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Preforeclosure Homes in Marseilles, IL

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Marseilles, IL Foreclosures

How much do homes sell for in Marseilles, IL?
The average home price is currently $231,784.
In Marseilles, IL, how many homes are available?
There are currently 8 active home listings available in Marseilles.
What’s the average rental cost in Marseilles, IL?
The average rental price in Marseilles is $1,136.
What is the most expensive home in Marseilles?
The most expensive home sold in Marseilles had a price of $2,055,108.
What is currently the cheapest priced home in Marseilles, IL?
The cheapest home for sale in Marseilles is priced at $12,661.

Living in Marseilles, IL

Marseilles, located in the heart of Illinois, is a charming small town that provides a tight-knit community feel with easy access to larger cities. The area is characterized by its picturesque scenery, including the Illinois River and several surrounding parks. Residents enjoy a blend of rural and suburban lifestyles, making it ideal for families looking for tranquility while still being close to urban amenities.

Current Market Conditions in Marseilles, IL

Marseilles has experienced steady growth in its real estate market, with a blend of updated homes and classic architecture appealing to a broad range of buyers. The area’s affordability compared to neighboring towns has attracted new residents looking for value and quality of life. This has led to a competitive market with quicker sales, especially for homes priced under the median range.

Properties in Marseilles have seen an uptick in demand over the past few months, continuing the trend of increasing property values. The charming community atmosphere combined with proximity to nature and various amenities makes it a desirable location for first-time buyers and those seeking a peaceful retreat.

Home Value Estimator For Marseilles, IL

There are currently 2,859 real estate properties in Marseilles, IL, with a median automated valuation model (AVM) price of $184,563.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Marseilles, 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 Marseilles, IL, is $231,784.00, with the most expensive house in Marseilles, IL, topping out at $2,055,108.00 and the cheapest home in Marseilles, IL, clocking in at $12,661.00. In other words, there’s something for every potential homebuyer or savvy investor in Marseilles, IL!

Rent Prices In Marseilles, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Marseilles, IL, is on a rollercoaster ride. The average rent price in Marseilles, IL, is $1,136.00. Indeed, when looking to rent in Marseilles, IL, you can expect to pay as little as $680.00 or as much as $2,420.00, with the average rent median estimated to be $1,070.00. The good news is that finding an affordable and desirable property to rent in Marseilles, 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.

Marseilles, IL Preforeclosure Homes


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