Marion, OR Foreclosures
How much do homes sell for in Marion, OR?
The average home price is currently $326,118.
In Marion, OR, how many homes are available?
There are currently 576 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 $847,451.
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 smaller town offering a serene lifestyle surrounded by nature. Residents take advantage of the local outdoor activities and farming opportunities, while still having access to necessary amenities and close proximity to Salem for additional city engagements. It is an ideal place for families and individuals looking for a peaceful community environment.
Current Market Conditions in Marion, OR
The current real estate market in Marion is demonstrating steady growth, with an increase in home prices over the past year. The area has become increasingly attractive to families and retirees, leading to a higher demand for homes. Inventory levels remain low, causing competition among buyers.
The local market is adapting to the trends where remote work has further elevated interest in suburban areas. Buyers are seeking larger homes with outdoor space, reflecting a shift post-pandemic.
Home Value Estimator For Marion, OR
There are currently 31 real estate properties
in Marion, OR,
with a median automated valuation model (AVM) price
of $319,700.00. 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 $326,118.00, with the most expensive house
in Marion, OR, topping out
at $847,451.00 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
