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Marion County, OH housing market

Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources

Typical home value$183,249+4.1% YoY · prices are rising fast
Market right nowSeller's marketFewer homes for sale than last year, 27% have cut their price
Income needed to buy, per year$39,725About 0.6× the local median income ($63,276): affordable for a typical household
Days on market43 daysAbout the same pace as a year ago

The typical home in Marion County, OH is worth $183,249, up 4.1% from a year ago. That is well above what local incomes have historically supported: fair value is about $150,603, so the area is 21.7% overvalued. It is a seller's market: homes take about 43 days to sell, listings are down 8% from a year ago, 27% of listings have had a price cut. A household needs about $39,725 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $63,276. Typical rent is $1,164 a month. In the latest IRS figures, 200 more people moved in than out.

Home value over time

$0K$50K$100K$150K19801990200020102020
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.

Prices and affordability

Typical home value$183,249
Change in 1 year+4.1%
Overvalued %+21.7%
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Fair home value$150,603
Change in 5 years+32.2%
Home value to income2.9×
Monthly mortgage payment (20% down)$993
Income needed to afford it$39,725
Property tax rate0.95%

Rent and investing

Typical rent$1,164
Price-to-rent ratio13.1×
HUD Fair Market Rent, 2 bedrooms$1,083
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Gross rental yield7.63%
Cap rate (estimate)4.96%

Market activity

Listings vs a year ago−8.3%
Days on market43
Listings with a price cut26.7%
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Homes for sale133
Pending sales per 100 listings55
Asking price per sq ft$141

People and jobs

Median household income$63,276
Population change (1 year)+0.4%
Unemployment rate6.3%
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Population65,115
Income adjusted for cost of living$71,660
Net moves in (IRS)+200
Cost of living (US = 100)88.3

Schools, risk and environment

School rating (1 to 10)3.6
FEMA hazard risk score (0 to 100)61.1
Flood risk score64.9
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Wildfire risk score3.7
Walkability (1 to 20)6.0
Road, rail and air noise52 dB

Questions people ask

Is Marion County, OH overvalued?
Home prices in Marion County, OH are well above what local incomes have historically supported: fair value is about $150,603, so the area is 21.7% overvalued.
Is Marion County, OH a buyer's or seller's market?
Marion County, OH is a seller's market: homes take about 43 days to sell, listings are down 8% from a year ago, 27% of listings have had a price cut.
Are home prices going down in Marion County, OH?
Home values in Marion County, OH are up 4.1% over the last year.
How much do you need to earn to buy a home in Marion County, OH?
A household needs about $39,725 a year to afford the typical home in Marion County, OH at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $63,276.

Nearby and similar counties

ZIP codes in Marion County (open on the map)

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