Housing in 46953 Marion, IN is relatively affordable compared to the national median value. The median value of housing in 46953 Marion is $78,500, which is 77% lower than the US house median value of $338,100. Furthermore, houses in this area have appreciated by 9.99% over one year, which is higher than the US 1 year house appreciation rate of 8.27%. Therefore, it is a great time to invest in real estate here and reap the benefits of its consistent growth and affordability.
The median home cost in Marion (zip 46953) is $78,500. Home appreciation the last 10 years has been 72.1%. Home Appreciation in Marion (zip 46953) is up 10.5%.
Average Age of Homes
- The median age of Marion (zip 46953) real estate is 54 years old
The Rental Market in Marion (zip 46953)
- Renters make up 29.1% of the Marion (zip 46953) population
- 1.7% of houses and apartments in Marion (zip 46953), 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.