The median value of housing in Marion, IN is $103,900, significantly lower than the US house median value of $338,100. However, the one year appreciation for housing in Marion, IN has been higher than the national average at 9.99%, compared to 8.27%. This suggests that even though Marion's housing prices may be considered affordable when compared to the rest of the country, they are also increasing in value over time.
The median home cost in Marion is $103,900. Home appreciation the last 10 years has been 72.1%. Home Appreciation in Marion is up 10.5%.
Average Age of Homes
- The median age of Marion real estate is 59 years old
The Rental Market in Marion
- Renters make up 35.6% of the Marion population
- 4.6% 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.