Marion, VA Foreclosures
How much do homes sell for in Marion, VA?
The average home price is currently $186,070.
In Marion, VA, how many homes are available?
There are currently 21 active home listings available in Marion.
What’s the average rental cost in Marion, VA?
The average rental price in Marion is $937.
What is the most expensive home in Marion?
The most expensive home sold in Marion had a price of $6,035,175.
What is currently the cheapest priced home in Marion, VA?
The cheapest home for sale in Marion is priced at $9,044.
Living in Marion, VA
Marion, VA is a delightful small town nestled in the beautiful Appalachian Mountains. Known for its rich history and friendly community atmosphere, Marion offers a peaceful lifestyle with various amenities. Residents enjoy outdoor activities, local events, and access to quality education, making it an ideal place for families and individuals seeking tranquility.
Current Market Conditions in Marion, VA
The real estate market in Marion is stable, with a healthy mix of traditional homes and newly constructed properties. There has been a steady interest in the area due to its affordable housing options, beautiful surroundings, and access to natural parks, which appeal to both buyers and investors.
Over the past year, Marion has seen a modest increase in home values as more people discover this hidden gem. This trend is bolstered by the area's diverse outdoor activities and a growing sense of community, making it an attractive choice for first-time homebuyers and retirees.
Overall, Marion's housing market remains competitive, with homes typically spending less time on the market compared to previous years, reflecting increased demand driven by both locals and out-of-town buyers.
Home Value Estimator For Marion, VA
There are currently 5,461 real estate properties
in Marion, VA,
with a median automated valuation model (AVM) price
of $156,367.00. 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, VA, 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, VA,
is $186,070.00, with the most expensive house
in Marion, VA, topping out
at $6,035,175.00 and the cheapest home
in Marion, VA,
clocking in at $9,044.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Marion, VA!
Rent Prices
In Marion, VA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Marion, VA, is on
a rollercoaster ride. The
average rent price in Marion, VA,
is $937.00. Indeed, when looking to rent in
Marion, VA, you can expect to pay as little
as $460.00 or as much
as $2,480.00,
with the average rent median estimated to
be $880.00. The good news is that finding
an affordable and desirable property to rent in Marion, VA
-- 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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