Marion County, IN Home Values & Market Trends

The median home price in Marion County, IN is $222,886.03. There were 26,873 home sales in Marion County, IN over the past 12 months. The median residential Marion County, IN home value for transactions over the previous year is $169,918.355. The number of current listings in Marion County, IN is 345, and the percentage of properties for sale is 345.00%. The county has 502 foreclosures, 77 bank owned properties, 226 headed for auction, and 345 properties for sale.

Marion County, IN Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Indianapolis

$ 221,452

$ 139/sqft

West Newton

$ --

$ --

Beech Grove

$ 190,656

$ 122/sqft

Housing Market Summary for Marion County, IN

Mar 2023February 2024Change
Median Listing Price$217.5K$210.4K-3.26%
Median Sold Price$211.1K$210.4K-0.33%
Homes For Sale468345-26.28%
Homes Sold8,5038,8393.95%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Marion County, IN

Marion County, IN home values range from $16,365 to $31,536,996. Indianapolis is the priciest city with a median listing home price of $235,000, and Beech Grove is most affordable with average house prices of around $184,900.

Foreclosure
There are 3 cities within Marion County, IN; within these cities, the median estimated home value for homes in foreclosure ranges from $227,500 in Indianapolis to the lowest value of $41,975 in Indianapolis. Foreclosure homes account for 0.00% of properties in Marion County, IN with Indianapolis containing 488 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.07% of all residential properties in Marion County, IN with Indianapolis containing 189 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 3 cities within Marion County, IN; of those cities, the estimated home value for pre-foreclosure homes ranges from $670,667 in Beech Grove to the lowest home value of $71,129 in Indianapolis.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Marion County, IN ranges from the highest value of $671,443 in Indianapolis to the lowest value of $62,761 in Indianapolis. Bank owned homes and properties account for 0.03% of properties in Marion County, IN. There are 3 cities within Marion County, IN; Indianapolis containing 77 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Indianapolis has 222 auction properties, the highest number of properties going to auction in a single city in the state of Marion County, IN. Auction homes and other auction properties account for 0.08% of all properties in Marion County, IN. There are 3 cities within Marion County, IN; of those cities, the median estimated home value for homes going to auction ranges from $729,834 in Beech Grove to the lowest value of $41,975 in Beech Grove.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.12% of residential properties in Marion County, IN with Indianapolis containing 343 homes for sale, the highest number of listed properties in a single city. There are 3 cities within Marion County, IN; homes for sale in those cities, have a range of median values from $291,000 in Beech Grove to the lowest value of $36,428 in Indianapolis.
    Sold Homes
    The median value for recently sold homes ranges from $134,459 in West Newton to the lowest price of $19,204 in West Newton. There are 3 cities within Marion County, IN. Indianapolis has 8396 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.91% of properties in Marion County, IN.

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      Guide for Marion County, IN

      Market Reports
      Indianapolis Property Values on the Rise: A One-Year Lookback Of Market Growth
      Market Reports
      Fort Wayne Real Estate Property Values Increase in 2023
      A Luxury Mansion
      Investing Strategies
      Winning A Luxury Real Estate Auctions: Key Tips
      California
      Fremont Property Market Calms After 2023 Highs; Stabilizes Early 2024 with Peak Median Value at $1.42M
      See More Articles
      Indianapolis Property Values on the Rise: A One-Year Lookback Of Market Growth
      Market Reports|posted 28 February 2024

      The real estate market in Indianapolis, Indiana has shown growth in property values from March 2023 to January 2024, despite a minor dip in properties sold.

      Fort Wayne Real Estate Property Values Increase in 2023
      Market Reports|posted 14 February 2024

      The Fort Wayne, Indiana real estate market showed impressive growth trends in 2023, with property values and prices per square foot showing an upward trajectory, suggesting potential for continued growth.

      A Luxury Mansion
      Winning A Luxury Real Estate Auctions: Key Tips
      Investing Strategies|posted 1 March 2024

      A few quick tips to prepare you for selling a luxury home at auction

      Fremont Property Market Calms After 2023 Highs; Stabilizes Early 2024 with Peak Median Value at $1.42M
      California|posted 1 March 2024

      The Fremont, California real estate market experienced considerable fluctuation throughout 2023 and into 2024, with significant peaks and stabilization across various parameters.