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Featured local agent — Marissa, IL
Sarah Mitchell
Compass Real Estate · Marissa, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Marissa, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$150,000median sale price
How is the Marissa, IL housing market right now?
The median home sale price in Marissa, IL is $150,000, up 100.0% year-over-year. Homes sell in an average of 280 days with 9 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Marissa a buyer's or seller's market?
Marissa, IL is currently a buyer's market, based on 9.0 months of supply and homes selling in about 280 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
280
Average pace
Active listings
9
9.0 months supply
Sale-to-list
96.8%
Below asking
What does the Marissa housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $150,000 |
| Median list price | $102,000 |
| Year-over-year price change | +100.0% |
| Average days on market | 280 days |
| Active inventory | 9 listings |
| Months of supply | 9.0 months |
| Sale-to-list price ratio | 96.8% |
| Median price per sq ft | $108/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 2 |
| Listings with a price cut | 22.2% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Marissa by property type?
How the Marissa, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $150,000 | $108/sq ft | 1 | 280 days |
Source: Redfin · Updated monthly
The Marissa housing market is currently classified as a buyer's market with a median sale price of $150,000. Prices have risen 100.0% compared to last year, with homes spending an average of 280 days on market, indicating 9.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 2.5x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Marissa
There are currently 9 homes listed for sale in Marissa, Illinois. The median listing price is $102K.
Active listings
9
Homes on market
Median list price
$102K
Avg. days on market
280
Days until sale
New this week
2
Newly listed
Who lives in Marissa?
Population
1,133
Median income
$48,393/yr
Median age
46.7 years
Owner-occupied
72.6%
College grads
13.2%
Avg commute
27.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Marissa?
Zillow home value
$120,026
Price-to-income
2.5x
Source: Zillow Research
What is it like to live in Marissa?
Marissa is a community of approximately 1K residents with a median age of 46.7 years.The median household income is $48,393, which represents a working-class community with solid middle-income opportunities. 13.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 72.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 27.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Marissa offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Marissa?
2 schools tracked · 502 students
The largest public schools serving Marissa, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Marissa Elem School
Grades PK-6 · 253 students
Marissa Jr & Sr High School
Grades 7-12 · 249 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Marissa, IL?
Want a head-to-head view? Compare Marissa side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Marissa?
The median home sale price in Marissa is $150,000, up 100.0% from last year.
How long do homes stay on market in Marissa?
Homes typically spend 280 days on market before going under contract.
What is the median income in Marissa?
The median household income is $48,393 per year.
Is Marissa a buyer's or seller's market?
With 9.0 months of supply, Marissa is currently a buyer's market.
What is the Zillow home value estimate for Marissa?
The Zillow Home Value Index (ZHVI) for Marissa is $120,026, representing the typical home value in the area.
How much does a single-family home cost in Marissa?
The median single-family home price in Marissa, IL is $150,000 (about $108 per square foot).
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