The housing market in Marion, AR County is experiencing a strong appreciation rate at 17.64% compared to the national average of 8.27%. The median value of a home in Marion County is currently $175,900, much lower than the national median value of $338,100. Despite the lower median values for homes in Marion County, buyers and investors should take note of the higher than average appreciation rate of 17.64%, as Marion County could be a good investment opportunity for potential homeowners looking to get into the housing market.
The median home cost in Marion County is $175,900. Home appreciation the last 10 years has been 72.5%. Home Appreciation in Marion County is up 23.4%.
Average Age of Homes
- The median age of Marion County real estate is 35 years old
The Rental Market in Marion County
- Renters make up 15.4% of the Marion County population
- 1.9% of houses and apartments in Marion County, 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.