Photo: Nyttend · Public domain306 homes sold in Marion in the last year, at a typical $130K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Marion homes are listed.
Every place Marion homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Marion.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
4% of Marion’s sales are condos, at $55K more than a house
279 houses and 12 condos sold in the year to May 2026. Condos sell faster. Houses draw more bidding wars.
typical sale · 279 sold in 12 months
- Per square foot
- $95IN $148
- Days to sell
- 43
- Sold over asking
- 23%
- Listings with a price cut
- 31%
typical sale · 12 sold in 12 months
- Per square foot
- $127IN $160
- Days to sell
- 39
- Sold over asking
- 17%
- Listings with a price cut
- 67%
Multi-family (2–4 units): 15 sold, typical $98K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at 2.3 times the 2016 price
306 sales in the last year, against 403 in 2021 and a low of 20 in 2012. The typical sale went from $56K in 2016 to $130K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $150K buys in Marion
Check a listing against what Marion homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Marion are more common than before the pandemic, but 43% fewer homes come up for sale
We read every month of Marion’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 306 sales.
If you’re buying in Marion
- Shop in April. It brings about 31 new listings a month, close to the busiest month, with fewer bidding wars (13% over asking).
- Offer under asking. Buyers paid 96.4% of the list price on average; 22% paid over.
- You’ll usually have time. Only 39% of homes go under contract within two weeks; the typical one takes 40 days.
Summer brings both the most homes and the most bidding wars
June has the most new listings (about 37 a month), but July is the most competitive: 24% of July sales close over asking. April and May offer nearly as much choice with fewer homes bid up (13%). February has the least competition (9%).
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and about like Indiana as a whole
| Marion now | 2017–19 | 2021 peak | IN now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 22% | 9% | 25% | 19% |
| Gone within two weeksShare of homes under contract within 14 days | 39% | 3% | 3% | 37% |
| Listings with a price cutShare of homes for sale that cut their price | 31% | — | 1% | 33% |
| Price paid vs. askingAverage sale price ÷ list price | 96.4% | 93.5% | 96.9% | 97.7% |
| Days to sellMedian days from listing to contract | 40 | 108 | 62 | 35 |
82 homes for sale on a typical day
That’s 7.5 times the 2012 low (11), 43% fewer than in 2017–19 and well under 2015’s 233.
1 in 3 listings has cut its price
31% in the last year, against — in 2017–19 and 33% across Indiana.
Since 2019, houses are up 91%, condos 42%
A house typically sold for $129K in the last year (279 sales), a condo for $184K (12).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Marion ranks 35th of 132 busy Indiana markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Marion is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Marion home costs about $782 a month
Price: Marion’s typical sale, last 12 months. Property tax at Marion’s 1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Marion is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in June
The month with the most choice. December has the fewest, about 20.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $130K home, about $1,240 a year.
Taxes vs. neighborsSchools
The schools grade for Marion, from test results, graduation and how much students grow.
Schools in MarionCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Jonesboro and Alexandria sell for less a square foot; Gas City, Greentown and Huntington for far more
The busier markets within 25 miles of Marion, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Marion | 306 | $130K | $95 | 22% | 40 |
| Huntington | 239 | $168K | $121 | 22% | 34 |
| Elwood | 146 | $157K | $102 | 22% | 39 |
| Alexandria | 76 | $148K | $92 | 13% | 42 |
| Greentown | 43 | $185K | $121 | 26% | 51 |
| Gas City | 40 | $171K | $119 | 15% | 63 |
| Jonesboro | 25 | $110K | $83 | 28% | 44 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Marion, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Marion. People who follow the town see it, and so do people comparing Marion with their own town. No commission, no listing fee.
Questions about buying a home in Marion
What do homes sell for in Marion, IN?
306 homes sold in the year to May 2026 at a typical $130K, $95 a square foot. Houses sold for about $129K, condos for about $184K.
Is Marion a buyer’s or seller’s market?
A seller’s market: 96 homes were for sale in May 2026 and 31 sold, about 3.1 months of supply. Buyers paid 96.4% of asking on average, and 31% of listings cut their price.
When is the best time to buy in Marion?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Marion?
About 1% of a home’s value a year. On a $130K home that’s near $1,240.
Where can I see homes for sale in Marion?
Zillow, Redfin, Realtor.com and Homes.com all carry Marion’s MLS listings; the search links above open each one filtered to Marion.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).