Marion, OR Foreclosures
Current Market Conditions in in Marion, OR As of April 2026?
Over the past month, real estate activity in Marion has continued to gain momentum, resulting in a slight increase in home values. The average time on the market for listings has decreased, reflecting heightened buyer interest. With low inventory levels, many homes are receiving multiple offers, making it a favorable time for sellers.
How much do homes sell for in Marion, OR?
The average home price is currently $334,533.
In Marion, OR, how many homes are available?
There are currently 593 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 $885,381.
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 nestled within the beautiful Willamette Valley, offering a close-knit community and abundant outdoor activities. Residents benefit from quality schools, local parks, and convenient access to essential services. With its picturesque landscape and welcoming atmosphere, Marion provides an ideal backdrop for a relaxed lifestyle.
Buyer vs Seller Market in Marion, OR
The real estate market in Marion is currently competitive, with a mix of single-family homes, investment properties, and rental opportunities available. Buyers can expect a range of home prices that reflect the charm and local amenities of this small town.
Recent trends show an increase in home prices over the past year, attributed to the town's appealing lifestyle, natural beauty, and community-centric atmosphere. The demand for homes has led to quicker sales times compared to previous years, signaling a healthy market for sellers.
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 $307,178.00. 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 $334,533.00, with the most expensive house
in Marion, OR, topping out
at $885,381.00 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.