Home Values

Marion County Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$83,000

  • -10.2% 1-year change
  • None 1-year forecast

The median home value in Marion County is $83,000. Marion County home values have declined -10.2% over the past year. The median list price per square foot in Marion County is $85, which is the same as the Fairmont Metro average of $85. The median price of homes currently listed in Marion County is $124,500 while the median price of homes that sold is $95,188.

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 3.1%, which is lower than the national value of 6.3%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Marion County homeowners underwater on their mortgage is 13.7%.

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Relative ZHVI
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Marion County Market Overview

Data through Feb 28, 2015
  • $83,000 ZHVI
  • No data 1-yr forecast
  • $124,500 Median listing price
  • No recent data Median sale price
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Marion County Market Health

Data through Feb 28, 2015
  • 6.7/10 Healthy
    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.
  • No data Average days on Zillow
  • 13.7% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 3.1% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)
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Cities in Marion County

Name Median ZHVI
Fairview $102,600
 
 

Listings & Sales

Data through Feb 28, 2015
  • $85 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 9.3% Listings with price cut
4.0%
Sold below listing
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Marion County Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $968 Marion County
    $968 Fairmont Metro
    $1,355 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • No data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
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