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Foreclosure Homes in Marissa, IL

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Marissa, IL Foreclosures

How much do homes sell for in Marissa, IL?
The average home price is currently $141,106.
In Marissa, IL, how many homes are available?
There are currently 15 active home listings available in Marissa.
What’s the average rental cost in Marissa, IL?
The average rental price in Marissa is $984.
What is the most expensive home in Marissa?
The most expensive home sold in Marissa had a price of $1,436,678.
What is currently the cheapest priced home in Marissa, IL?
The cheapest home for sale in Marissa is priced at $10,081.

Living in Marissa, IL

Marissa, Illinois, is a quaint village that combines a friendly atmosphere with access to outdoor parks and essential services. Known for its community spirit, Marissa offers a peaceful place to call home while still maintaining convenient access to larger metropolitan areas. Ideal for families and retirees alike, this area provides a comfortable living experience.

Current Market Conditions in Marissa, IL

The Marissa real estate market is showing a steady demand, with an increase in home prices attributed to its desirable location and community-oriented lifestyle. Homes here are typically well-maintained and reflect the small-town charm that attracts buyers.

Currently, inventory levels in Marissa are slightly lower compared to last year, resulting in fewer options for potential buyers but creating a competitive market for sellers.

Home Value Estimator For Marissa, IL

There are currently 1,340 real estate properties in Marissa, IL, with a median automated valuation model (AVM) price of $102,909.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Marissa, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Marissa, IL, is $141,106.00, with the most expensive house in Marissa, IL, topping out at $1,436,678.00 and the cheapest home in Marissa, IL, clocking in at $10,081.00. In other words, there’s something for every potential homebuyer or savvy investor in Marissa, IL!

Rent Prices In Marissa, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Marissa, IL, is on a rollercoaster ride. The average rent price in Marissa, IL, is $984.00. Indeed, when looking to rent in Marissa, IL, you can expect to pay as little as $550.00 or as much as $2,000.00, with the average rent median estimated to be $980.00. The good news is that finding an affordable and desirable property to rent in Marissa, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Marissa, IL Foreclosures


Market Trend for Marissa, IL

Total Listings Available: 15

Market Values:

Home Prices from $10,081 to $1,436,678

Average Sales Price: $141,106

Rental Values:

Rental from $550 to $2,000

Average Rent Value: $984 / month

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