Marion, OR Foreclosures
How much do homes sell for in Marion, OR?
The average home price is currently $337,852.
In Marion, OR, how many homes are available?
There are currently 555 active home listings available in Marion.
What’s the average rental cost in Marion, OR?
The average rental price in Marion is $1,132.
What is the most expensive home in Marion?
The most expensive home sold in Marion had a price of $903,550.
What is currently the cheapest priced home in Marion, OR?
The cheapest home for sale in Marion is priced at $41,341.
Living in Marion, OR
Marion, Oregon, is a serene rural community located within the picturesque Willamette Valley. Known for its agricultural roots and stunning natural beauty, Marion offers residents a peaceful lifestyle complemented by close-knit community ties. With access to parks, schools, and small-town amenities, it's a great choice for families and retirees.
Current Market Conditions in Marion, OR
The real estate market in Marion, OR, has remained stable, with a modest increase in home values as demand for rural living and larger homes continues to rise. Recent trends indicate a growing interest in properties that offer ample outdoor space, leading to potential appreciation in property values as more people seek homes that meet their lifestyle needs post-pandemic.
The availability of affordable housing options makes Marion attractive to first-time homebuyers and those looking to invest in rental properties. As the trend of remote work persists, more individuals are considering the area for its affordability and quality of life.
Home Value Estimator For Marion, OR
There are currently 32 real estate properties
in Marion, OR,
with a median automated valuation model (AVM) price
of $317,000.00. 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, OR, 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, OR,
is $337,852.00, with the most expensive house
in Marion, OR, topping out
at $903,550.00 and the cheapest home
in Marion, OR,
clocking in at $41,341.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Marion, OR!
Rent Prices
In Marion, OR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Marion, OR, is on
a rollercoaster ride. The
average rent price in Marion, OR,
is $1,132.00. Indeed, when looking to rent in
Marion, OR, you can expect to pay as little
as $840.00 or as much
as $1,560.00,
with the average rent median estimated to
be $1,100.00. The good news is that finding
an affordable and desirable property to rent in Marion, OR
-- 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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