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Marion, IN

Full City Profile · Indiana · Grant County County

3.3 /5.0
B Good
361 Population 23/sq mi density
$98,144 Median Income $47,156 per capita
$320,800 Home Value $133,407 Zillow
51°F Avg Temperature 275 sunny days/yr
370 Violent Crime/100K 3,126 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$98,144 median income, 0.0% unemployment
A+
Affordability
4.8 / 5.0
$320,800 home value, /mo rent
F
Safety
1.0 / 5.0
370 violent crimes/100K
C
Education
2.3 / 5.0
16.8% bachelor's degree or higher

Housing Overview

Median Home Value
$320,800
14% above
US avg: $281,900
Homeownership Rate
67.3%
3% above US avg (65.4%)
Total Housing Units
12,934
Median year built: 1959

Home Value by Source

Census Median
$320,800
Zillow (ZHVI)
$133,407
Median Sale Price
$139,950
Median List Price
$126,450
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

67.3%
Owner-Occupied
32.7%
Renter-Occupied
67%
33%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,118/mo
1 Bedroom
$1,267/mo
2 Bedroom
$1,473/mo
3 Bedroom
$1,907/mo
4 Bedroom
$2,338/mo

Market Indicators (Redfin)

Median Days on Market
59 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
18
Price Drops
22.0%
of listings with price reduction
Price Per Sq Ft
$84
Active Inventory
82
homes for sale

Affordability & Housing Stock

Rent Burden
25.9%
of renters spending 30%+ of income on housing
16% below US avg (31.0%)
Median Year Built
1959
Average age of housing stock: 67 years
Homeownership Rate
67.3%

Complete Housing Data

Home Values

Census Median Value$320,800
Zillow Home Value (ZHVI)$133,407
Median Sale Price$139,950
Median List Price$126,450
Price Per Sq Ft$84

Rent

Zillow Rent (ZORI)$860
FMR Studio$1,118
FMR 1-Bedroom$1,267
FMR 2-Bedroom$1,473
FMR 3-Bedroom$1,907
FMR 4-Bedroom$2,338

Market

Days on Market59
Sale-to-List Ratio1.0%
Price Drops22.0%
Homes Sold18
Active Inventory82
Price Per Sq Ft$84

Ownership & Stock

Owner-Occupied67.3%
Renter-Occupied32.7%
Homeownership Rate67.3%
Total Housing Units12,934
Median Year Built1959
Rent Burden25.9%