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Homes for Sale Under 500K in Marion, IN

231 Homes for Sale

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Marion, IN Housing Market Overview

Marion is moving fast, and is a seller's market. Just 1.2 months of supply and 43 days on the market mean less competition for buyers and more leverage for you.

Status

Seller's Market

Days on Market

43

Inventory

231

Aug 2021May 2024Jul 2026

Median Home Price

$30,000Down 78.25%

In Jul 2026 · YoY

Aug 2021May 2024Jul 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
231 Up 137.50%
Newly Listed Homes
6 Down 0.00%
Months of Supply
1.2 Up 63.28%

Housing Demand

Homes Sold
16 Up 45.45%
Sale-to-List Ratio
93.2% Down 5.97%
Homes Sold Above List
0% Down 100.00%

30-yr fixed rate 6.23% · Data as of Jul 2026 · Source: Houzeo Research.

View Full Marion Market Report
  • mls-img
    Based on information from MIBOR REALTOR® Association through Sep 19, 2026, 2:42 AM. The Broker Listing Cooperative® listing service's Listing information is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.. All Rights Reserved. © 2026 MIBOR REALTOR® Association.
  • mls-imgIDX Logo
    IDX information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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Marion, IN Housing Marketlink qauare
Homes Available icon

231

Homes Available

Median List Price icon

$ 30,000

Median List Price

Avg on Market icon

43 Days

Avg on Market

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