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Illinois Valley Times

Tuesday, August 5, 2025

Marseilles home prices fall in the fourth quarter of 2018

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The median sale price of a home sold in the fourth quarter of 2018 in Marseilles fell by $2,000 while total sales increased by 13%, according to BlockShopper.com.

From October through December of 2018, there were 26 homes sold, with a median sale price of $95,000 - a 2.1% decrease over the $97,000 median sale price for the same period of the previous year. There were 23 homes sold in Marseilles in the fourth quarter of 2017.

The median sales tax in Marseilles for the most recent year with available data, 2017, was $3,022.30, approximately 3.2% of the median home sale price for the fourth quarter of 2018.

The following table compares Marseilles to other LaSalle County cities with similar median sales prices in the fourth quarter of 2018:

CityOct. - Dec. 2018 Home SalesOct. - Dec. 2017 Home Sales% change (Total Home Sales)Oct. - Dec. 2018 Median Sales PriceOct. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Grand Ridge50-$132,500$0-
Ottawa7993-15.1%$124,000$97,50027.2%
Mendota2129-27.6%$115,000$82,50039.4%
Leland660%$100,000$111,000-9.9%
Tonica51400%$100,000$225,000-55.6%
Marseilles262313%$95,000$97,000-2.1%
Peru2836-22.2%$89,500$90,250-0.8%
LaSalle2529-13.8%$53,000$85,500-38%
Rutland20-$51,037.50$0-
Dayton110%$50,000$66,500-24.8%
Oglesby1114-21.4%$44,500$105,875-58%

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