Marion, SD Foreclosures
How much do homes sell for in Marion, SD?
The average home price is currently $299,192.
In Marion, SD, how many homes are available?
There are currently 2 active home listings available in Marion.
What’s the average rental cost in Marion, SD?
The average rental price in Marion is $1,098.
What is the most expensive home in Marion?
The most expensive home sold in Marion had a price of $1,124,270.
What is currently the cheapest priced home in Marion, SD?
The cheapest home for sale in Marion is priced at $28,028.
Living in Marion, SD
Marion, SD, is a charming small town that offers a tight-knit community vibe and beautiful landscapes. It features excellent schools and a variety of outdoor activities, making it ideal for families and nature lovers. With its peaceful atmosphere, Marion provides a tranquil lifestyle away from the hustle and bustle of city life.
Current Market Conditions in Marion, SD
The real estate market in Marion is currently stable, with a slight decrease in home prices over the past few months. The average time on the market has increased slightly, indicating potential buyers are taking their time in making decisions. However, homes are still seeing healthy demand, particularly among first-time homebuyers and those looking for a quiet retreat.
Over the past year, the real estate market in Marion has shown steady growth, with an increase in both residential sales and construction activity. New homes are being built to accommodate the growing interest in this charming community. The combination of affordability and the pleasant lifestyle offered in Marion continues to attract homebuyers, making it a noteworthy area for real estate investments.
Home Value Estimator For Marion, SD
There are currently 556 real estate properties
in Marion, SD,
with a median automated valuation model (AVM) price
of $245,291.00. 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, SD, 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, SD,
is $299,192.00, with the most expensive house
in Marion, SD, topping out
at $1,124,270.00 and the cheapest home
in Marion, SD,
clocking in at $28,028.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Marion, SD!
Rent Prices
In Marion, SD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Marion, SD, is on
a rollercoaster ride. The
average rent price in Marion, SD,
is $1,098.00. Indeed, when looking to rent in
Marion, SD, you can expect to pay as little
as $550.00 or as much
as $2,220.00,
with the average rent median estimated to
be $1,070.00. The good news is that finding
an affordable and desirable property to rent in Marion, SD
-- 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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