Marion, AR has seen an increase in median housing value over the past year, with the current median value being $204,100. This is significantly lower than the US House Median Value of $338,100 and much larger than the US 1 year House Appreciation of 8.27%. The Housing 1 year appreciation in Marion is 15.07%, which indicates that the real estate market in Marion is booming and growing at a faster rate than other areas across the country. This strong appreciation rate means that people who invest in Marion’s housing market are likely to receive a large return on their investment in a relatively short amount of time.
The median home cost in Marion (zip 72364) is $204,100. Home appreciation the last 10 years has been 57.5%. Home Appreciation in Marion (zip 72364) is up 17.9%.
Average Age of Homes
- The median age of Marion (zip 72364) real estate is 22 years old
The Rental Market in Marion (zip 72364)
- Renters make up 26.9% of the Marion (zip 72364) population
- 1.3% of houses and apartments in Marion (zip 72364), 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.