Marion County, TN Home Values & Market Trends

The median home price in Marion County, TN is $238,753.5. There were 451 home sales in Marion County, TN over the past 12 months. The median residential Marion County, TN home value for transactions over the previous year is $197,000. The number of current listings in Marion County, TN is 54, and the percentage of properties for sale is 54.00%. The county has 11 foreclosures, 4 bank owned properties, 7 headed for auction, and 54 properties for sale.

Marion County, TN Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Jasper

$ 345,427

$ 191/sqft

Sequatchie

$ 221,447

$ 47/sqft

South Pittsburg

$ 257,101

$ 143/sqft

Whiteside

$ --

$ --

Guild

$ 719,220

$ 293/sqft

Housing Market Summary for Marion County, TN

Apr 2023March 2024Change
Median Listing Price$299.4K$243K-18.86%
Median Sold Price$188.1K$243K29.20%
Homes For Sale7249-31.94%
Homes Sold296250-15.54%
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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, TN

Marion County, TN home values range from $20,116 to $7,825,193. Guild is the priciest city with a median listing home price of $775,000, and South Pittsburg is most affordable with average house prices of around $289,900.

Foreclosure
There are 5 cities within Marion County, TN; within these cities, the median estimated home value for homes in foreclosure ranges from $344,521 in South Pittsburg to the lowest value of $149,422 in South Pittsburg. Foreclosure homes account for 0.00% of properties in Marion County, TN with South Pittsburg containing 5 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Marion County, TN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 5 cities within Marion County, TN; of those cities, 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 County, TN ranges from the highest value of $649,900 in South Pittsburg to the lowest value of $172,063 in Jasper. Bank owned homes and properties account for 0.03% of properties in Marion County, TN. There are 5 cities within Marion County, TN; South Pittsburg containing 2 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    South Pittsburg has 3 auction properties, the highest number of properties going to auction in a single city in the state of Marion County, TN. Auction homes and other auction properties account for 0.06% of all properties in Marion County, TN. There are 5 cities within Marion County, TN; of those cities, the median estimated home value for homes going to auction ranges from $286,200 in Jasper to the lowest value of $149,422 in Jasper.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.44% of residential properties in Marion County, TN with Jasper containing 17 homes for sale, the highest number of listed properties in a single city. There are 5 cities within Marion County, TN; homes for sale in those cities, have a range of median values from $719,220 in Guild to the lowest value of $22,682 in South Pittsburg.
    Sold Homes
    The median value for recently sold homes ranges from $260,958 in Whiteside to the lowest price of $20,116 in Whiteside. There are 5 cities within Marion County, TN. Jasper has 72 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.99% of properties in Marion County, TN.

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      Guide for Marion County, TN

      Market Reports
      Knoxville Real Estate Market Report, April 2024
      Market Reports
      Memphis TN Market Report: Property Values Grow 10% from March 2023 to February 2024
      Tennessee
      Surge in Nashville Real Estate: 2023 Sees Stable Growth and Rising Property Values
      Home Buying Guides & Tips
      Tennessee Foreclosure Laws
      See More Articles
      Knoxville Real Estate Market Report, April 2024
      Market Reports|posted 9 April 2024

      The Knoxville real estate market is seeing fluctuations in property prices, with the average value at $399,900 as of March 2024.

      Memphis TN Market Report: Property Values Grow 10% from March 2023 to February 2024
      Market Reports|posted 8 March 2024

      The Memphis real estate market has shown significant growth from March 2023 to February 2024, with property values increasing by about 10% and sale prices also rising. Despite minor fluctuations in property sales and square foot values, the market displays considerable resilience, making Memphis an attractive option for real estate investment.

      Surge in Nashville Real Estate: 2023 Sees Stable Growth and Rising Property Values
      Tennessee|posted 23 January 2024

      Nashville’s real estate market grew significantly during 2023 with consistent rising property values and sold prices

      Tennessee Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Tennessee Foreclosure Laws