The housing market in Marion, SC is very vibrant - the median value of a home there is currently at $127,700, which is significantly lower than the US house median value of $338,100. Over the course of the last year, the appreciation rate for homes in Marion has been 15.54%, more than double the national rate of 8.27%. This high appreciation rate indicates that now is an excellent time to purchase a home in Marion. With many affordable options available and increasing home values, it's no wonder buyers are flocking to Marion.
The median home cost in Marion is $127,700. Home appreciation the last 10 years has been 81.7%. Home Appreciation in Marion is up 21.9%.
Average Age of Homes
- The median age of Marion real estate is 42 years old
The Rental Market in Marion
- Renters make up 42.0% of the Marion population
- 3.9% 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.