Marine, IL—62061
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Marine, IL
As of Oct '25, the median home price in Marine, IL is $248,000, with a year-over-year change of 5.9%. This indicates that home prices in Marine, IL are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $248,000 | 5.9% |
| Single Family | $249,000 | 6.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $230,000 | 5.0% |
4 Bed | $303,000 | 4.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Marine, IL
Marine, IL lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Marine, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Marine, IL is 143. This is a increase of 693.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $368,000 | 27.0% |
Listing Count | 12 | 177.0% |
| Listings as % of Homes | 3.3% | 177.0% |
Days on Market | 143 | 693.0% |
Demographics — Marine, IL
As of the latest ACS Survey released in 2023, Marine, IL has a population of 1,530, which has decreased by -8.6% over the past 5 years. Marine, IL is a popular place for families, as children make up 26.6% of the population. The area has a poorly educated workforce, with 23.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,530 | -8.6% |
% Under 18 | 26.6% | 16.2% |
% Seniors | 21.8% | 23.9% |
% WFH | 8.1% | 153.1% |
% w/ College Degree | 23.4% | -34.3% |
As of the latest ACS Survey released in 2023, Marine, IL is a predominantly white area, with 88.0% of the population identifying as white. The white population has shrunk by 8.7% in the last 5 years. The second most common race or ethnicity in Marine, IL is hispanic, making up 4.7% of the population. Foreign-born residents account for 0.3% of the population in Marine, IL, and this percentage has decreased by 62.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 88.0% | -8.7% |
% Black | 0.0% | N/A |
% Hispanic | 4.7% | 88.0% |
% Asian | 0.3% | -66.7% |
% Foreign Born | 0.3% | -62.5% |
Mortgage and Risk — Marine, IL
Marine, IL lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Marine, IL
Marine, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 8 |
Total Units Section 8 | 8 |
% Rentals under Section 8 | 10.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $880 |
| 2 Bedroom | N/A | N/A | $1,090 |
| 3 Bedroom | N/A | N/A | $1,410 |
| 4 Bedroom | N/A | N/A | $1,640 |
Affordability — Marine, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $248,000 |
| Median Household Income | $77,100 |