House Prices

House Prices & Home Values Marshall, IL 2026


Average Data

average house price$200,717
average size per house2227 ft²
average price per ft²91 $ / ft²

04/23/2026 - The value range (VR) for house prices in Marshall, IL is $68/ sqft to $68/ sqft. An average home with 2227 sqft costs approximately $151,436 to $151,436. Marshall, IL includes 1 ZIP codes and it is located in Clark county. The lowest prices are found in ZIP 62441, while the highest are in ZIP 62441. The average price per sqare feet is $91. Our analysis is based on 12 property listings.

Avergage prices by ZIP codes Marshall

6244170 $ / ft²




Historical development of home values in Marshall

Year Estimated value (USD) Change vs. 2025
2010 $93,217 -53.6%
2011 $89,612 -55.4%
2012 $89,371 -55.5%
2013 $92,711 -53.8%
2014 $97,321 -51.5%
2015 $102,316 -49.0%
2016 $107,655 -46.4%
2017 $113,466 -43.5%
2018 $119,739 -40.3%
2019 $125,291 -37.6%
2020 $131,768 -34.4%
2021 $149,872 -25.3%
2022 $174,717 -13.0%
2023 $184,247 -8.2%
2024 $194,906 -2.9%
2025 $200,717 0.0%

Graph: estimated home values in Marshall over time (USD)



Example: 100% financing house in Marshall

Loan amount: $200,717

Interest rate: 6.00%

Fixed monthly payment: $1,203.40

Breakdown in the 1st month:
Interest portion: $1,003.59  –  Principal portion: $199.81

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $11,975.97 $2,464.83 $198,252.17
2 $11,823.94 $2,616.85 $195,635.32
3 $11,662.54 $2,778.26 $192,857.06
4 $11,491.19 $2,949.61 $189,907.45
5 $11,309.26 $3,131.54 $186,775.91
6 $11,116.11 $3,324.68 $183,451.23
7 $10,911.05 $3,529.74 $179,921.49
8 $10,693.35 $3,747.45 $176,174.04
9 $10,462.21 $3,978.58 $172,195.45
10 $10,216.82 $4,223.97 $167,971.48
11 $9,956.30 $4,484.50 $163,486.98
12 $9,679.70 $4,761.09 $158,725.88
13 $9,386.05 $5,054.75 $153,671.13
14 $9,074.28 $5,366.51 $148,304.62
15 $8,743.29 $5,697.51 $142,607.11
16 $8,391.88 $6,048.92 $136,558.19
17 $8,018.79 $6,422.00 $130,136.19
18 $7,622.70 $6,818.10 $123,318.09
19 $7,202.17 $7,238.62 $116,079.46
20 $6,755.71 $7,685.09 $108,394.38
21 $6,281.71 $8,159.09 $100,235.29
22 $5,778.48 $8,662.32 $91,572.97
23 $5,244.20 $9,196.59 $82,376.38
24 $4,676.98 $9,763.82 $72,612.56
25 $4,074.77 $10,366.03 $62,246.53
26 $3,435.41 $11,005.38 $51,241.15
27 $2,756.63 $11,684.17 $39,556.98
28 $2,035.97 $12,404.83 $27,152.15
29 $1,270.87 $13,169.93 $13,982.22
30 $458.58 $13,982.22 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Marshall, IL


1500 sqft3900 sqft
Ø selling price$165,165$351,351
Ø fast selling$150,150$316,216
Ø high price sale$180,180$386,487

In 2026, houses in Marshall, IL will be offered at an average price of $91 per square foot. A 1,500 sqft home priced at $165,165 is 23.35% more expensive per square foot than a 3,900 sqft home priced at $351,351. Home prices in Marshall, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $243,244. Sellers who can wait longer may achieve a higher price of up to $297,297.


Discover Marshall, IL

Marshall, IL is a welcoming small city and the county seat of Clark County, offering classic Midwestern charm with modern convenience. Situated along the historic National Road (U.S. Route 40) and just off I-70, Marshall provides easy access to Terre Haute and the greater Wabash Valley.

History and Location

Founded in the 1830s by pioneer leader William B. Archer, Marshall, Illinois preserves a rich heritage reflected in its downtown architecture. Visitors can explore local landmarks and interpretive displays that celebrate the town?s role on the National Road and in Illinois history.
A stroll through downtown Marshall reveals boutique shops, cafes, and friendly storefronts that make the city a memorable stop.

Things to Do and Attractions

Outdoor enthusiasts enjoy nearby Lincoln Trail State Park, where hiking, fishing, and peaceful lake views create a perfect day trip. Family-friendly parks, seasonal festivals, and community events offer plenty of things to do in Marshall, IL throughout the year. Public art and local galleries add color to the streetscape, while eateries serve hearty comfort food and regional favorites.

Living and Business

With affordable housing, quality schools, and low commute times, Marshall, Illinois appeals to families, retirees, and remote workers alike. Whether you are planning a weekend getaway, scouting business opportunities, or seeking small-town living, Marshall, IL delivers a warm welcome and lasting value.



FAQ – Home Values in Marshall

What is the median home value in Marshall in 2026?

In 2026, the typical home value in Marshall is about $200,717 for an average home size of 2227 square feet. This corresponds to an average price of roughly $91 per square foot.

What is the average cost per square foot in Marshall?

In 2026, homes in Marshall sell for an average of around $91 per square foot, with a typical range between $68 and $68 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Marshall is about 2227 square feet, with an estimated 2026 value around $200,717.



Locations close to Marshall, IL

Martinsville, IL78 $ / ft²
Mason, IL113 $ / ft²
Mode, IL140 $ / ft²
Lerna, IL95 $ / ft²
Lawrenceville, IL61 $ / ft²
Lakewood, IL45 $ / ft²
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