Housing in Marengo, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$310,000
Median List Price
$300,000
Price Per Sq Ft
$166
Days on Market
50
Active Inventory
21
Months of Supply
4.2
Balanced market
Zillow Home Value
$341,079
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
60.0%
Off Market in 2 Weeks
57.1%
Sale-to-List Ratio
98.2%
Buyer's market
Market Activity
Source: RedfinHomes Sold
5
New Listings
8
Pending Sales
7
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$166
Median List $/SF
$183
Marengo vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Marengo is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$206,100
Median Rent
$1,077
Total Housing Units
2,898
Vacancy Rate
3.5%
Owner Occupied
68.8%
Renter Occupied
31.2%
Median Property Tax
$4,771
per year
Monthly Cost (w/ Mortgage)
$1,307
Housing Types
The current median sale price in Marengo, IL is $310,000 according to Redfin data. Homes spend a median of 50 days on the market. 60.0% of homes sold above asking price. The market has 4.2 months of supply. The median price per square foot is $166. The median rent is $1,077 per month (Census ACS). About 68.8% of housing units are owner-occupied. The median year homes were built is 1974. There are 2,898 total housing units.