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Featured local agent — Marion, OH
Sarah Mitchell
Compass Real Estate · Marion, OH
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Marion, OH Housing Market & Real Estate
Housing market overview · Updated monthly ·
$159,000median sale price
How is the Marion, OH housing market right now?
The median home sale price in Marion, OH is $159,000, down 10.5% year-over-year. Homes sell in an average of 46 days with 108 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — 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, OH is currently a seller's market, based on 2.2 months of supply and homes selling in about 46 days. How we determine this →
Homes sold
50
Last 12 weeks
Days on market
46
Average pace
Active listings
108
2.2 months supply
Sale-to-list
100.3%
Above asking
What does the Marion housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $159,000 |
| Median list price | $150,000 |
| Year-over-year price change | -10.5% |
| Average days on market | 46 days |
| Active inventory | 108 listings |
| Months of supply | 2.2 months |
| Sale-to-list price ratio | 100.3% |
| Median price per sq ft | $127/sq ft |
| Homes sold (latest month) | 50 |
| New listings (latest month) | 45 |
| Listings with a price cut | 41.7% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Marion by property type?
How the Marion, OH market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $155,000 | $131/sq ft | 47 | 45 days |
| Condo / Co-op | $292,450 | $190/sq ft | 2 | 37 days |
Source: Redfin · Updated monthly
The Marion housing market is currently classified as a seller's market with a median sale price of $159,000. Prices have fallen 10.5% compared to last year, with homes spending an average of 46 days on market, indicating 2.2 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 3.8x provides context for how home values compare to local earning capacity.
Homes for sale in Marion
There are currently 108 homes listed for sale in Marion, Ohio. The median listing price is $150K.
Active listings
108
Homes on market
Median list price
$150K
Avg. days on market
46
Days until sale
New this week
45
Newly listed
Who lives in Marion?
Population
35,771
Median income
$45,829/yr
Median age
38 years
Owner-occupied
56.3%
College grads
10.1%
Avg commute
20.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Marion?
Zillow home value
$172,686
Zillow rent index
$1,205/mo
Price-to-rent ratio
11.9x
Price-to-income
3.8x
Source: Zillow Research
What is it like to live in Marion?
Marion is a community of approximately 36K residents with a median age of 38 years.The median household income is $45,829, which represents a working-class community with solid middle-income opportunities. 10.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 56.3%, showing a blend of owner and renter-occupied properties. The average commute time is 20.2 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 public schools serve Marion?
19 schools tracked · 10,377 students
The largest public schools serving Marion, OH by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
TRECA Digital Academy
Grades K-12 · 2,159 students
Harding High School
Grades 9-12 · 978 students
Ulysses S. Grant Middle School
Grades 6-8 · 936 students
Buckeye Community School - Marion
Grades 9-12 · 570 students
Tri-Rivers Career Center
Grades 10-12 · 567 students
Heritage Elementary School
Grades K-5 · 498 students
Pleasant Elementary School
Grades K-4 · 489 students
Elgin Elementary School
Grades K-5 · 465 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Marion, OH?
Want a head-to-head view? Compare Marion side-by-side with any other U.S. city using our market-comparison tool.
Is Marion a good real estate investment market?
For investors evaluating Marion, the price-to-rent ratio of 11.9x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has softened 10.5% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Marion's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Marion's median home price.
Frequently asked questions
What is the average home price in Marion?
The median home sale price in Marion is $159,000, down 10.5% from last year.
How long do homes stay on market in Marion?
Homes typically spend 46 days on market before going under contract.
What is the median income in Marion?
The median household income is $45,829 per year.
Is Marion a buyer's or seller's market?
With 2.2 months of supply, Marion is currently a seller's market.
What is the Zillow home value estimate for Marion?
The Zillow Home Value Index (ZHVI) for Marion is $172,686, representing the typical home value in the area.
What is the median condo price in Marion?
The median condo/co-op sale price in Marion, OH is $292,450, compared to $155,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Marion?
The median single-family home price in Marion, OH is $155,000 (about $131 per square foot).
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