Marion, KY Foreclosures
How much do homes sell for in Marion, KY?
The average home price is currently $160,032.
In Marion, KY, how many homes are available?
There are currently 1 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 $1,706,640.
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, located in Crittenden County, offers a charming small-town atmosphere with a close-knit community feel. The area is known for its tranquil landscapes, local parks, and access to the scenic countryside, making it ideal for outdoor activities. With a rich history and various amenities, Marion is a great place to consider for both residence and investment.
Current Market Conditions in Marion, KY
Currently, the real estate market in Marion shows signs of stability with steady demand for homes. The affordable home prices attract first-time buyers and families looking to settle in a smaller community, leading to a balanced market.
In recent months, growth in the local job market, especially in healthcare and education sectors, has contributed to an uptick in interest in housing in Marion, with many buyers drawn to the value offered in the area.
Investors are taking notice of the potential in Marion's real estate market, given its appeal to families and retirees, leading to increased investment activities and renovations in older homes.
Home Value Estimator For Marion, KY
There are currently 3,889 real estate properties
in Marion, KY,
with a median automated valuation model (AVM) price
of $122,724.00. 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 $160,032.00, with the most expensive house
in Marion, KY, topping out
at $1,706,640.00 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.
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