Marion, IL housing market
Home prices around Marion have risen about 45% over the past 5 years.
Home values, sales, trends and how Marion compares with the towns next door — updated as new data is published.
Home prices up 45% in 5 years
The federal house price index for the ZIP codes around Marion rose 45% over the past 5 years, about the same as across Illinois. Last year prices rose 7.1%.
Show as a table
| Year | Change that year | Since 2000 | Illinois since 2000 |
|---|---|---|---|
| 2025 | +7.1% | +87% | +96% |
| 2024 | +5.4% | +74% | +85% |
| 2023 | +7.4% | +65% | +73% |
| 2022 | +13% | +54% | +61% |
| 2021 | +6.1% | +37% | +44% |
| 2020 | +0.9% | +29% | +33% |
| 2019 | +4.3% | +28% | +32% |
| 2018 | +0.3% | +22% | +28% |
| 2017 | +5% | +22% | +25% |
| 2016 | −0.3% | +16% | +22% |
| 2015 | +3.1% | +17% | +19% |
| 2014 | +0.1% | +13% | +15% |
| 2013 | −1.3% | +13% | +11% |
| 2012 | −1.4% | +14% | +11% |
| 2011 | −4.6% | +16% | +14% |
| 2010 | −1.1% | +22% | +21% |
| 2009 | −2.5% | +23% | +29% |
| 2008 | +0.2% | +26% | +40% |
| 2007 | +2.2% | +26% | +45% |
| 2006 | +7.5% | +23% | +43% |
| 2005 | +7% | +14% | +35% |
| 2004 | +3.2% | +7% | +24% |
| 2003 | +1.6% | +3.6% | +15% |
| 2002 | +0.3% | +2% | +11% |
| 2001 | +1.7% | +1.7% | +5.6% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 61021, 61310, 61042, covering 88% of Marion’s land, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost.
Marion and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Marion | — | +7.1%† | $930 | — | $92,857 |
| Amboy | $185K | +9.8% | $940 | — | $68,286 |
| Harmon | $219K | +6.4% | $920 | — | $70,625 |
| South Dixon | — | +10.2%† | $920 | — | $55,938 |
| Amboy | — | +5.3%† | $930 | 0 | $68,258 |
† FHFA price index change, where Zillow has no home value for the town.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $930
HUD's Fair Market Rent for a two-bedroom in Marion is $930 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $640 · 4 bedrooms $1,400
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (61021, 61042, 61310; Lee County, IL), 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. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.