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Homes for Sale Under 200K in Marion, IL

111 Homes for Sale

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Price CutPrice Drop: $9.9K
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Photo 1 of Single family home for sale at 529 Marquis Ave, Centralia, IL 62801 | MLS# 12696177 | Listing updated on 2026-10-27

$130,000

Views: 13

Bedrooms: 2Bds

Bathrooms: 1Ba

Area: 1,047sqft

Single family home for sale

529 Marquis Ave, Centralia, IL 62801

MLS ID #12696177, Midwest Farm & Land

Price CutPrice Drop: $10K
Photo 1 of Single family home for sale at 8957 Grassy Rd, Marion, IL 62959 | MLS# 12765664 | Listing updated on 2026-10-20

$129,000

Views: 9

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,216sqft

Single family home for sale

8957 Grassy Rd, Marion, IL 62959

MLS ID #12765664, C21 House Of Realty, Inc. L

Price CutPrice Drop: $7.6K
Photo 1 of Single family home for sale at 108 N Linton St, Odin, IL 62870 | MLS# 12751749 | Listing updated on 2026-10-13

$99,900

Views: 6

Bedrooms: 2Bds

Bathrooms: 1Ba

Area: 1,250sqft

Single family home for sale

108 N Linton St, Odin, IL 62870

MLS ID #12751749, Somer Real Estate

Photo 1 of Single family home for sale at 885 Wilson St, Marion, IL | MLS# 12702625 | Listing updated on 2026-07-17

$99,000

Views: 2

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,386sqft

Single family home for sale

885 Wilson St, Marion, IL

MLS ID #12702625, All In One Real Estate Co

Photo 1 of Single family home for sale at 610 High, Alma, IL 62862 | MLS# 25017205 | Listing updated on 2025-03-21

$97,000

Views: 10

Bedrooms: 2Bds

Bathrooms: 1Ba

Area: --sqft

Single family home for sale

610 High, Alma, IL 62862

Somer Real Estate

Price CutPrice Drop: $6.5K
Photo 1 of Single family home for sale at 219 E Williams St, Salem, IL 62881 | MLS# 12639132 | Listing updated on 2026-10-04

$90,000

Views: 12

Bedrooms: 3Bds

Bathrooms: 1Ba

Area: 980sqft

Single family home for sale

219 E Williams St, Salem, IL 62881

MLS ID #12639132, Somer Real Estate

Price CutPrice Drop: $5K
Photo 1 of Single family home for sale at 709 Thomas St, Iuka, IL 62849 | MLS# 12747043 | Listing updated on 2026-10-02

$82,900

Views: 6

Bedrooms: 1Bd

Bathrooms: 1Ba

Area: 1,200sqft

Single family home for sale

709 Thomas St, Iuka, IL 62849

MLS ID #12747043, Somer Real Estate

Photo 1 of Single family home for sale at 213 Maple St, Odin, IL 62870 | MLS# 12691840 | Listing updated on 2026-09-09

$70,000

Views: 7

Bedrooms: 2Bds

Bathrooms: 1Ba

Area: 982sqft

Single family home for sale

213 Maple St, Odin, IL 62870

MLS ID #12691840, Equity Realty Group

Showing 43 - 84 of 111 homes for sale in Marion, IL

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Marion, IL Housing Market Overview

Marion is a balanced market, giving buyers and sellers room to negotiate. With 5.7 months of supply and homes averaging 95 days on the market, you can make decisions without the pressure of a highly competitive market.

Status

Balanced Market

Days on Market

95

Inventory

57

Sep 2021Mar 2024Mar 2026

Median Home Price

$202,500Up 0.62%

In Mar 2026 · YoY

Sep 2021Mar 2024Mar 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
57 Down 0.29%
Newly Listed Homes
29 Down 0.17%
Months of Supply
5.7 Up 1.90%

Housing Demand

Homes Sold
10 Down 0.00%
Sale-to-List Ratio
95.1% Down 1.19%
Homes Sold Above List
0% Down 23.81%

30-yr fixed rate 6.23% · Data as of Mar 2026 · Source: Houzeo Research.

View Full Marion Market Report
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  • mls-img
    This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC through Oct 29, 2026, 1:30 PM. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market.

    Based on information submitted to the MLS GRID as of Oct 29, 2026, 1:30 PM. All data is obtained from various sources and has not been, and will not be, verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Some IDX listings have been excluded from this website. Information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID, MRED or Houzeo. The use of the MLS GRID Data may be subject to an end user license agreement. Properties displayed may be listed or sold by various participants in the MLS,

    Listings courtesy of MRED as distributed by MLS GRID. ©2026 Midwest Real Estate Data LLC. All Rights Reserved
  • mls-imgIDX Logo
    Based on information from Mid America Regional Information Systems, Inc. through Oct 29, 2026, 1:31 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Properties displayed may be listed or sold by various participants in the MLS. Property data presented reflect information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.
    IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. © 2026 Mid America Regional Information Systems, Inc. All Rights Reserved.
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Homes Available icon

111

Homes Available

Median List Price icon

$ 202,500

Median List Price

Avg on Market icon

95 Days

Avg on Market