Marion, SD

Balanced market

Housing market overview · Updated weekly

$62,500median sale price

Homes sold

1

Last 12 weeks

Days on market

155

Average pace

Active listings

1

1.0 months supply

Sale-to-list

90.6%

Below asking

The Marion housing market is currently classified as a balanced market with a median sale price of $62,500. Prices have fallen 0.0% compared to last year, with homes spending an average of 155 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

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Frequently asked questions

What is the average home price in Marion?

The median home sale price in Marion is $62,500, down 0.0% from last year.

How long do homes stay on market in Marion?

Homes typically spend 155 days on market before going under contract.

Is Marion a buyer's or seller's market?

With 1.0 months of supply, Marion is currently a balanced market.

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