Buildocrat US Land Value Book

Land and home values in Marshall County, Illinois

Marshall County (suburban, Peoria, IL) covers 387 square miles and 5 census tracts. Residential land is about $1.50 per sq ft at the county median, from $1.20 in its most rural tracts to $1.66 in its most valuable. The typical home is worth about $171,000 and a 2-bedroom rents for about $930 a month, as of October 12, 2026.

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County values

Land: residential$1.50per sq ft
Land: residential$65,558per acre
Land: quarter-acre lot$16,38910,890 sq ft
Land: farmland$11,800per acre
Home: typical (median)$171,000value
Home: entry-level$108,000lower quartile
Home: upper-end$266,000upper quartile
Build new$194per sq ft, no land
Rent: 1-bedroom$725per month
Rent: 2-bedroom$930per month
Rent: 3-bedroom$1,200per month
Rent: 4-bedroom$1,290per month
Gross yield, 2-bed6.5%a year

Price tiers

TierTractsLand $/sq ftTypical homeRent 2-bed
Mid2$1.66$188,000$940
Entry1$1.20$136,000$915
Rural2$1.41$160,000$910

Tiers rank neighborhoods by home value within each metro area; outside metro areas they follow how built-up the land is. They describe prices only.

Highest-value places

PlaceTypeLand $/sq ftTypical home
HopewellTown$2.09$215,000
WenonaTown$1.90$119,000
LaconTown$1.61$143,000
SparlandTown$1.60$98,200
La RoseTown$1.58$85,600
TolucaTown$1.57$133,000
VarnaTown$1.54$105,000
HenryTown$1.20$137,000

Questions people ask

How much is land worth in Marshall County, IL?

Residential land in Marshall County, IL is about $1.50 per square foot, or $65,558 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $16,389. Smaller lots sell for more per square foot and large tracts for less.

What is the typical home value in Marshall County, IL?

The typical (median) home in Marshall County, IL is worth about $171,000, with entry-level homes around $108,000 and upper-end homes around $266,000, as of October 2026.

How much is rent in Marshall County, IL?

A 2-bedroom rents for about $930 a month in Marshall County, IL, a 1-bedroom about $725 and a 3-bedroom about $1,200 (gross rent including utilities, HUD Fair Market Rent basis).

How much is farmland per acre in Marshall County, IL?

Farmland averages about $11,800 an acre in Marshall County, IL (USDA, including buildings), well below residential land.

Is this an appraisal?

No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.

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