Marshall, IL Housing

The housing market in Marshall, IL is quite strong. The median value of homes in the area is $126,100, which is a lot lower than the US house median value of $338,100. However, it still appreciates quite fast with an appreciation rate of 7.94% in the last year compared to the US's 8.27%. This indicates that Marshall is a great place to invest in property with many potential benefits for those who buy early and hold on to their investment.

The median home cost in Marshall is $126,100. Home appreciation the last 10 years has been 47.0%. Home Appreciation in Marshall is up 9.4%.

Average Age of Homes

- The median age of Marshall real estate is 49 years old

The Rental Market in Marshall

- Renters make up 35.0% of the Marshall population
- 2.1% of houses and apartments in Marshall, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Marshall, Illinois	United States
	1,946.0	139,647,020.0
	54	42
	$126,100	$338,100
	9.4%	16.6%
	34.8%	57.0%
	47.0%	101.1%
	$17.04	$10.98
	$1,753	$2,690
	56.8%	57.4%
	15.5%	11.2%
	27.7%	31.4%
Vacant Housing
	2.1%	1.9%
	0.0%	0.4%
	3.0%	0.7%
	2.8%	0.4%
	0.0%	3.6%
	7.6%	4.1%
Value of Owner-Occupied Housing
	3.3%	2.6%
	4.9%	2.4%
	5.8%	2.8%
	10.7%	3.9%
	23.3%	4.5%
	26.9%	11.3%
	12.2%	13.0%
	6.5%	20.1%
	3.3%	13.6%
	1.0%	8.3%
	0.0%	9.7%
	0.7%	3.9%
	1.5%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	7.2%	13.6%
	7.2%	13.6%
	7.8%	13.6%
	7.4%	13.2%
	17.6%	14.8%
	7.8%	13.6%
	10.7%	10.0%
	7.5%	4.7%
	26.3%	12.2%