Marshall County, Illinois Housing Market
In Marshall County, Illinois, the median home value is $142,800, with a median monthly rent of $782. This places Marshall County at #2335 nationally out of 3134 counties by median home value, and #44 within Illinois.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $997
- Establishments: 222
- BLS QCEW, 2025
Housing Supply
- Single-family: 3
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 5,173 (avg $73,499)
- Outflow: 4,876 (avg $73,821)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 4 active ZIP codes in Marshall County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 61760 | 181.6 | -5.55% | 2025 |
| 2 | 61540 | 179.2 | +8.82% | 2025 |
| 3 | 61523 | 180.5 | -0.22% | 2025 |
| 4 | 61526 | 178.2 | — | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
🔗 Explore Marshall County on Our Sister Sites
Get the complete picture for Marshall County — financing options and ongoing ownership costs.
💰 Mortgage Guide → 🧾 Property Tax Data →How Marshall County Compares
| Metric | Marshall County | Illinois Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $142,800 | $153,019 | $227,706 |
| Median Gross Rent | $782 | $867 | $968 |
| Owner Occupancy Rate | 79.2% | 75.8% | 73.3% |
| Price/Rent Ratio | 15.2 | 14.5 | 18.7 |
Market Analysis
The median home value in Marshall County is 6.7% below the Illinois state average and 37.3% below the U.S. national average. The median rent of $782/month is 9.8% below the state average.
With a price-to-rent ratio of 15.2, the buy-vs-rent decision in Marshall County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Marshall County has an owner-occupancy rate of 79.2%, compared to 75.8% in Illinois and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Charlton County | Georgia | $142,800 | $540 |
| Hopkins County | Kentucky | $142,800 | $837 |
| Monona County | Iowa | $142,900 | $855 |
| Monroe County | Ohio | $142,700 | $672 |
| Brunswick County | Virginia | $142,700 | $834 |
Other Counties in Illinois
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Livingston County | $142,200 | $880 | 74.3% |
| Pope County | $143,800 | $449 | 86.3% |
| Bond County | $145,700 | $785 | 76.6% |
| Mercer County | $146,700 | $786 | 83.8% |
| Macoupin County | $138,200 | $801 | 78.5% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).