diff --git a/repl/format.go b/repl/format.go
index c6ef7e93e0..0aa19efd5c 100644
--- a/repl/format.go
+++ b/repl/format.go
@@ -16,6 +16,9 @@ func FormatValue(v cty.Value, indent int) string {
 	if !v.IsKnown() {
 		return "(known after apply)"
 	}
+	if v.IsMarked() {
+		return "(sensitive)"
+	}
 	if v.IsNull() {
 		ty := v.Type()
 		switch {
@@ -37,9 +40,6 @@ func FormatValue(v cty.Value, indent int) string {
 			return fmt.Sprintf("null /* %s */", ty.FriendlyName())
 		}
 	}
-	if v.IsMarked() {
-		return "(sensitive)"
-	}
 
 	ty := v.Type()
 	switch {