Marion, OR Foreclosures
Current Market Conditions in in Marion, OR As of March 2026?
Over the past month, Marion has experienced an increase in real estate activity, with a rise in the number of homes sold, driven by interest from buyers seeking suburban alternatives as remote work remains prevalent. This uptick may lead to slight increases in property prices as demand outpaces supply.
How much do homes sell for in Marion, OR?
The average home price is currently $336,206.
In Marion, OR, how many homes are available?
There are currently 544 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 $889,158.
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 charming community located in the heart of the Willamette Valley, known for its beautiful agricultural landscapes and friendly atmosphere. The area offers a mix of rural charm and suburban convenience, with access to quality schools and essential amenities. Residents enjoy a slower pace of life while being within a reasonable distance of larger cities like Salem and Portland.
Buyer vs Seller Market in Marion, OR
The current real estate market in Marion is active, with a variety of homes available that attract both first-time buyers and those looking for investment opportunities. Recent trends indicate a steady increase in property values due to the area's appeal and growth.
Listings have seen a balanced mix of single-family homes, offering options for various budgets, from starter homes to larger family residences. Additionally, there is a growing interest in new developments as the community expands.
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 $309,127.00. 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 $336,206.00, with the most expensive house
in Marion, OR, topping out
at $889,158.00 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.