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Foreclosure Homes in Marissa, IL

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Marissa, IL Foreclosures

Current Market Conditions in in Marissa, IL As of April 2026?
In the past month, Marissa has seen a slight uptick in home sales, indicating increased buyer interest. This surge can be attributed to seasonal trends, with many families looking to move before the school year starts. On average, homes are selling quicker than they did previously, indicating a responsive market.
How much do homes sell for in Marissa, IL?
The average home price is currently $157,626.
In Marissa, IL, how many homes are available?
There are currently 141 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 $2,284,162.
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 small village located in St. Clair County. Known for its friendly community and small-town charm, it offers residents a peaceful lifestyle while still being close to larger urban areas. The village is surrounded by beautiful landscapes and provides various local amenities, including parks, schools, and shops.

Buyer vs Seller Market in Marissa, IL

The current real estate market in Marissa shows stable trends with a gradual increase in home values over the past year. This is reflective of the overall demand for homes in smaller communities as families seek affordability and a sense of community.

Properties in Marissa are competitively priced compared to neighboring areas, making it an attractive option for homebuyers looking for value. The market remains active, with a variety of homes available, from charming older houses to newer constructions.

Home Value Estimator For Marissa, IL

There are currently 1,460 real estate properties in Marissa, IL, with a median automated valuation model (AVM) price of $104,596.00. 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 $157,626.00, with the most expensive house in Marissa, IL, topping out at $2,284,162.00 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: 141

Market Values:

Home Prices from $10,081 to $2,284,162

Average Sales Price: $157,626

Rental Values:

Rental from $550 to $2,000

Average Rent Value: $984 / month

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