Marion County, IN Home Values & Market Trends
The median home price in Marion County, IN is $226,171.57. There were 27,411 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 $168,002.859. The number of current listings in Marion County, IN is 340, and the percentage of properties for sale is 340.00%. The county has 936 foreclosures, 79 bank owned properties, 98 headed for auction, and 340 properties for sale.
Marion County, IN Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Indianapolis | $ 243,779 $ 146/sqft | West Newton | $ -- $ -- |
| Beech Grove | $ 124,792 $ 150/sqft |
Housing Market Summary for Marion County, IN
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $226K | $206.8K | -8.51% |
| Median Sold Price | $213.2K | $206.8K | -3.00% |
| Homes For Sale | 440 | 347 | -21.14% |
| Homes Sold | 7,903 | 8,430 | 6.67% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Marion County, IN
Browse Homes in Marion County, IN
Marion County, IN home values range from $18,515 to $28,502,877. Indianapolis is the priciest city with a median listing home price of $239,000, and Beech Grove is most affordable with average house prices of around $151,250.
- Pre-ForeclosurePre-foreclosure homes account for 0.26% of all residential properties in Marion County, IN with Indianapolis containing 743 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 $728,244 in Beech Grove to the lowest home value of $36,565 in Indianapolis.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Marion County, IN ranges from the highest value of $792,627 in Indianapolis to the lowest value of $49,900 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 79 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsIndianapolis has 96 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 0.03% 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 $1,214,441 in Beech Grove to the lowest value of $64,464 in Beech Grove.
Compare Nearby Cities
More Real Estate Resources for Marion County, IN
Guide for Marion County, IN
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.
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.
Information on foreclosure financing, refinancing, and foreclosure mortgages.
Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.
