Marseilles, IL Home Values & Market Trends
Real estate market trends reflect that there have been 148 transactions over the past year in Marseilles. The median value for residential home transactions that occurred over the previous year is $173,571.35. The number of current listings in Marseilles is 8, and the percentage of properties for sale in the city is 8.00%. Marseilles, IL currently has 13 properties in foreclosure, 1 bank owned properties, 2 properties headed for auction, and 8 properties for sale.
Marseilles, IL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 61341 | $ 239,509 $ 153/sqft |
Housing Market Summary for Marseilles, IL
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $260K | $139.5K | -46.36% |
| Median Sold Price | $173.3K | $139.5K | -19.54% |
| Homes For Sale | 5 | 6 | 20.00% |
| Homes Sold | 87 | 68 | -21.84% |
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 $20,158 to $2,705,618. The median estimated value of a home in Marseilles is $173,571.35. The median list price of a home is 206,500, 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 $458,606 in 61341 to the lowest home value of $167,055 in 61341.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Marseilles, IL ranges from the highest value of $195,291 in 61341 to the lowest value of $195,291 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 2 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 0.07% 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 $78,367 in 61341 to the lowest value of $59,559 in 61341.
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