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Marion, IL 62959 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Marion, IL inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.08
ActiveActive listings: 5252PendingPending sales: 44
Marion, IL: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $289k$289kSoldMedian sold price (last 6 months): $215k$215k
What homes actually sell for in Marion, IL
Distribution of 237 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $139k to $300k
$40k to $105k: 31 sales$40k$105k to $170k: 49 sales49sales$170k to $235k: 42 sales$170k$235k to $300k: 42 sales$300k to $364k: 23 sales$300k$364k to $429k: 11 sales$429k to $494k: 10 sales$429k$494k to $559k: 6 salesMedian $215k

What the numbers say

As of October 5, 2026, Resideline is tracking 52 active listings and 4 pending sales in ZIP code 62959. That pending-to-active ratio of 0.08 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $288,750, while the median of the 237 closed sales Resideline tracked over the last six months was $215,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 62959 for 69 days.

Frequently asked questions

What is the median home price in 62959?

The median closed sale price in Marion, IL 62959 was $215,000 over the last six months, based on 237 closed sales tracked by Resideline. The middle half of those sales ranged from $139,000 to $300,000.

Is 62959 a buyer's or seller's market?

Resideline is currently tracking 4 pending sales against 52 active listings in 62959, a pending-to-active ratio of 0.08. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 62959 currently looks like a balanced market.

Nearby ZIP code market data

Full Marion, IL housing market report →

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