Marion, KY Home Values & Market Trends

Real estate market trends reflect that there have been 33 transactions over the past year in Marion. The median value for residential home transactions that occurred over the previous year is $55,733.86. The number of current listings in Marion is 11, and the percentage of properties for sale in the city is 11.00%. Marion, KY currently has 1 properties in foreclosure, 1 bank owned properties, 0 properties headed for auction, and 11 properties for sale.

Marion, KY Real Estate Market Overview

ZipMedian Est. Value
42064

$ 91,500

$ 64/sqft

Housing Market Summary for Marion, KY

Apr 2023March 2024Change
Median Listing Price$239.3K$32,055-86.60%
Median Sold Price$71,600$32,055-55.23%
Homes For Sale1412-14.29%
Homes Sold3212-62.50%
Price
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Homes For Sale
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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, KY

Marion home values range from $6,718 to $1,948,935. The median estimated value of a home in Marion is $55,733.86. The median list price of a home is 159,900, and the total count of properties in the city is 4,986.

Foreclosure
There is 1 zips within Marion, KY; within this zips, the median estimated home value for homes in foreclosure ranges from $30,768 in 42064 to the lowest value of $30,768 in 42064. Foreclosure homes account for 0.00% of properties in Marion, KY with 42064 containing 1 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Marion, KY with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Marion, KY; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Marion, KY ranges from the highest value of $30,768 in 42064 to the lowest value of $30,768 in 42064. Bank owned homes and properties account for 0.02% of properties in Marion, KY. There is 1 zips within Marion, KY; 42064 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Marion, KY. Auction homes and other auction properties account for 0% of all properties in Marion, KY. There is 1 zips within Marion, KY; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.22% of residential properties in Marion, KY with 42064 containing 11 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Marion, KY; homes for sale in that zips, have a range of median values from $299,900 in 42064 to the lowest value of $26,986 in 42064.
    Sold Homes
    The median value for recently sold homes ranges from $158,311 in 42064 to the lowest price of $14,935 in 42064. There is 1 zips within Marion, KY. 42064 has 17 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 0.34% of properties in Marion, KY.

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      Guide for Marion, KY

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      Lexington Real Estate Market Witnesses Steady Upward Trend; Property Values and Sale Prices Rise in 2023-2024
      Market Reports|posted 20 March 2024

      This blog post analyzes the rising trends in the Lexington, KY real estate market from March 2023 to February 2024, and compares them with surrounding cities.

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports|posted 17 April 2024

      Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.

      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      Market Reports|posted 17 April 2024

      Report of recent trends in Mobile, Alabama’s real estate market, highlighting rising property values, fluctuating sales volumes, and the variations in value and sales figures across neighboring areas as of March 2024.

      Recently Listed Homes Marion, KY

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