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Cheap 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 1,896 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, IL is a charming village that exudes small-town charm combined with essential amenities. Its friendly community, affordable housing, and convenience to larger cities make it an appealing location for families and individuals seeking a peaceful lifestyle. With parks, schools, and local businesses, Marissa provides a well-rounded living experience.

Current Market Conditions in Marissa, IL

Marissa's real estate market remains stable with steady demand. The town has seen a gradual increase in home values as more people seek affordable housing options outside of larger urban areas. Although the market conditions are competitive, home prices remain reasonable compared to other nearby cities.

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.

Cheap Homes in Marissa, IL

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