Marion, IL Housing Market 2026: Median Home Price, Last 12 Months

Marion produces a steady stream of closings but little consensus: sales over the last 12 months span a range wide enough that the median is a midpoint between different markets, not a going rate. The distribution below matters more than the headline.

The snapshot

• •Closings tracked, last 12 months: 288
• •Median sold price, last 12 months: $164,950
• •Median sold $/sqft, last 12 months: $107
• •Middle half of sales closed between: $100,500 and $245,000

What the numbers say

Resideline tracked 288 closed sales in Marion over the last 12 months, with a median closing price of $164,950. That median is the midpoint of what buyers actually paid, not what sellers hoped to get, which is why it moves differently from the asking prices you see on listing sites. The middle half of those sales closed between $100,500 and $245,000. That spread matters more than the headline median: where a specific property sits inside it decides whether the citywide number helps you or misleads you. These are the closings Resideline tracks and may differ from complete county or municipal records. 93% of the Marion closings we track here are single-family houses, so these figures primarily reflect that segment, and the citywide $/sqft figure primarily reflects that segment as well. Across the 283 closings with usable living area, the middle half sold between $76 and $138 per square foot.

Figures last updated September 6, 2026 from closings Resideline tracked.

Median home price in Marion, IL (September 2026)

The median home price in Marion is $164,950, measured across the 288 closed sales Resideline tracked over the last 12 months. The middle half of those sales closed between $100,500 and $245,000.

Where Marion sale prices land

Medians hide the shape of a market. The distribution above covers the closed sales Resideline tracked in Marion over the last 12 months that carry a usable sale date, trimmed to the 5th through 95th percentile, with the middle half of sales closing between $100,500 and $245,000. Among the 91 Illinois markets with a published band, Marion's middle-half spread ($100,500 to $245,000) ranks 82nd from the narrowest. Where your target property sits inside that spread matters more than the citywide median.

How long a sale takes here

• •Listed to under contract: a median of 33 days, across 105 Marion closings Resideline tracked in the last 12 months
• •Contract to closing: a median of 28 days, across 76 Marion closings Resideline tracked in the last 12 months

The Marion angle

Marion produced 288 tracked closings over the last 12 months, a median of $164,950, and a middle half from $100,500 to $245,000. The ratio between the quartiles matters more than the dollars at this price level, because a proportional error here is easy to make and easy to overlook. Match property type first, then living area, and check how many tracked closings survive each cut before you loosen anything.

From market read to offer price

A spread this wide means the citywide number cannot price a specific address; the step that matters is the property-level read. The decision still comes down to one property and one number: what it is actually worth and what you should pay. Every Resideline report opens with this same market snapshot for the subject's exact ZIP code, then gives you the property's value, the sold comps behind it, and a market rent estimate. Pricing a specific deal? The free ARV calculator and rental property calculator run the numbers in about a minute.

And we show our work. Every estimate is frozen while the home is for sale and graded against the real closing price after it sells. See the live accuracy dashboard for the receipts, or read how the Area Market Snapshot works.

Run any Marion address through Resideline and you will see the local market and the property's value together, in one report.

Cite this

Using these numbers? Please cite the source and the sample size:

Source: Resideline Market Watch
Market: Marion, IL
Geography: incorporated municipality, Census place 1746916
Data updated: September 2026
Analysis period: last 12 months
Tracked closings: 288
Median sold price: $164,950
Median sold $/sqft: $107 (283 qualifying)
Property mix: 93% houses
https://resideline.com/blog/marion-il-housing-market

Writing about this market? Paste this into your post:

<a href="https://resideline.com/blog/marion-il-housing-market">
  <img src="https://resideline.com/images/embed/marion-il.png" alt="Marion, IL home sale price distribution, last 12 months" width="1000" style="max-width:100%;height:auto">
</a>
<p>Source: <a href="https://resideline.com/blog/marion-il-housing-market">Resideline Market Watch</a></p>

The local market statistics in this report are calculated from closed sales tracked by Resideline. Transaction coverage may differ from complete county or municipal records.

Every local market figure on this page is computed from closed sales Resideline tracked in Marion over the last 12 months, and is refreshed when the data is. The closings we track within the Marion city limits are not limited to listing-service sales: they also include foreclosure deeds, estate and family transfers, and other off-market sales that portal medians exclude, which is why 23% of the 288 closings in this window never appeared on a listing service, and the median of MLS-listed sales alone was $180,000.