Marion, NC is a great place to invest in housing. The median value of a house in Marion is $219,800, compared to the US median value of $338,100. In the past year, the appreciation rate for houses in Marion has been 18.83%, much higher than the national average of 8.27%. With such an appreciation rate, investing in housing in Marion can be a sound decision both financially and personally.
The median home cost in Marion is $219,800. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Marion is up 22.1%.
Average Age of Homes
- The median age of Marion real estate is 53 years old
The Rental Market in Marion
- Renters make up 40.5% of the Marion population
- 1.6% 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.