Marion: Housing & Real Estate
Homes in Marion carry a median value of $275,800, with median rent $-666,666,666. Homeownership rate: 46.1%. That's 1.6× higher than the Shelby County median ($170,000); 1.5× higher than the Indiana median ($189,322). A municipal building code is in effect.
- 3.9× annual income — home value vs. household income (vs Indiana 2.6×).
Home Values & Rent
Median home value $275,800 — 1.5× the Indiana median ($189,321). Median rent $-666,666,666/month. homeownership rate 46.1% — below the U.S. share of ~65%.
| Median Home Value | $275,800 (vs Indiana $189,322) |
|---|---|
| Median Rent | $-666,666,666 (vs Indiana $972) |
Other
| Homeownership Rate | 46.1% |
|---|---|
| Median Year Built | 1977 |