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Short Sale Listings in Marion, MI 49665

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Marion, MI Foreclosures

How much do homes sell for in Marion, MI?
The average home price is currently $176,226.
In Marion, MI, how many homes are available?
There are currently 3 active home listings available in Marion.
What’s the average rental cost in Marion, MI?
The average rental price in Marion is $1,305.
What is the most expensive home in Marion?
The most expensive home sold in Marion had a price of $4,081,700.
What is currently the cheapest priced home in Marion, MI?
The cheapest home for sale in Marion is priced at $13,568.

Living in Marion, MI

Marion, MI, is a quaint rural town offering a peaceful lifestyle with a strong sense of community. Surrounded by beautiful natural landscapes, it provides various outdoor activities year-round. With good schools and local amenities, it's an excellent place for families and those seeking tranquility.

Current Market Conditions in Marion, MI

The current real estate market in Marion, MI, is relatively stable, with a slight uptick in property values due to increasing interest from families and retirees looking for affordable housing options in a natural setting. Homes are generally sold within a reasonable timeframe, and inventory remains low, contributing to a seller's market. Overall, Marion is gaining appeal due to its affordability and quality of life.

Investors are taking notice of Marion's potential due to its growing popularity as a rural escape. With the cost of homes remaining moderate compared to urban centers, the area shows promise for appreciation in property values. The combination of outdoor amenities and a strong community makes Marion an attractive location for buyers.

Home Value Estimator For Marion, MI

There are currently 1,860 real estate properties in Marion, MI, with a median automated valuation model (AVM) price of $151,981.00. 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, MI, 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, MI, is $176,226.00, with the most expensive house in Marion, MI, topping out at $4,081,700.00 and the cheapest home in Marion, MI, clocking in at $13,568.00. In other words, there’s something for every potential homebuyer or savvy investor in Marion, MI!

Rent Prices In Marion, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Marion, MI, is on a rollercoaster ride. The average rent price in Marion, MI, is $1,305.00. Indeed, when looking to rent in Marion, MI, you can expect to pay as little as $720.00 or as much as $2,000.00, with the average rent median estimated to be $1,270.00. The good news is that finding an affordable and desirable property to rent in Marion, MI -- 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, MI 49665 Short Sale Listings

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