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Foreclosure Auction Homes in Marion, VA

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Marion, VA Foreclosures

How much do homes sell for in Marion, VA?
The average home price is currently $186,297.
In Marion, VA, how many homes are available?
There are currently 2 active home listings available in Marion.
What’s the average rental cost in Marion, VA?
The average rental price in Marion is $937.
What is the most expensive home in Marion?
The most expensive home sold in Marion had a price of $6,007,862.
What is currently the cheapest priced home in Marion, VA?
The cheapest home for sale in Marion is priced at $9,044.

Living in Marion, VA

Marion, VA, offers a welcoming small-town atmosphere with easy access to outdoor adventures and community events. It features a historic downtown with various shops and local eateries. Residents enjoy a peaceful lifestyle while being connected to the scenic beauty of the Appalachian region.

Current Market Conditions in Marion, VA

The real estate market in Marion is currently experiencing steady demand, particularly among first-time homebuyers and retirees seeking a quieter lifestyle. Home prices have seen moderate increases over the past year due to limited inventory and growing interest in rural living.

Marion's market trends indicate a robust appreciation of property values as more people look to escape crowded urban centers. The trend is bolstered by the area's affordability compared to nearby urban areas, making it an attractive option for many.

Home Value Estimator For Marion, VA

There are currently 5,461 real estate properties in Marion, VA, with a median automated valuation model (AVM) price of $156,559.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Marion, VA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Marion, VA, is $186,297.00, with the most expensive house in Marion, VA, topping out at $6,007,862.00 and the cheapest home in Marion, VA, clocking in at $9,044.00. In other words, there’s something for every potential homebuyer or savvy investor in Marion, VA!

Rent Prices In Marion, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Marion, VA, is on a rollercoaster ride. The average rent price in Marion, VA, is $937.00. Indeed, when looking to rent in Marion, VA, you can expect to pay as little as $460.00 or as much as $2,480.00, with the average rent median estimated to be $880.00. The good news is that finding an affordable and desirable property to rent in Marion, VA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Marion, VA Foreclosure Auction Homes


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