The housing in Marion, NY is quite impressive, with a median value of $182,200 that is significantly lower than the US median value of $338,100. This means that overall, Marion offers more affordable housing than the United States as a whole. Additionally, the one-year house appreciation rate in Marion is 14.78% which is much higher than the average US rate of 8.27%. This suggests that investing in real estate here may be especially beneficial for potential buyers and homeowners alike.
The median home cost in Marion is $182,200. Home appreciation the last 10 years has been 68.7%. Home Appreciation in Marion is up 15.3%.
Average Age of Homes
- The median age of Marion real estate is 48 years old
The Rental Market in Marion
- Renters make up 15.0% of the Marion population
- 0.0% 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.