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Affordable Housing in Marion, KY

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Marion, KY Foreclosures

How much do homes sell for in Marion, KY?
The average home price is currently $152,791.
In Marion, KY, how many homes are available?
There are currently 4 active home listings available in Marion.
What’s the average rental cost in Marion, KY?
The average rental price in Marion is $758.
What is the most expensive home in Marion?
The most expensive home sold in Marion had a price of $2,885,481.
What is currently the cheapest priced home in Marion, KY?
The cheapest home for sale in Marion is priced at $6,803.

Living in Marion, KY

Marion, Kentucky is a charming small town offering a friendly community and rich history. With a variety of local amenities and beautiful natural surroundings, it caters well to families and outdoor enthusiasts alike. Its convenient location allows for easy access to larger urban areas while maintaining the tranquility of small-town life.

Current Market Conditions in Marion, KY

Marion's real estate market is currently stable, with a modest increase in property values over the past year. The area has seen a consistent demand for homes, particularly from families and retirees looking for peaceful living. As new developments kick off and the community continues to attract new residents, the market is expected to keep growing in the coming years.

Recent trends indicate an interest from buyers searching for affordable housing options within a serene environment. Marion's affordable price points compared to larger cities make it a growing choice for those seeking to invest in real estate.

Home Value Estimator For Marion, KY

There are currently 3,893 real estate properties in Marion, KY, with a median automated valuation model (AVM) price of $116,302.00. 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, KY, 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, KY, is $152,791.00, with the most expensive house in Marion, KY, topping out at $2,885,481.00 and the cheapest home in Marion, KY, clocking in at $6,803.00. In other words, there’s something for every potential homebuyer or savvy investor in Marion, KY!

Rent Prices In Marion, KY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Marion, KY, is on a rollercoaster ride. The average rent price in Marion, KY, is $758.00. Indeed, when looking to rent in Marion, KY, you can expect to pay as little as $430.00 or as much as $1,840.00, with the average rent median estimated to be $720.00. The good news is that finding an affordable and desirable property to rent in Marion, KY -- 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, KY Affordable Housing


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