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Housing in Marshall Township

60 homes sold in Marshall Township in the last year, at a typical $210K

Redfin reports Marshall Township’s sales by ZIP code, so these figures are for ZIP 62441, which takes in Marshall Township and the area around it. Almost every sale is a house. Below: what each kind of home sells for, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Marshall Township homes are listed.

Homes for sale in Marshall TownshipZillowRealtor.comMore places to look ↓
Homes sold
60
ZIP 62441 · October 2025 to September 2026
Typical sale price
$210K
median, weighted by sales
Price per square foot
$120
Illinois $193
Paid vs. asking
95.3%
18% sold over asking
For sale now
18
September 2026 · 5 sold that month
What sold · last 12 months · ZIP 62441

Houses are 0% of Marshall Township’s sales, at a typical — (year to May 2026)

60 homes sold in the year to September 2026.

14 years of sales

About as many homes sell as usual, at 1.6 times the 2016 price

60 sales in the last year, against 79 in 2021 and a low of 31 in 2016. The typical sale went from $129K in 2016 to $210K.

Homes soldTypical sale price
0255075100$75K$150K$225K$300K2012: 45 sold, typical $89K’122013: 44 sold, typical $95K2014: 43 sold, typical $85K’142015: 43 sold, typical $97K2016: 31 sold, typical $129K’162017: 62 sold, typical $115K2018: 63 sold, typical $90K’182019: 67 sold, typical $108K2020: 63 sold, typical $104K’202021: 79 sold, typical $139K2022: 57 sold, typical $127K’222023: 50 sold, typical $136K2024: 44 sold, typical $141K’242025: 67 sold, typical $170KLast 12 months: 60 sold, typical $210KNow

Source: Redfin Data Center, MLS sales; for ZIP 62441, which takes in Marshall Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What the sales history says · 14 years of sales

Bidding wars in Marshall Township are more common than before the pandemic, but 59% fewer homes come up for sale

We read every month of home sales in ZIP 62441 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 September 2026, 60 sales.

If you’re buying in Marshall Township

  • Shop in April. It brings about 6 new listings a month, close to the busiest month, with fewer bidding wars (9% over asking).
  • Offer under asking. Buyers paid 95.3% of the list price on average; 18% paid over.
  • You’ll usually have time. Only 32% of homes go under contract within two weeks; the typical one takes 71 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

August has the most new listings (about 7 a month), and the most competition: 14% close over asking. April and May offer nearly as much choice with fewer homes bid up (9%). April has the least competition (9%).

New listings a monthShare sold over asking
02.557.5107%13%20%Sweet spotJan: 4 new listings a month, 10% sold over asking, 119 days to sellJFeb: 3 new listings a month, 11% sold over asking, 121 days to sellFMar: 5 new listings a month, 9% sold over asking, 109 days to sellMApr: 6 new listings a month, 9% sold over asking, 110 days to sellAMay: 6 new listings a month, 9% sold over asking, 102 days to sellMJun: 7 new listings a month, 12% sold over asking, 100 days to sellJJul: 6 new listings a month, 11% sold over asking, 92 days to sellJAug: 7 new listings a month, 14% sold over asking, 92 days to sellASep: 6 new listings a month, 12% sold over asking, 81 days to sellSOct: 6 new listings a month, 13% sold over asking, 81 days to sellONov: 5 new listings a month, 11% sold over asking, 89 days to sellNDec: 4 new listings a month, 12% sold over asking, 91 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and calmer than Illinois

Marshall Township now2017–192021 peakIL now
Sold over askingShare of sales that closed above the list price18%8%16%36%
Gone within two weeksShare of homes under contract within 14 days32%3%0%45%
Price paid vs. askingAverage sale price ÷ list price95.3%92.3%95.1%99%
Days to sellMedian days from listing to contract711108651
Supply

13 homes for sale on a typical day

That’s 59% fewer than in 2017–19 and well under 2019’s 35.

2012: 31 for sale’122013: 30 for sale2014: 29 for sale2015: 26 for sale’152016: 27 for sale2017: 32 for sale2018: 28 for sale’182019: 35 for sale2020: 28 for sale2021: 25 for sale’212022: 16 for sale2023: 14 for sale2024: 13 for sale’242025: 16 for saleLast 12 months: 13 for saleNow

Source: Redfin Data Center, ZIP code tracker; for ZIP 62441, which takes in Marshall Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2012 to September 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Marshall Township home costs about $1,416 a month

Mortgage
Property tax
Insurance
Rent

Price: Marshall Township’s typical sale, last 12 months. Property tax at Marshall Township’s 1.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Marshall Township is affordable on local pay is on Cost of living.

Before you buy in Marshall Township

Five things worth knowing

7

New listings in August

The month with the most choice. February has the fewest, about 3.

Best time to buy
1.8%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $210K home, about $3,850 a year.

Taxes vs. neighbors
22 min

Typical commute

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

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

Casey, Paris, Terre Haute and Farmersburg sell for less a square foot

The busier markets within 25 miles of Marshall Township, 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
Terre Haute643$152K$10819%27
Paris98$98K$7516%53
Marshall Township (ZIP 62441)60$210K$12018%71
North Terre Haute43$200K$12019%21
Marshall37$179K$12113%69
Casey27$135K$10223%52
Farmersburg21$162K$9216%38

Redfin Data Center, October 2025 to September 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 Marshall Township, free

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

Questions about buying a home in Marshall Township

What do homes sell for in Marshall Township, IL?

60 homes sold in the year to September 2026 at a typical $210K, $120 a square foot.

Is Marshall Township a buyer’s or seller’s market?

A seller’s market: 18 homes were for sale in September 2026 and 5 sold, about 3.2 months of supply. Buyers paid 95.3% of asking on average.

When is the best time to buy in Marshall Township?

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

How much are property taxes in Marshall Township?

About 1.8% of a home’s value a year. On a $210K home that’s near $3,850.

Where can I see homes for sale in Marshall Township?

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

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 62441, which takes in Marshall Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). 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).