The housing market in Marion, OH is thriving compared to the US market. According to data, the median value of a house in Marion is $102,900 whereas the US median value is $338,100. In addition, the appreciation rate for houses in Marion is 16.98% while the US rate is 8.27%. This indicates that Marion has seen greater growth over the past year than other locations in the US and this trend could be a sign of an even more prosperous future for housing in the area.
The median home cost in Marion is $102,900. Home appreciation the last 10 years has been 89.4%. Home Appreciation in Marion is up 16.5%.
Average Age of Homes
- The median age of Marion real estate is 65 years old
The Rental Market in Marion
- Renters make up 35.2% of the Marion population
- 0.8% of houses and apartments in Marion, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.