Marion, OR Foreclosures
Current Market Conditions in in Marion, OR As of February 2026?
Over the past month, Marion's real estate market has shown a slight uptick in both home sales and average prices. The demand continues to rise, driven by the appeal of a peaceful lifestyle and access to outdoor activities. Listings are moving quickly, prompting sellers to be more competitive in their pricing strategies. As interest rates remain relatively low, more buyers are looking to secure homes in this desirable area.
How much do homes sell for in Marion, OR?
The average home price is currently $335,095.
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 $894,091.
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 quaint town that offers a peaceful lifestyle amidst beautiful landscapes of the Willamette Valley. With a close-knit community, outdoor recreational activities, and essential amenities, it's an ideal location for families and retirees. The town’s proximity to larger cities like Salem enhances its appeal with easy access to urban conveniences.
Buyer vs Seller Market in Marion, OR
The real estate market in Marion, OR is currently experiencing steady growth, with an increase in home prices reflecting a strong demand for housing in this charming community. The market remains competitive, with potential buyers often facing multiple offers on desirable properties.
Recently, there has been a notable increase in the number of families moving to Marion, drawn by the town's affordability compared to nearby urban areas. This influx has boosted home values and can be seen as a positive trend for investors considering purchases in the area.
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 $312,612.00. 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 $335,095.00, with the most expensive house
in Marion, OR, topping out
at $894,091.00 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.
Learn more on Foreclosure homes
