Housing in Marion, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$157,500
Median List Price
$269,450
Price Per Sq Ft
$98
Days on Market
91
Active Inventory
38
Months of Supply
3.2
Seller's market
Zillow Home Value
$166,620
ZHVI — January 2026
Zillow Rent Index
$969
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
0.0%
Sale-to-List Ratio
94.5%
Buyer's market
Market Activity
Source: RedfinHomes Sold
12
New Listings
10
Pending Sales
21
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$98
Median List $/SF
$146
Marion vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 10,000 - 25,000 residents. Marion 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
$145,300
Median Rent
$878
Total Housing Units
8,804
Vacancy Rate
9.3%
Owner Occupied
62.2%
Renter Occupied
37.8%
Median Property Tax
$2,472
per year
Monthly Cost (w/ Mortgage)
$845
Housing Types
The current median sale price in Marion, IL is $157,500 according to Redfin data. Homes spend a median of 91 days on the market. 0.0% of homes sold above asking price. The market has 3.2 months of supply. The median price per square foot is $98. Zillow's observed rent index is $969/month. About 62.2% of housing units are owner-occupied. The median year homes were built is 1979. There are 8,804 total housing units.