Home Value Trail

Marion-Herrin, IL micropolitan area: home price history and building permits

Illinois1 county67,225 residents (2025 estimate)

  • FHFA annual index 1979 to 2025
  • Developmental index
  • Release of

The FHFA annual house price index for Marion-Herrin, IL increased by 54.3% from 2015 to 2025. From 2020 to 2025, the index increased by 45.7%. From 2024 to 2025, the index increased by 5.0%.

2015

+54.3%

From 2015 to 2025, the FHFA annual all-transactions index for Marion-Herrin, IL increased by 54.3%.

From 2015 to 2025, the average change in each year is +4.4%, compounded.

Same span at each level: 2015 to 2025
AreaChangeBar
Marion-Herrin, IL+54.3%
Illinois+64.6%
United States+85.0%
Marion-Herrin, IL FHFA annual all-transactions index, 100 in 1979
  • Marion-Herrin, IL
  • United States, set to the same start
  • Recession (NBER dates)
  • Your span
Index values for each year
FHFA annual all-transactions index for Marion-Herrin, IL, 1979 to 2025
YearIndexChange from the year before
2025331.31+5.0%
2024315.40+6.8%
2023295.31+9.2%
2022270.38+9.5%
2021247.01+8.6%
2020227.46+2.3%
2019222.38+0.7%
2018220.83+1.2%
2017218.16+0.2%
2016217.63+1.4%
2015214.69+1.7%
2014211.05−0.7%
2013212.58+0.7%
2012211.12−0.3%
2011211.65+1.7%
2010208.21−1.8%
2009212.11−0.2%
2008212.48−0.2%
2007212.93+4.0%
2006204.74+5.6%
2005193.83+4.8%
2004185.01+5.2%
2003175.88+1.2%
2002173.80+1.6%
2001171.10+5.2%
2000162.67+4.0%
1999156.40−0.2%
1998156.70+3.5%
1997151.35+2.8%
1996147.23+2.2%
1995144.02+8.7%
1994132.45+3.3%
1993128.25+4.5%
1992122.68+2.8%
1991119.29+1.8%
1990117.20−0.8%
1989118.14+8.0%
1988109.35−7.0%
1987117.60−0.7%
1986118.38+3.2%
1985114.67n/a
1979100.00n/a

Each figure is the change of the FHFA annual all-transactions index, from the year that you pick to 2025. It is a change for the area. It is not the change in the value of your home, and it does not use the price that you paid.

The average for each year is a compounded annual change. The guide to values explains more.

When using the FHFA House Price Calculator, please note that it does not project the actual value of any particular house.

FHFA, about its own House Price Calculator: Federal Housing Finance Agency, House Price Index Datasets, HPI Calculator, copied on . The calculator of FHFA uses quarterly figures. For the states and the 100 largest metro areas it uses the purchase-only index. Its figures can differ from the figures here.

Since the last FHFA release

No recorded FHFA release changed a figure of Marion-Herrin, IL. The record of releases starts with the next FHFA release. FHFA releases recorded by this site

Same span, every level

Change in the FHFA annual index to 2025: Marion-Herrin, IL and the areas above it
Area1 year2024 to 20255 years2020 to 202510 years2015 to 202520 years2005 to 2025Since 20002000 to 2025Each yearaverage of 10 years
Marion-Herrin, IL+5.0%+45.7%+54.3%+70.9%+103.7%+4.4%
Illinois+5.7%+46.9%+64.6%+44.9%+95.6%+5.1%
United States+2.8%+47.0%+85.0%+79.1%+158.3%+6.3%

Each row uses FHFA's annual all-transactions index and the same two years.

Drawdowns

A drawdown is a decline of 5% or more of the annual index from a peak.

Drawdowns of the index of Marion-Herrin, IL, deepest first
PeakLowDeclineBack at the peak
19861988−7.6%1991

Decade by decade

Change in the index of Marion-Herrin, IL in each decade
DecadeChangeUnited StatesBar
1990s1990 to 2000+38.8%+33.9%
2000s2000 to 2010+28.0%+29.7%
2010s2010 to 2020+9.2%+35.5%
2020s so far2020 to 2025+45.7%+47.0%

The index is 100 in the first year with a value for the area (1979 here). The change in a decade is the index at the end of the decade divided by the index at the start. The base year has no effect on it.

Building permits in the area

In the 12 months to August 2026, building permits in the county of the area authorized 148 housing units. That is 2.2 units for each 1,000 residents.

Housing units authorized by month, latest 60 months
  • Units in buildings with 1 unit
  • Units in buildings with 2 or more units
Units for each month
Housing units authorized by building permits in the Marion-Herrin, IL micropolitan area, by month
MonthAll units1 unit2 or more units
Aug 202618108
Jul 20261174
Jun 20261688
May 2026963
Apr 20261156
Mar 20261578
Feb 2026633
Jan 20261073
Dec 2025844
Nov 2025624
Oct 2025281018
Sep 20251046
Aug 20251174
Jul 20251248
Jun 20251284
May 20251156
Apr 20251064
Mar 2025954
Feb 20251266
Jan 2025945
Dec 2024743
Nov 20241064
Oct 2024954
Sep 20241174
Aug 20241468
Jul 2024844
Jun 20241183
May 2024963
Apr 20241064
Mar 202415411
Feb 20241156
Jan 20241064
Dec 2023853
Nov 20231156
Oct 2023936
Sep 202315114
Aug 20231266
Jul 20231064
Jun 2023844
May 20231174
Apr 20231046
Mar 2023835
Feb 2023220
Jan 202313112
Dec 2022000
Nov 2022624
Oct 202220416
Sep 2022220
Aug 202224915
Jul 2022440
Jun 2022550
May 2022440
Apr 202215510
Mar 202226260
Feb 202210100
Jan 2022511338
Dec 2021000
Nov 2021000
Oct 2021000
Sep 2021000
Housing units authorized by year, 1995 to 2025
  • Units in buildings with 1 unit
  • Units in buildings with 2 or more units
Units for each year
Housing units authorized by building permits in the Marion-Herrin, IL micropolitan area, by year
YearAll units1 unit2 or more units
20251416873
20241388058
20231296663
20221466383
2021938112
20201781735
201917816810
201822918742
20171187741
20161137934
2015997227
20141157738
20131588573
201221414173
201120579126
20101287850
200914910544
20081477572
200728022555
200630624759
2005341202139
200434926584
2003316182134
200223716869
20011591572
200014513510
199923714394
19981241240
19971281280
19961371370
19951421420

The counts are the sums of the county files of the Building Permits Survey for the counties of the area (OMB delineation of July 2023).

Counties of the area

Counties of the Marion-Herrin, IL micropolitan area, by name
CountyState1 year10 yearsUnits, 12 months
Williamson CountyIL+5.0%+54.3%148

Agency pages

  • FHFA House Price IndexFederal Housing Finance AgencyThe index page of FHFA: data, tools and the release dates.
  • FHFA HPI CalculatorFederal Housing Finance AgencyThe calculator of FHFA. It works by quarter, for a state or a metro area.
  • Building Permits SurveyUS Census BureauThe survey of housing units that building permits authorize.

Each link loaded on .

Cite this page

Home Value Trail. Marion-Herrin, IL home price history. https://homevaluetrail.com/metro/32060-marion-herrin/. Source: Federal Housing Finance Agency, annual house price index for CBSAs (developmental); US Census Bureau, Building Permits Survey. FHFA release of .

Where the figures come from

Index
FHFA annual house price index for CBSAs, all transactions, 1979 to 2025. Release of March 31, 2026.
Other levels
FHFA annual indexes for the states and the United States, from the same release.
Building permits
US Census Bureau, Building Permits Survey, county files through August 2026, added for the counties of the area.
Counties of the area
OMB delineation of core based statistical areas, July 2023.
Residents
US Census Bureau, population estimates for 2025.

All files are works of the US government, in the public domain. To report an error, see Corrections.

Questions

Which years had the largest changes in the index for Marion-Herrin, IL?
The largest increase in one year was 9.5%, from 2021 to 2022. The largest decrease in one year was 7.0%, from 1987 to 1988.
How did the index for Marion-Herrin, IL change over 20 years?
From 2005 to 2025, the index for Marion-Herrin, IL increased by 70.9%. In the same years, the index for Illinois increased by 44.9%. In the same years, the index for the United States increased by 79.1%.
What is the highest value of the index for Marion-Herrin, IL?
The index is 100 in 1979, the first year with a value for this area. The highest annual value is 331.31, in 2025.
Which counties are in the Marion-Herrin, IL area?
The area has 1 county in the delineation of July 2023. The Census Bureau estimates 67,225 residents for 2025.