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Ed. M. Stotlar HouseEd. M. Stotlar House · Photo: Nyttend · Public domain
Housing in Marion

205 homes sold in Marion in the last year, at a typical $184K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Marion homes are listed.

Homes sold
205
June 2025 to May 2026
Typical sale price
$184K
median, weighted by sales
Price per square foot
$114
Illinois $193
Paid vs. asking
96.5%
23% sold over asking
For sale now
73
May 2026 · 16 sold that month
What sold · last 12 months

Houses are 94% of Marion’s sales, at a typical $185K

205 homes sold in the year to May 2026.

Houses$185K

typical sale · 193 sold in 12 months

Per square foot
$112IL $180
Days to sell
72
Sold over asking
25%
Listings with a price cut
21%
Fewer sales

Multi-family (2–4 units): 4 sold, typical $171K
Townhouses: 6 sold, typical $420K
Condos: 2 sold, typical $199K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than before 2023, at 1.6 times the 2016 price

205 sales in the last year, against 311 in 2022 and a low of 199 in 2012. The typical sale went from $112K in 2016 to $184K.

Homes soldTypical sale price
087175262350$50K$100K$150K$200K2012: 199 sold, typical $100K’122013: 213 sold, typical $97K2014: 255 sold, typical $99K’142015: 231 sold, typical $112K2016: 216 sold, typical $112K’162017: 211 sold, typical $109K2018: 250 sold, typical $96K’182019: 236 sold, typical $122K2020: 242 sold, typical $124K’202021: 308 sold, typical $135K2022: 311 sold, typical $155K’222023: 280 sold, typical $153K2024: 279 sold, typical $169K’242025: 244 sold, typical $175KLast 12 months: 205 sold, typical $184KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $200K buys in Marion

Houseat $112 a sq ft
The same money in Illinoisat $180 a sq ft

Is this asking price fair?

Check a listing against what Marion homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Marion are more common than before the pandemic, but half fewer homes come up for sale

We read every month of Marion’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 205 sales.

If you’re buying in Marion

  • Shop in September. It brings about 24 new listings a month, close to the busiest month, with fewer bidding wars (12% over asking).
  • Offer under asking. Buyers paid 96.5% of the list price on average; 23% paid over.
  • You’ll usually have time. Only 26% of homes go under contract within two weeks; the typical one takes 74 days.
Best time to buy

Summer brings the homes; spring brings the bidding wars

June has the most new listings (about 27 a month), but May is the most competitive: 22% of May sales close over asking. August and September offer nearly as much choice with fewer homes bid up (17%). December has the least competition (11%) but only about 13 new listings.

New listings a monthShare sold over asking
07.51522.53013%27%40%Sweet spotJan: 19 new listings a month, 12% sold over asking, 160 days to sellJFeb: 17 new listings a month, 13% sold over asking, 122 days to sellFMar: 25 new listings a month, 17% sold over asking, 138 days to sellMApr: 23 new listings a month, 13% sold over asking, 159 days to sellAMay: 22 new listings a month, 22% sold over asking, 137 days to sellMJun: 27 new listings a month, 18% sold over asking, 108 days to sellJJul: 25 new listings a month, 18% sold over asking, 141 days to sellJAug: 23 new listings a month, 17% sold over asking, 126 days to sellASep: 24 new listings a month, 12% sold over asking, 129 days to sellSOct: 22 new listings a month, 14% sold over asking, 124 days to sellONov: 16 new listings a month, 14% sold over asking, 106 days to sellNDec: 13 new listings a month, 11% sold over asking, 123 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and calmer than Illinois

Marion now2017–192021 peakIL now
Sold over askingShare of sales that closed above the list price23%9%20%37%
Gone within two weeksShare of homes under contract within 14 days26%2%0%46%
Listings with a price cutShare of homes for sale that cut their price20%——19%
Price paid vs. askingAverage sale price ÷ list price96.5%93.8%96.5%99.2%
Days to sellMedian days from listing to contract7419510549
Supply

65 homes for sale on a typical day

That’s 46% fewer than in 2017–19 and well under 2013’s 141.

2012: 134 for sale’122013: 141 for sale2014: 121 for sale2015: 114 for sale’152016: 127 for sale2017: 125 for sale2018: 125 for sale’182019: 112 for sale2020: 96 for sale2021: 69 for sale’212022: 70 for sale2023: 61 for sale2024: 66 for sale’242025: 73 for saleLast 12 months: 65 for saleNow
Room to negotiate

1 in 5 listings has cut its price

20% in the last year, against — in 2017–19 and 19% across Illinois.

2022: 15%’222023: 17%2024: 18%2025: 18%’25Last 12 months: 20%Now
Across Illinois

Marion ranks 294th of 324 busy Illinois markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Marion is one of the state’s calmer markets.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Marion home costs about $1,227 a month

Mortgage
Property tax
Insurance
Rent

Price: Marion’s typical sale, last 12 months. Property tax at Marion’s 1.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Marion is affordable on local pay is on Cost of living.

Before you buy in Marion

Six things worth knowing

27

New listings in June

The month with the most choice. December has the fewest, about 13.

Best time to buy
1.7%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $184K home, about $3,200 a year.

Taxes vs. neighbors
C+

Schools

The schools grade for Marion, from test results, graduation and how much students grow.

Schools in Marion
22 min

Typical commute

The average one-way trip to work for people who live in Marion.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Johnston City and Herrin sell for less a square foot

The busier markets within 25 miles of Marion, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Marion205$184K$11423%74
Herrin162$155K$10017%79
Carterville80$213K$11731%74
Johnston City35$131K$10023%67
Crainville24$236K$1378%171
Cambria21$173K$12010%100
Goreville21$292K$1315%109

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Marion, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Marion. People who follow the town see it, and so do people comparing Marion with their own town. No commission, no listing fee.

Questions about buying a home in Marion

What do homes sell for in Marion, IL?

205 homes sold in the year to May 2026 at a typical $184K, $114 a square foot.

Is Marion a buyer’s or seller’s market?

A balanced market: 73 homes were for sale in May 2026 and 16 sold, about 4.6 months of supply. Buyers paid 96.5% of asking on average, and 20% of listings cut their price.

When is the best time to buy in Marion?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Marion?

About 1.7% of a home’s value a year. On a $184K home that’s near $3,200.

Where can I see homes for sale in Marion?

Zillow, Redfin, Realtor.com and Homes.com all carry Marion’s MLS listings; the search links above open each one filtered to Marion.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).