The housing market in Marion, OR County is thriving. The median value of a house in the county is $411,100, significantly higher than the US House median value of $338,100. Additionally, the one year appreciation rate for houses in Marion, OR County is 11.95%, much higher than the national one year appreciation rate of 8.27%. This shows that investing in real estate in Marion, OR County is a secure and lucrative option for those looking to purchase a home or invest in property.
The median home cost in Marion County is $411,100. Home appreciation the last 10 years has been 144.0%. Home Appreciation in Marion County is up 13.9%.
Average Age of Homes
- The median age of Marion County real estate is 40 years old
The Rental Market in Marion County
- Renters make up 37.8% of the Marion County population
- 2.0% 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.