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Advertise here →Marshall, IL · Market Data
Marshall, Illinois real estate market data.
Real estate market data for Marshall, IL (Clark County) — Census median home value $118,500, county listing prices up about 3.1% over the past year.
Marshall, IL is in Clark County, Illinois — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 3,987, with a median household income of $70,950. Census data puts Marshall's median home value at $118,500.
At a glance
Marshall market snapshot
Population
3,987
Median Household Income
$70,950
Median Home Value (city)
$118,500
Median Gross Rent
$850/mo
Price Trend (YoY)
+3.1%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Marshall different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Marshall's median home value — across all owner-occupied homes, not just recent sales — at $118,500.
County Price Trend
Clark County's FHFA house price index shows a 3.1% annual change in 2025.
Population & Income
Marshall has an estimated population of 3,987 and a median household income of $70,950, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Marshall's Census-reported median home value works out to about 1.7x the area's median household income, and median gross rent runs roughly 14% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Marshall FAQ
What are home values like in Marshall, IL?
The Census Bureau's American Community Survey puts Marshall's median home value at $118,500.
What is the population of Marshall, IL?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Marshall's population at approximately 3,987.
What's the median rent in Marshall, IL?
The Census ACS estimates median gross rent in Marshall at approximately $850 per month.
What is the median household income in Marshall, IL?
Census ACS data puts the median household income in Marshall at approximately $70,950.
Is the Marshall housing market growing?
Clark County's FHFA house price index shows a 3.1% annual change in 2025.
Is Marshall, IL affordable relative to income?
Census ACS data puts Marshall's median home value at about 1.7 times the median household income, with median gross rent equal to roughly 14% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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