Marion, NY is a great place to buy a home. According to data from the area, the Median Value of houses in Marion is $185,800 - significantly lower than the US House Median Value of $338,100. Furthermore, over the past year the US House Appreciation rate has been 8.27%, while in Marion it has been 14.78%. This indicates that investing in housing in Marion is an excellent opportunity for potential buyers and investors alike, who can expect to see their investment appreciate at a greater rate than the national average.
The median home cost in Marion (zip 14505) is $185,800. Home appreciation the last 10 years has been 68.7%. Home Appreciation in Marion (zip 14505) is up 15.3%.
Average Age of Homes
- The median age of Marion (zip 14505) real estate is 45 years old
The Rental Market in Marion (zip 14505)
- Renters make up 13.9% of the Marion (zip 14505) population
- 0.0% of houses and apartments in Marion (zip 14505), 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.