Is Marine, IL 62061 a buyer’s or seller’s market?
Marine is a seller’s market. With about 3.2 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Marine housing market right now
In the three months ending August 31, 2026, 0% of homes in Marine, IL 62061 sold above their list price, the typical home went under contract in 76 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 3 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 11%, homes sold more slowly (43 days then) and the median sale price rose 45% to $307,867. Overall, Marine is less competitive than a year ago, which gives buyers more room.
Within Madison County, homes here sell more slowly than in 96% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Saint Jacob 62281 (80% sold over asking) and Cottage Hills 62018 (63% sold over asking) are even more competitive.
Run the numbers for 62061
Nearby markets
Alhambra 62001Seller’s market $118 /sq ftAlton 62002Seller’s market $107 /sq ftBethalto 62010Seller’s market $141 /sq ftCollinsville 62234Seller’s market $127 /sq ft Browse all markets →Towns like Marine nearby
Find towns like Marine in other states →Where Marine is
Loading map…
Questions about Marine real estate
Is Marine a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Marine, IL 62061 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Marine?
The typical home went under contract in 76 days in the latest three months.
Do homes in Marine sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 94.3% of the list price.
What are property taxes in Marine?
About 1.92% of a home’s value a year in Madison County, or roughly $7,680 on a $400,000 home.
What is the median home price in Marine?
The median sale price was $307,867 in the three months ending August 31, 2026, about $193 per square foot.
Local agents
See all agents in 62061 →No sponsored agents in 62061 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 62061
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology