Marion Metro Area, OH Housing

The housing market in the Marion, OH Metro Area is doing very well. The median value of a house in the area is $145,600, which is significantly lower than the national median at $338,100. Over the course of the last year, appreciation for homes have also been strong with an 11.04% increase compared to the 8.27% increase seen nationally over the same time period. This makes property in Marion a great investment option as it offers higher returns at a more affordable price point than other parts of the country.

The median home cost in Marion Metro Area is $145,600. Home appreciation the last 10 years has been 89.4%. Home Appreciation in Marion Metro Area is up 16.5%.

Average Age of Homes

- The median age of Marion Metro Area real estate is 56 years old

The Rental Market in Marion Metro Area

- Renters make up 27.9% of the Marion Metro Area population
- 0.8% of houses and apartments in Marion Metro Area, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Marion, Ohio	United States
	27,428.0	139,647,020.0
	59	42
	$145,600	$338,100
	16.5%	16.6%
	60.1%	57.0%
	89.4%	101.1%
	$11.57	$10.98
	$1,328	$2,690
	59.5%	57.4%
	11.6%	11.2%
	28.9%	31.4%
Vacant Housing
	0.8%	1.9%
	0.1%	0.4%
	0.9%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	9.7%	4.1%
Value of Owner-Occupied Housing
	4.1%	2.6%
	4.1%	2.4%
	6.8%	2.8%
	13.8%	3.9%
	13.7%	4.5%
	20.6%	11.3%
	15.9%	13.0%
	14.3%	20.1%
	4.5%	13.6%
	0.8%	8.3%
	1.1%	9.7%
	0.3%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.7%	13.6%
	6.7%	13.6%
	9.5%	13.6%
	6.1%	13.2%
	15.3%	14.8%
	9.5%	13.6%
	12.9%	10.0%
	5.0%	4.7%
	29.8%	12.2%

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