Housing · Marine

Marine, IL housing market

The median sale price was $245,000 in May 2026.

Home values, sales, trends and how Marine compares with the towns next door — updated as new data is published.

The market right now

Marine at a glance

Median sale price
$245K
May 2026 · Redfin
Homes sold
1
in May · 1 for sale

Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.

New construction

No new homes permitted in 2025

No permits for new homes were issued in Marine in 2025. The last year with any was 2024 (2 new homes).

New homes, 2025
0
2 in 2024
2026 so far
2
Jan–Aug
Single-familyTwo or more homes per building2026 so far
0102030 2000: 4 homes 2000 2001: 7 homes 2002: 7 homes (3 single-family, 4 in buildings with 2+ homes) 2003: 4 homes 2004: 4 homes 2005: 3 homes 2005 2006: 3 homes 2007: 3 homes 2008: 0 homes 2009: 0 homes 2010: 0 homes 2010 2011: 1 home 2012: 1 home 2013: 1 home 2014: 1 home 2015: 0 homes 2015 2016: 0 homes 2017: 1 home 2018: 2 homes 2019: 1 home 2020: 24 homes (0 single-family, 24 in buildings with 2+ homes) 2020 2021: 0 homes 2022: 3 homes 2023: 12 homes 2024: 2 homes 2025: 0 homes 2025 2026 so far: 2 homes

Homes vs. people, 2010–2020

Residents−48
New homes+8

Between the 2010 and 2020 censuses, Marine's population fell by 48 even though 8 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year.

Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.

Show as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)220$703,000
2025000—
2024220$550,000
202312120$2.6 million
2022330$634,000
2021000—
202024024$3.9 million
2019110$220,000
2018220$386,000
2017110$200,000
2016000—
2015000—
2014110$160,000
2013110$175,000
2012110$150,000
2011110$202,000
2010000—
2009000—
2008000—
2007330$258,000
2006330$259,000
2005330$257,000
2004440$352,000
2003440$323,000
2002734$705,000
2001770$802,000
2000440$545,000

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.

Affordability

2.1 years of income

The typical Marine home costs about 2.1 years of the town's median household income, less than across Illinois (3.6 years).

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
78.3%
Illinois: 67.1%
Median tax bill
$3,449
Illinois: $5,298
Median rent
$944
Illinois: $1,274
Typical home built
1966
Illinois: 1971

U.S. Census Bureau, ACS 2020-2024.

Renting

A two-bedroom rents for about $1,050

HUD's Fair Market Rent for a two-bedroom in Marine is $1,050 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Marine pay a median of $944, so moving in tends to cost more than staying put. A two-bedroom takes about 16% of the town's median household income.

1 bedroom
$860
a month, with utilities
2 bedrooms
$1,050
a month, with utilities
3 bedrooms
$1,350
a month, with utilities
Share of income
16%
2 bedrooms ÷ median income

Studio $820 · 4 bedrooms $1,560

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (62061; St. Louis, MO-IL HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01