Marissa, IL Home Values & Market Trends
Real estate market trends reflect that there have been 42 transactions over the past year in Marissa. The median value for residential home transactions that occurred over the previous year is $111,790. The number of current listings in Marissa is 19, and the percentage of properties for sale in the city is 19.00%. Marissa, IL currently has 3 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 19 properties for sale.
Marissa, IL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 62257 | $ 111,790 $ 106/sqft |
Housing Market Summary for Marissa, IL
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $115K | $99,000 | -13.91% |
| Median Sold Price | $80,647.5 | $117.7K | 45.91% |
| Homes For Sale | 19 | 20 | 5.26% |
| Homes Sold | 34 | 19 | -44.12% |
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 Marissa, IL
Browse Homes in Marissa, IL
Marissa home values range from $26,614 to $344,548. The median estimated value of a home in Marissa is $111,790. The median list price of a home is 99,000, and the total count of properties in the city is 44.
- Pre-ForeclosurePre-foreclosure homes account for 4.55% of all residential properties in Marissa, IL with 62257 containing 2 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Marissa, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $65,241 in 62257 to the lowest home value of $63,787 in 62257.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Marissa, IL ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Marissa, IL. There is 1 zips within Marissa, IL; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions62257 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Marissa, IL. Auction homes and other auction properties account for 2.27% of all properties in Marissa, IL. There is 1 zips within Marissa, IL; of that zips, the median estimated home value for homes going to auction ranges from $66,584 in 62257 to the lowest value of $66,584 in 62257.
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Guide for Marissa, IL
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
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