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MARION, IL 62959

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The MARION, IL real estate market (62959) currently shows 79 active listings, with 25 pending sales. Homes are averaging 98 days on the market before going under contract.

Inventory has tightened compared to last year, with 20 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 98 days on market compared to 64 days last year.

The median listing price has fallen 11.9% year-over-year, from $254,450 to $224,250.

Whether you are buying or selling in MARION, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 27,255  ·  Density: 73.6/mi²  ·  Median household income: $61,850

Typical home value: $166,019  ·  Homeownership: 70.2%

Market Overview

Active Listings
79
⇩ 20.2% vs 99 last year
Pending
25
32% pending ratio
Median Price
$224,250
⇩ 11.9% vs $254,450 last year
Average Price
$265,121
⇩ 11.3% vs $298,779 last year
Days on Market
98
⇧ 53.1% vs 64 days last year

Price Per Square Foot

Median $/sqft
$134
⇧ 2.3% vs $131/sqft last year
Median Home Size
1,619 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 79 this year vs 99 last year
  • Days on market: 98 now vs 64 last year

Median & Average Pricing

Year over Year
  • Median: $224,250 (-11.9% YoY)
  • Average: $265,121 (-11.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 17.8 miles — 189 listings ($48,553,004 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62959Marion, IL 629590.0 mi81$21,404,007$199,999$264,247
62951Johnston City, IL 629517.8 mi10$1,541,670$101,250$154,167
62922Creal Springs, IL 629228.4 mi10$2,769,670$199,000$276,967
62918Carterville, IL 6291810.6 mi49$12,140,191$220,000$247,759
62902Carbondale, IL 6290211.3 mi9$4,605,903$489,000$511,767
62915Cambria, IL 6291512.3 mi6$1,496,088$251,250$249,348
62972Ozark, IL 6297213.1 mi2$518,000$259,000$259,000
62874Orient, IL 6287414.5 mi2$169,800$84,900$84,900
62949Hurst, IL 6294914.8 mi3$320,100$106,700$106,700
62987Stonefort, IL 6298715.8 mi3$897,000$299,000$299,000
62890Thompsonville, IL 6289016.3 mi7$1,413,825$174,450$201,975
62856Logan, IL 6285617.0 mi1$55,000$55,000$55,000
62935Galatia, IL 6293517.8 mi6$1,221,750$209,750$203,625

Frequently Asked Questions

How many homes are for sale in MARION, IL 62959?

As of February 2026, there are 79 active listings in MARION, IL (zip code 62959), compared to 99 the prior year.

What is the median home price in MARION, IL 62959?

The median listing price in MARION, IL 62959 is $224,250 as of February 2026, a 11.9% decrease from $254,450 the prior year.

How long do homes stay on the market in MARION, IL?

Homes in MARION, IL 62959 spend an average of 98 days on the market before going under contract, compared to 64 days the prior year.

Is it a seller's or buyer's market in MARION, IL 62959?

Based on current inventory and days-on-market data as of February 2026, MARION, IL 62959 is currently a Balanced Market. Inventory has tightened compared to last year, with 20 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 98 days on market compared to 64 days last year.

How much can I save on real estate commission in MARION, IL?

With SELL123.com's maximum 3% commission, sellers in MARION, IL 62959 save an estimated $4,485 compared to a typical 5% commission on the median listing price of $224,250. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.