The housing market in Marion, OR is thriving. According to the latest figures, the median value of a house in Marion is $305,700, which is slightly below the US House Median Value of $338,100. However, the one year appreciation rate for houses in Marion was 9.26%, higher than the US rate of 8.27%. This shows that even though it might cost a little less to buy a house in Marion than the US average, you can expect that your investment will likely appreciate at a faster rate. This has resulted in an attractive housing market in Marion for both buyers and sellers.
The median home cost in Marion is $305,700. Home appreciation the last 10 years has been 144.5%. Home Appreciation in Marion is up 14.2%.
Average Age of Homes
- The median age of Marion real estate is 58 years old
The Rental Market in Marion
- Renters make up 0.0% 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.