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
Zip | Median Est. Value |
---|---|
61341 | $ 320,112 $ 153/sqft |
Housing Market Summary for Marseilles, IL
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $307K | $141.2K | -54.00% |
Median Sold Price | $176K | $141.2K | -19.76% |
Homes For Sale | 4 | 6 | 50.00% |
Homes Sold | 84 | 80 | -4.76% |
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 Marseilles, IL
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.
- Pre-ForeclosurePre-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 OwnedThe 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.
- Auctions61341 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.
Compare Nearby Cities
More Real Estate Resources for Marseilles, IL
Guide for Marseilles, IL
A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.
How to find the cities to invest in for 2024 and make informed decisions for your financial future.
Between March 2023 and February 2024 the Houston real estate market witnessed a moderate rise in property values with mild fluctuations in the average selling price per sq ft.
The Saint Louis real estate market has displayed resilience amidst fluctuations, with average home values rebounding and a consistent upward trend in average sale prices.