in Marseilles, IL. There is 1 zips within Marseilles, IL; 61341 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    61341 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Marseilles, IL. Auction homes and other auction properties account for 0.11% of all properties in Marseilles, IL. There is 1 zips within Marseilles, IL; of that zips, the median estimated home value for homes going to auction ranges from $78,578 in 61341 to the lowest value of $58,353 in 61341.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.22% of residential properties in Marseilles, IL with 61341 containing 6 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Marseilles, IL; homes for sale in that zips, have a range of median values from $710,151 in 61341 to the lowest value of $119,292 in 61341.
    Sold Homes
    The median value for recently sold homes ranges from $571,272 in 61341 to the lowest price of $20,120 in 61341. There is 1 zips within Marseilles, IL. 61341 has 69 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.50% of properties in Marseilles, IL.

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      Guide for Marseilles, IL

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      Recently Listed Homes Marseilles, IL

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