Market Overview
Home Prices in Marseilles, IL
The median home value in Marseilles, IL is $205,898 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 8.1% compared to a year ago and up 4.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Marseilles are priced50% below average. Marseilles is part of the Ottawa, IL metro area.
Over the past five years, Marseilles home values have risen by approximately37.4%, reflecting strong long-term appreciation in this market.
Price History
Marseilles Home Price Trend
City Comparison
Marseilles vs. National Median
At $205,898, homes in Marseilles cost 50% below the national median of $410,000. This makes Marseilles a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Marseilles?
20% Down Payment
$41,180
on $205,898
Monthly P&I
$1,074/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,364/mo
incl. taxes & insurance
Income Needed
$54,560
gross annual (30% rule)
10% Down Option
$20,590
+ PMI applies
Loan Amount (20% dn)
$164,718
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 Marseilles, IL?
The median home value in Marseilles is $205,898 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 8.1% year-over-year.
How much have home prices changed in Marseilles?
Over the past year, home values in Marseilles have increased by 8.1%. Over five years, prices have risen approximately 37.4%.
How much do I need to earn to buy a home in Marseilles?
To comfortably afford the median home price of $205,898 with a 20% down payment ($41,180) at today's rates (6.8%), you'd need a gross annual income of approximately $54,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Marseilles compare to the national average home price?
The national median home value is approximately $410,000. At $205,898, homes in Marseilles are 50% below the national average.
What metro area is Marseilles part of?
Marseilles is part of the Ottawa, IL metropolitan area. Home prices and market conditions can vary across the broader metro region.