The housing market in Marion, FL County is thriving, with the median value of a house being $270,500 compared to the US House Median Value of $338,100. Furthermore, in the past year, the US House Appreciation rate was 8.27%, while in Marion County it was 21.59%. These numbers reflect that Marion County offers a great opportunity for those looking to invest or buy a home here. With such high appreciation rates and relatively low median values compared to the national average, this makes Marion County an attractive option for potential homeowners.
The median home cost in Marion County is $270,500. Home appreciation the last 10 years has been 171.7%. Home Appreciation in Marion County is up 28.8%.
Average Age of Homes
- The median age of Marion County real estate is 27 years old
The Rental Market in Marion County
- Renters make up 19.6% of the Marion County population
- 1.4% of houses and apartments in Marion County, 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.