Market Overview
Home Prices in Marissa, IL
The median home value in Marissa, IL is $114,153 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.1% compared to a year ago and up 3.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Marissa are priced72% below average. Marissa is part of the St. Louis, MO-IL metro area.
Over the past five years, Marissa home values have risen by approximately3.8%, reflecting modest growth in this market.
Price History
Marissa Home Price Trend
2020
$98,875
$99K
—
2021
$109,973
$110K
+11.2%
2022
$109,952
$110K
+-0.0%
2023
$115,355
$115K
+4.9%
2024
$111,918
$112K
-3.0%
2025
$115,370
$115K
+3.1%
2026
$114,153
$114K
-1.1%
City Comparison
Marissa vs. National Median
🏠 Marissa
$114,153
National Median
$410,000
At $114,153, homes in Marissa cost 72% below the national median of $410,000. This makes Marissa a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Marissa?
20% Down Payment
$22,831
on $114,153
Monthly P&I
$595/mo
30-yr @ 6.8%
Total Monthly Est.
~$756/mo
incl. taxes & insurance
Income Needed
$30,240
gross annual (30% rule)
10% Down Option
$11,415
+ PMI applies
Loan Amount (20% dn)
$91,322
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Marissa, IL?
The median home value in Marissa is $114,153 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.1% year-over-year.
How much have home prices changed in Marissa?
Over the past year, home values in Marissa have decreased by 1.1%. Over five years, prices have risen approximately 3.8%.
How much do I need to earn to buy a home in Marissa?
To comfortably afford the median home price of $114,153 with a 20% down payment ($22,831) at today's rates (6.8%), you'd need a gross annual income of approximately $30,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Marissa compare to the national average home price?
The national median home value is approximately $410,000. At $114,153, homes in Marissa are 72% below the national average.
What metro area is Marissa part of?
Marissa is part of the St. Louis, MO-IL metropolitan area. Home prices and market conditions can vary across the broader metro region.