Is Marion County, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Marion County has remained a Seller's Market.
Housing Prices in Marion County, OH
How much do homes in Marion County, OH cost?
Median Sold Price
$164,695
$116/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Marion County was $164,695 in April 2024, up 6.3% from last year, and the median price per square foot was $116.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $25K | $64.5K | +158.0% |
2 Bedrooms | $110K | $126.5K | +15.0% |
3 Bedrooms | $154.3K | $155.1K | 0.5% |
4 Bedrooms | $225K | $242K | +7.6% |
5+ Bedrooms | $215K | $269.9K | +25.6% |
Summary: Marion County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 158%, 2 bedroom homes increased by 15%, 3 bedroom homes increased by 0.5%, 4 bedroom homes increased by 7.6%, and 5+ bedroom homes increased by 25.6%.
Median Sold Price Compared To Nearby Counties
Morrow County | $246.1K | $290K | +17.8% |
Wyandot County | $147K | $163.5K | +11.2% |
Crawford County | $146.5K | $160.7K | +9.7% |
Marion County | $154.9K | $164.6K | +6.3% |
Union County | $313.6K | $329.9K | +5.2% |
Housing Supply in Marion County, OH
How many homes are available in Marion County, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
257 | 274 | +6.6% |
Summary: The Marion County real estate market had 274 homes for sale in April 2024, a 6.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 39 | 43 | +10.3% |
3 Bedrooms | 152 | 153 | +0.7% |
4 Bedrooms | 55 | 63 | +14.5% |
5+ Bedrooms | 9 | 13 | +44.4% |
Summary: The Marion County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes increased by 44.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
58 | 56 | -3.4% |
Asking Price vs. Sold Price
28 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
21 Homes Were Sold
Over Asking
Summary: A total of 56 homes were sold or pending in Marion County in April 2024, down by 3.4% month-over-month. Of the 56 sold homes, 50% were sold under asking, 13% were sold at asking, and 38% were sold over asking.
Days on Market for Marion County, OH
How long does it take to sell a home in Marion County, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
33 Days | 20 Days | -38.2% |
Summary: Homes in Marion County had an average of 20 days on market in Apr 2024, down by 38.2% compared to last year.
Breakdown of Home Sale Times
44 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 56 homes were sold in Marion County; 79% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.