Marissa's October First-Time Homebuyer Report

Marissa is younger than the rest of Illinois, with a median age of 40. It's much less affluent than average as well, with a median income of $37,563 per household. The Marissa market almost exclusively consists of detached houses, accounting for 100% of the current homes in the area. The top school in the city is Marissa Jr & Sr High School.

Price Range

The median value of homes in Marissa is $47,100, making it one of the lower priced areas in Illinois. At the same time, the average list price of available homes is presently $66,914. The Marissa market saw sales remain flat this week with two homes sold over the last 30 days and new listings also remain flat at three.

Make sure you take a look at these eye-catching homes in Marissa that generated the most views from potential buyers:

$135K   $162K  

Typical Dwelling

The typical dwelling in Marissa is a three-bedroom detached home worth about $64,413. To purchase a similar home, a buyer with good credit and a $12,883 cash down payment could obtain a mortgage with a 3.95% interest rate and a $462 monthly payment. The property tax rate is $16.45 per $1,000 of taxable assessed value.

Get started right now by checking out Marissa homes for sale or reviewing Marissa real estate trends.


Data reported through 10/13/2016

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