Marion County Home Prices & Values

$105,800 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • -1.9% 1-year change
  • 1.7% 1-year forecast

The median home value in Marion County is $105,800. Marion County home values have declined -1.9% over the past year and Zillow predicts they will rise 1.7% within the next year. The median price of homes currently listed in Marion County is $125,000. The median rent price in Marion County is $800, which is lower than the Indianapolis Metro median of $975.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Marion County is 6.9%, which is lower than the national value of 7.2%.

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Relative ZHVI
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Marion County Market Overview

Data through Jun 30, 2014
  • $105,800 ZHVI
  • 1.7% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jun 30, 2015)
  • $125,000 Median listing price
  • No data Median sale price
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Marion County Market Health

Data through Jun 30, 2014
  • 0.2/10 Less healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • 277 Average of days on Zillow (May 31, 2014)
  • No data Homes with negative equity (18.8% US Avg)
  • 6.9% Delinquent on mortgage (7.2% US Avg) (Mar 31, 2014)
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Cities in Marion County

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Meridian Hills $400,000 Cumberland $142,900 Lawrence $129,200
Southport $112,600 Speedway $102,300 Clermont $98,500
Beech Grove $84,400    

Listings & Sales

Data through Jun 30, 2014
  • $78 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 35.5% Listings with price cut
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Marion County Rentals

Data through Jun 30, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,077 Marion County
$1,177 Indianapolis Metro
$1,310 United States
  • 2.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • $800 Rent list price
  • $0.72 Rent list price / sq ft
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