Marion, SD Housing Market & Real Estate

Balanced market

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Marion, SD is $62,500. Homes sell in an average of 155 days with 1 active listings. The market is currently a balanced market.

$62,500median sale price

Is Marion a buyer's or seller's market?

Balanced market1.0 months of supply155 avg. days on market

Marion, SD is currently a balanced market, based on 1.0 months of supply and homes selling in about 155 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

155

Average pace

Active listings

1

1.0 months supply

Sale-to-list

90.6%

Below asking

Marion, SD market data

Current housing market statistics for Marion, SD
MetricValue
Median sale price$62,500
Average days on market155 days
Active inventory1 listings
Months of supply1.0 months
Sale-to-list price ratio90.6%
Market conditionBalanced market

Source: Redfin · Updated weekly

The Marion housing market is currently classified as a balanced market with a median sale price of $62,500. Prices have fallen 0.0% compared to last year, with homes spending an average of 155 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Marion

There are currently 1 homes listed for sale in Marion, South Dakota.

Active listings

1

Homes on market

Avg. days on market

155

Days until sale

Price drops:100.0%of listings
Sale-to-list:90.6%

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Frequently asked questions

What is the average home price in Marion?

The median home sale price in Marion is $62,500, down 0.0% from last year.

How long do homes stay on market in Marion?

Homes typically spend 155 days on market before going under contract.

Is Marion a buyer's or seller's market?

With 1.0 months of supply, Marion is currently a balanced market.

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