🏡 Marion, OH Housing Market Update
As of March 31, 2025, the Marion housing market continues to exhibit steady growth and activity. Here's an overview of the latest trends:
📊 Key Market Metrics
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Average Home Value: $156,646, reflecting a 6.7% increase over the past year. Zillow
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Median List Price: $179,617. Zillow
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Median Sale Price: $141,600 (as of February 28, 2025). Zillow+5Zillow+5Zillow+5
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Median Days to Pending: 19 days, indicating a brisk pace in home sales. Zillow
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Sale-to-List Price Ratio: 0.990, suggesting that homes are selling close to their listing prices. Zillow
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Inventory: 116 homes were listed for sale, with 44 new listings added in March. Zillow
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Sales Over List Price: 27.4% of homes sold above their list price. Zillow+3Zillow+3Zillow+3
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Sales Under List Price: 53.9% of homes sold below their list price. Zillow
🔍 Market Insights
The Marion housing market is experiencing notable appreciation, with average home values increasing significantly compared to the previous year. Homes are selling faster, with a median of 19 days to pending, highlighting strong buyer demand. While the number of homes sold has seen a slight decrease, the market remains competitive, especially for well-priced and desirable properties.Zillow+1Zillow+1
🏠 Looking Ahead
As we progress through spring, the Marion housing market is expected to maintain its momentum. For sellers, this is an opportune time to list, given the rising home values and quick sales. Buyers should be prepared to act swiftly and work with local real estate professionals to navigate the competitive landscape.
📧 Email: [email protected]
📞 Phone: (740) 341-2636
🌐 Website: MoreOhio.com
Whether you're considering buying or selling in Marion, staying informed about the latest market trends is crucial. Reach out to discuss your real estate goals and how to make the most of the current market conditions.
