Housing in Marion, IN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$145,000
Median List Price
$164,950
Price Per Sq Ft
$85
Days on Market
51
Active Inventory
77
Months of Supply
3.7
Seller's market
Zillow Home Value
$132,406
ZHVI — January 2026
Zillow Rent Index
$840
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
18.2%
Sale-to-List Ratio
89.1%
Buyer's market
Market Activity
Source: RedfinHomes Sold
21
New Listings
20
Pending Sales
33
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$85
Median List $/SF
$104
Marion vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 25,000 - 50,000 residents. Marion is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$83,200
Median Rent
$760
Total Housing Units
12,906
Vacancy Rate
15.6%
Owner Occupied
58.9%
Renter Occupied
41.1%
Median Property Tax
$687
per year
Monthly Cost (w/ Mortgage)
$607
Housing Types
The current median sale price in Marion, IN is $145,000 according to Redfin data. Homes spend a median of 51 days on the market. 0.0% of homes sold above asking price. The market has 3.7 months of supply. The median price per square foot is $85. Zillow's observed rent index is $840/month. About 58.9% of housing units are owner-occupied. The median year homes were built is 1958. There are 12,906 total housing units.