Is Marissa, IL 62257 a buyer’s or seller’s market?
Marissa is a seller’s market. With about 1.1 months of supply and 17% 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 Marissa housing market right now
In the three months ending August 31, 2026, 17% of homes in Marissa, IL 62257 sold above their list price, the typical home went under contract in 127 days and there were 1.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 6 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 40%, homes sold more slowly (124 days then) and the median sale price rose 47% to $102,789. Overall, Marissa is less competitive than a year ago, which gives buyers more room.
Within St. Clair County, homes here sell more slowly than in 96% of the county’s ZIP codes, and sell less often over asking than in 75%.
Nearby, buyers who want less competition could look at Summerfield 62289 (0% sold over asking) or Saint Libory 62282 (0% sold over asking), while East Carondelet 62240 (75% sold over asking) and Freeburg 62243 (57% sold over asking) are even more competitive.
Run the numbers for 62257
Nearby markets
Belleville 62220Seller’s market $112 /sq ftBelleville 62221Seller’s market $136 /sq ftBelleville 62223Seller’s market $116 /sq ftBelleville 62226Seller’s market $120 /sq ft Browse all markets →Towns like Marissa nearby
Find towns like Marissa in other states →Where Marissa is
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Questions about Marissa real estate
Is Marissa a buyer’s or seller’s market?
A seller’s market: there were 1.1 months of supply in Marissa, IL 62257 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 Marissa?
The typical home went under contract in 127 days in the latest three months.
Do homes in Marissa sell over asking?
17% of homes sold above their original list price, and the typical sale closed at 91.4% of the list price.
What are property taxes in Marissa?
About 2.03% of a home’s value a year in St. Clair County, or roughly $8,120 on a $400,000 home.
What is the median home price in Marissa?
The median sale price was $102,789 in the three months ending August 31, 2026, about $67 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology