$2,374 Closing Credit*
$199,900
1,289 SqFt
3 Beds
•1 Full Bath
Listing Office: Fusion Realty, LLC
Is Marine, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Marine was a Buyer's Market.
Key Takeaway
Marine is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Marine, IL
How much do homes in Marine, IL cost?
Median Sold Price
$325,459
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$123,459(+61.1%)
Key Takeaway
Homes in Marine have sold for 61.1% more than they did a year ago.
Summary: The median home sold price in Marine was $325,459 in November 2024, up 61.1% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $142K | - | N/A |
| 3 Bedrooms | $317.5K | $308.4K | -2.9% |
| 4 Bedrooms | $318.7K | $345.7K | +8.4% |
| 5+ Bedrooms | - | - | N/A |
Summary: Marine housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Marine | $202K | $325.4K | +61.1% |
| Marine Township | $228K | $320.9K | +40.8% |
Housing Supply in Marine, IL
How many homes are available in Marine, IL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 6 | -25.0% |
Summary: The Marine real estate market had 6 homes for sale in November 2024, a 25.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 5 | 3 | -40.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Marine housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 40%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Marine, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Marine in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Marine, IL
How long does it take to sell a home in Marine, IL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 32 Days | 15 Days | -51.6% |
Summary: Homes in Marine had an average of 15 days on market in Nov 2024, down by 51.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Marine are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Marine; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.