Marion County, IL Housing

Marion, IL County is a great place to live, with a median housing value of $92,070. This is considerably lower than the US median housing value of $338,100. However, despite the lower cost of homes in Marion County compared to other areas of the United States, the county still experienced a strong appreciation rate over the past year, reaching 6.44%. This is just under the national 1 year house appreciation rate of 8.27%. The combination of low housing costs and reasonable appreciation rates make Marion County an attractive place to invest in real estate.

The median home cost in Marion County is $92,070. Home appreciation the last 10 years has been 43.5%. Home Appreciation in Marion County is up 11.3%.

Average Age of Homes

- The median age of Marion County real estate is 46 years old

The Rental Market in Marion County

- Renters make up 21.6% of the Marion County population
- 0.8% of houses and apartments in Marion County, 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	Marion, Illinois	United States
	17,470.0	139,647,020.0
	49	42
	$92,070	$338,100
	11.3%	16.6%
	35.2%	57.0%
	43.5%	101.1%
	$18.52	$10.98
	$1,550	$2,690
	65.4%	57.4%
	12.5%	11.2%
	22.1%	31.4%
Vacant Housing
	0.8%	1.9%
	0.0%	0.4%
	0.7%	0.7%
	0.2%	0.4%
	1.6%	3.6%
	9.2%	4.1%
Value of Owner-Occupied Housing
	7.3%	2.6%
	11.9%	2.4%
	13.2%	2.8%
	14.9%	3.9%
	12.2%	4.5%
	16.0%	11.3%
	10.6%	13.0%
	8.2%	20.1%
	3.3%	13.6%
	1.0%	8.3%
	1.0%	9.7%
	0.3%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	11.2%	13.6%
	11.2%	13.6%
	11.8%	13.6%
	10.0%	13.2%
	16.3%	14.8%
	11.8%	13.6%
	11.2%	10.0%
	8.4%	4.7%
	16.6%	12.2%

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