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Preforeclosure Homes in Marion, OH

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Living in Marion, OH

Marion, OH, offers a blend of modern living and small-town charm, making it an attractive location for both families and investors. The city is known for its strong sense of community, quality educational institutions, and ample outdoor recreation options. With a range of amenities and easy transportation access, Marion presents a desirable opportunity for real estate investment.

Current Market Conditions in Marion, OH

The real estate market in Marion, OH, has shown a steady trend of growth over the past few years, making it an appealing location for investors looking for potential returns. Home values have been rising gradually, and there is increasing demand for housing due to the city's attractive lifestyle and amenities.

Investors can benefit from relatively affordable property prices compared to larger metropolitan areas, creating opportunities for both rental properties and long-term investments. The market steadily remains competitive, with new developments and demand for homes, particularly from first-time buyers.

Home Value Estimator For Marion, OH

There are currently 18,693 real estate properties in Marion, OH, with a median automated valuation model (AVM) price of $156,534.00. 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, OH, 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, OH, is $193,641.00, with the most expensive house in Marion, OH, topping out at $8,738,600.00 and the cheapest home in Marion, OH, clocking in at $10,578.00. In other words, there’s something for every potential homebuyer or savvy investor in Marion, OH!

Rent Prices In Marion, OH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Marion, OH, is on a rollercoaster ride. The average rent price in Marion, OH, is $1,139.00. Indeed, when looking to rent in Marion, OH, you can expect to pay as little as $550.00 or as much as $2,750.00, with the average rent median estimated to be $1,080.00. The good news is that finding an affordable and desirable property to rent in Marion, OH -- 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, OH Preforeclosure Homes


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