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Foreclosure Homes in Marion, AL

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Marion, AL Foreclosures

Current Market Conditions in in Marion, AL As of April 2026?
Over the past month, Marion's real estate market has seen a noticeable uptick in buyer activity, resulting in an approximate 5% increase in home prices. This spike is driven by an influx of new residents seeking both primary residences and investment properties. The inventory remains limited, which continues to create a competitive environment for potential buyers. Existing homeowners are also beginning to capitalize on this trend by listing their properties, anticipating favorable selling conditions.
How much do homes sell for in Marion, AL?
The average home price is currently $144,390.
In Marion, AL, how many homes are available?
There are currently 32 active home listings available in Marion.
What’s the average rental cost in Marion, AL?
The average rental price in Marion is $925.
What is the most expensive home in Marion?
The most expensive home sold in Marion had a price of $1,203,602.
What is currently the cheapest priced home in Marion, AL?
The cheapest home for sale in Marion is priced at $20,000.

Living in Marion, AL

Marion, AL is a small yet vibrant city known for its historic charm and strong community spirit. With plenty of local amenities, parks, and recreational activities, it offers an enriching lifestyle for families and individuals. The city's historical landmarks add character and cultural depth, making it a unique place to live.

Buyer vs Seller Market in Marion, AL

The current real estate market in Marion is characterized by a slight increase in home prices over the past few months, attributed to steady demand and limited inventory. Many homes are selling quickly, reflecting a trend towards a competitive market for buyers.

Investors are increasingly showing interest in Marion due to its affordability compared to larger metropolitan areas nearby. This trend has led to a growing appreciation of property values, encouraging both new homeowners and investors to consider the area.

Home Value Estimator For Marion, AL

There are currently 1,048 real estate properties in Marion, AL, with a median automated valuation model (AVM) price of $120,166.00. 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, AL, 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, AL, is $144,390.00, with the most expensive house in Marion, AL, topping out at $1,203,602.00 and the cheapest home in Marion, AL, clocking in at $20,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Marion, AL!

Rent Prices In Marion, AL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Marion, AL, is on a rollercoaster ride. The average rent price in Marion, AL, is $925.00. Indeed, when looking to rent in Marion, AL, you can expect to pay as little as $520.00 or as much as $1,720.00, with the average rent median estimated to be $910.00. The good news is that finding an affordable and desirable property to rent in Marion, AL -- 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, AL Foreclosures


Market Trend for Marion, AL

Total Listings Available: 32

Market Values:

Home Prices from $20,000 to $1,203,602

Average Sales Price: $144,390

Rental Values:

Rental from $520 to $1,720

Average Rent Value: $925 / month

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