Zip 24354 (Marion, VA) Housing

The housing market in 24354 Marion, VA is doing well compared to the US median value, with the median value in Marion at $131,800 while the US median house value is $338,100. Furthermore, Marion's one year house appreciation rate is 13.65%, which is much higher than the 8.27% for the US as a whole. This indicates that people are investing in this area and finding it a good investment opportunity.

The median home cost in Marion (zip 24354) is $131,800. Home appreciation the last 10 years has been 57.2%. Home Appreciation in Marion (zip 24354) is up 16.2%.

Average Age of Homes

- The median age of Marion (zip 24354) real estate is 45 years old

The Rental Market in Marion (zip 24354)

- Renters make up 29.6% of the Marion (zip 24354) population
- 1.8% of houses and apartments in Marion (zip 24354), 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, Virginia	United States
	7,119.0	139,647,020.0
	50	42
	$131,800	$338,100
	16.2%	16.6%
	47.5%	57.0%
	57.2%	101.1%
	$6.65	$10.98
	$763	$2,690
	54.4%	57.4%
	14.1%	11.2%
	31.4%	31.4%
Vacant Housing
	1.8%	1.9%
	0.0%	0.4%
	0.1%	0.7%
	0.7%	0.4%
	2.1%	3.6%
	9.5%	4.1%
Value of Owner-Occupied Housing
	3.9%	2.6%
	3.0%	2.4%
	8.1%	2.8%
	10.2%	3.9%
	15.7%	4.5%
	24.2%	11.3%
	15.9%	13.0%
	10.8%	20.1%
	5.3%	13.6%
	1.2%	8.3%
	0.5%	9.7%
	0.4%	3.9%
	0.7%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.1%	13.6%
	4.1%	13.6%
	11.3%	13.6%
	14.3%	13.2%
	20.9%	14.8%
	11.3%	13.6%
	14.8%	10.0%
	4.9%	4.7%
	9.8%	12.2%

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