The housing in Marion, TN County has seen a healthy increase in median value over the last year. The median value for houses in this area is $186,100, which is significantly lower than the US house median value of $338,100. However, this area has seen a greater appreciation rate than the national average of 8.27%, with a 1 year house appreciation rate of 15.74%. This indicates that there is strong growth and demand for housing in Marion County and its surrounding areas.
The median home cost in Marion County is $186,100. Home appreciation the last 10 years has been 99.2%. Home Appreciation in Marion County is up 22.8%.
Average Age of Homes
- The median age of Marion County real estate is 34 years old
The Rental Market in Marion County
- Renters make up 23.1% of the Marion County population
- 1.1% 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.