Is Marseilles, IL 61341 a buyer’s or seller’s market?
Marseilles is a seller’s market. With about 3.7 months of supply and 21% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply3.7Under 4 months = seller’s market
Sold above original list21%Share of sales, last 3 months
Median sale-to-list100.9%Sold price ÷ list price
Median days on market56Listing to accepted offer
Median price per sq ft$138▲ +24.6% vs. last year
Run the numbers for 61341
Nearby markets
Cedar Point 61316Seller’s market $46 /sq ftDana 61321 — /sq ftEarlville 60518Seller’s market $162 /sq ftGrand Ridge 61325 — /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology