Frequently Asked Questions

Are house prices dropping in Marion?

The house prices in Marion are indeed dropping at the moment. There has been a decrease in price of $4,993.18. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

What is the housing market like in Marion at this time?

The housing market and house prices in Marion are going down. The average house price is $144,950.00 and the average price per square feet is $98.56 per square foot. At the moment, there are 866 homes listed - 114 active, 49 pending, and 703 sold in Marion.

What is the most popular place to buy a house in Marion?

The most popular place to buy a home in Marion is 2707 - Grant - Center. 2707 - Grant - Center has the most properties listed and appears to have the highest demand.

What is the amount of property taxes you have to pay for a house in Marion?

The average amount of property taxes you would have to pay for a home in Marion is $1,194.68. Property taxes are tied to the value of the home - the more expensive the home, the higher the taxes.

How fast are houses listed in Marion being sold?

Properties in Marion stay on the market for an average of 77 days. A lower number of days indicates a seller's market, while a higher number indicates a buyer's market.

How often are houses listed for sale in Marion?

The last home listed in Marion was 85 minutes ago.

Can you visit houses in Marion?

Currently, there are 0 open houses available for viewing in Marion.

What is the most expensive house in Marion?

The cost of the most expensive home in Marion is $850,000.00. Expensive homes often come with better amenities, larger spaces, and faster appreciation.

What is the cheapest house in Marion?

The cost of the cheapest home in Marion is $5,000.00. Buying a cheaper home can keep payments low and leave room for customization.

How old are the homes in Marion?

The oldest home in Marion was built in 1884, and the newest in 2019.

How big are the homes in Marion?

The average property size in Marion is 1888.63 sq.ft., the largest being 9962 sq.ft., and the smallest being 0 sq.ft.

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Active

$5,000

$7,000 on 06/16/2026

3 Beds

1 Baths

2,678 Sq. Ft.

1516 S Washington Street, Marion, IN, 46953

Est. Payments: $0/mo

Residential

Built in 1910

69 days on Site

0.12 Lot Size

None

Additional Details

Contact Agent

Tucker Customer Care

F.C. Tucker Company, Inc.

Description

Looking for a rehab project, this could be it! A lot of potential with this 3-bed, 1-bathroom property. Will require extensive work but the with the attractive price it is a great investment opportunity....

Source: IRMLS as distributed by MLS GRID, MLS ID: 202614606

Listing provided courtesy of Chris Knight 765-662-6099 with F.C. Tucker Realty Center

Last Updated: 6/28/2026 | 12:55 AM

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Mortgage Insurance: 0/mo

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About the Neighborhood

Marion offers a tranquil atmosphere with mostly single detached homes and well-maintained duplexes from a classic era of construction. The city features convenient access to numerous public and private schools at multiple education levels, supporting varied needs. Grocery stores and dining options provide easy, nearby choices for errands and meals. Parking availability throughout the city is plentiful, making vehicle use hassle-free. The area benefits from minimal elevation changes, contributing to comfortable navigation by bike, even though the cycling network is limited. Quiet streets and low traffic noise enhance the calm character found in most parts of this community.

Learn more about

Marion Market Report

Avg. Days on Market

121

Avg. Price Per Sq. Ft.

93.5

Median List Price

$149,900

Homes Listed

165

Frequently Asked Questions

Contact Agent

Tucker Customer Care

F.C. Tucker Company, Inc.

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Type	Dimensions	Level
Master Bedroom	10 x 10	Main
2nd Bedroom	10 x 10	Main
3rd Bedroom	10 x 10	Upper