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Featured local agent — Marion, MS
Sarah Mitchell
Compass Real Estate · Marion, MS
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Marion, MS Housing Market & Real Estate
Housing market overview · Updated monthly ·
$336,500median sale price
How is the Marion, MS housing market right now?
The median home sale price in Marion, MS is $336,500 with 3 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of September 2024 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Marion a buyer's or seller's market?
Marion, MS is currently a balanced market, based on 3.0 months of supply. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
—
Average pace
Active listings
3
3.0 months supply
Sale-to-list
—
Below asking
What does the Marion housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $336,500 |
| Median list price | $219,000 |
| Active inventory | 3 listings |
| Months of supply | 3.0 months |
| Median price per sq ft | $150/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 1 |
| Listings with a price cut | 33.3% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Marion by property type?
How the Marion, MS market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $336,500 | $150/sq ft | 1 | — |
Source: Redfin · Updated monthly
The Marion housing market is currently classified as a balanced market with a median sale price of $336,500. Prices have fallen 0.0% compared to last year, indicating 3.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.0x provides context for how home values compare to local earning capacity.
Homes for sale in Marion
There are currently 3 homes listed for sale in Marion, Mississippi. The median listing price is $219K.
Active listings
3
Homes on market
Median list price
$219K
New this week
1
Newly listed
Who lives in Marion?
Population
2,033
Median income
$57,292/yr
Median age
27.4 years
Owner-occupied
57.6%
College grads
25.9%
Avg commute
21.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Marion?
Zillow home value
$169,047
Price-to-income
3.0x
Source: Zillow Research
What is it like to live in Marion?
Marion is a community of approximately 2K residents with a median age of 27.4 years.The median household income is $57,292, which represents a working-class community with solid middle-income opportunities. 25.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 57.6%, showing a blend of owner and renter-occupied properties. The average commute time is 21.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Marion offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Marion, MS?
Want a head-to-head view? Compare Marion side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Marion?
The median home sale price in Marion is $336,500, down 0.0% from last year.
What is the median income in Marion?
The median household income is $57,292 per year.
Is Marion a buyer's or seller's market?
With 3.0 months of supply, Marion is currently a balanced market.
What is the Zillow home value estimate for Marion?
The Zillow Home Value Index (ZHVI) for Marion is $169,047, representing the typical home value in the area.
How much does a single-family home cost in Marion?
The median single-family home price in Marion, MS is $336,500 (about $150 per square foot).
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