Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$124,595+6.9% YoY · prices are rising fast
Market right nowSeller's marketFewer homes for sale than last year, 16% have cut their price
Income needed to buy, per year$27,010About 0.4× the local median income ($61,813): affordable for a typical household
Days on market63 daysSlower than a year ago: buyers have time to negotiate
The typical home in Marion County, IL is worth $124,595, up 6.9% from a year ago. That is slightly below what local incomes have historically supported: fair value is about $126,353, so the area is 1.4% undervalued. It is a seller's market: homes take about 63 days to sell, listings are down 13% from a year ago, 16% of listings have had a price cut. A household needs about $27,010 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $61,813. In the latest IRS figures, 13 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$124,595
Change in 1 year
+6.9%
Overvalued %
−1.4%
Show 6 more
Fair home value
$126,353
Change in 5 years
+19.4%
Home value to income
2.0×
Monthly mortgage payment (20% down)
$675
Income needed to afford it
$27,010
Property tax rate
1.71%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$930
Market activity
Listings vs a year ago
−13.1%
Days on market
63
Listings with a price cut
16.4%
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Homes for sale
86
Pending sales per 100 listings
45
Asking price per sq ft
$104
People and jobs
Median household income
$61,813
Population change (1 year)
−0.3%
Unemployment rate
5.9%
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Population
36,382
Income adjusted for cost of living
$70,724
Net moves in (IRS)
+13
Cost of living (US = 100)
87.4
Schools, risk and environment
School rating (1 to 10)
5.2
FEMA hazard risk score (0 to 100)
77.1
Flood risk score
68.1
Show 3 more
Wildfire risk score
15.5
Walkability (1 to 20)
6.2
Road, rail and air noise
52 dB
Questions people ask
Is Marion County, IL overvalued?
Home prices in Marion County, IL are slightly below what local incomes have historically supported: fair value is about $126,353, so the area is 1.4% undervalued.
Is Marion County, IL a buyer's or seller's market?
Marion County, IL is a seller's market: homes take about 63 days to sell, listings are down 13% from a year ago, 16% of listings have had a price cut.
Are home prices going down in Marion County, IL?
Home values in Marion County, IL are up 6.9% over the last year.
How much do you need to earn to buy a home in Marion County, IL?
A household needs about $27,010 a year to afford the typical home in Marion County, IL at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $61,813.