Marion, IN metro area Housing Market
Cold MarketComprehensive housing market data for the Marion, IN metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: January 2026
Median Sale Price
$152K
↑ 31.7% YoY
Days on Market
65 days
↓ 14.5% YoY
Active Inventory
161
↑ 15.8% YoY
Homes Sold
40
↓ 20.0% YoY
Cold Market
Inventory is high and homes are sitting longer — a buyer's market.
Marion, IN metro area Market Summary
The Marion, IN metro area housing market is cooling down. As of January 2026, the median home sale price is $152K, up 31.7% year-over-year. Homes are spending a median of 65 days on the market, 14.5% shorter than a year ago.
There are 161 homes for sale — 15.8% more than last year. With 4.0 months of supply, this is a balanced market. 48 new listings were added during this period, up 11.6% year-over-year.
Homes are selling for 92.3% of their list price on average, suggesting room for negotiation. 7.5% of homes sell above their asking price. 27.9% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
81
Contributing Factors
How This Market Compares
vs. National Median
vs. Indiana Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 64% below the national median, which could indicate stronger cash flow potential.
Marion, IN metro area Market Trends
Median Sale Price
Median Days on Market
Active Inventory
Homes Sold
Price per Square Foot
Sale-to-List Ratio
New Listings
Listings with Price Drops
Detailed Market Metrics
Median List Price
$184K
Price per Sq Ft
$83
Sale-to-List Ratio
92.3%
Months of Supply
4.0
Sold Above List
7.5%
Price Drops
27.9%
New Listings
48
↑ 11.6% YoY
Pending Sales
65
Off Market in 2 Weeks
29.2%
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.