Marion, IL
Housing market overview · Updated weekly
$137,093median sale price
Homes sold
10
Last 12 weeks
Days on market
86
Average pace
Active listings
42
4.2 months supply
Sale-to-list
95.5%
Below asking
The Marion housing market is currently classified as a buyer's market with a median sale price of $137,093. Prices have fallen 13.0% compared to last year, with homes spending an average of 86 days on market, indicating 4.2 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Marion
There are currently 42 homes listed for sale in Marion, Il. The median listing price is $235K.
Active listings
42
Homes on market
Median list price
$235K
Avg. days on market
86
Days until sale
New this week
15
Newly listed
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Frequently asked questions
What is the average home price in Marion?
The median home sale price in Marion is $137,093, down 13.0% from last year.
How long do homes stay on market in Marion?
Homes typically spend 86 days on market before going under contract.
Is Marion a buyer's or seller's market?
With 4.2 months of supply, Marion is currently a buyer's market.
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