Home Values

Marion Franklin 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

$57,000

  • 3.3% 1-year change
  • 1.5% 1-year forecast

The median home value in Marion Franklin is $57,000. Marion Franklin home values have gone up 3.3% over the past year and Zillow predicts they will rise 1.5% within the next year. The median list price per square foot in Marion Franklin is $37, which is lower than the Columbus average of $81. The median price of homes currently listed in Marion Franklin is $39,000 while the median price of homes that sold is $67,700.

Foreclosures will be a factor impacting home values in the next several years. In Marion Franklin 11.1 homes are foreclosed (per 10,000). This is lower than the Columbus value of 11.3 and also greater than the national value of 4.0

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Relative ZHVI
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Marion Franklin Market Overview

Data through Jan 31, 2015
  • $57,000 ZHVI
  • 1.5% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Jan 31, 2016)
  • $39,000 Median listing price
  • No recent data Median sale price
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Marion Franklin Market Health

Data through Jan 31, 2015
  • 1.7/10 Less 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.
    (Dec 31, 2014)
  • No data Average days on Zillow
  • No data Homes with negative equity (16.9% US Avg)
  • No data Delinquent on mortgage (6.4% US Avg)

Homes foreclosed (per 10,000)

11.1 homes Marion Franklin
11.3 homes Columbus
4 homes United States
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Nearby Neighborhoods

Name Median ZHVI
Berwick $162,300
Williams Creek $76,100
Glenbrook $71,300
Name Median ZHVI
Deshler Park $59,300
Innis Garden Village $50,700
Edgewood $49,200
Name Median ZHVI
South Side CAN $45,600
Vasser Village (Lincoln Park) $39,900
 

Listings & Sales

Data through Jan 31, 2015
  • $37 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
27.3%
Sold below listing
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Marion Franklin Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $790 Marion Franklin
    $1,084 Columbus
    $1,350 United States

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

  • 0.9 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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