Marion, MA 02738 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Marion, MA—02738

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$836,000

3.1% YoY Growth

Household Income

$120,000

49.9% YoY Growth

Days on Market

77.0% Longer YoY

Home Price Forecast

0.2%

Median Rent

$2,580

18.4% YoY Growth

1-Bed Rent

$1,650

24.1% YoY Growth

2-Bed Rent

N/A

3-Bed Rent

$2,800

21.3% YoY Growth

Home Price Trends — Marion, MA

As of May '26, the median home price in Marion, MA is $836,000, with a year-over-year change of 3.1%. This indicates that home prices in Marion, MA are increasing. According to Zillow, the 1-year price projection is 0.2%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$836,000	3.1%
Single Family	$839,000	3.8%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Marion, MA

As of July '25, Rentcast reports the average rent in Marion, MA is $2,530, with a year-over-year rent change of -18.4%. Per bedroom, the median rent as of July '25 in Marion, MA is 1-bedrooms: $2,110, 3-bedrooms: $2,800, 4-bedrooms: $3,100. The most common rental property sizes in Marion, MA are 2-bedroom and 4-bedroom, accounting for 38.6% and 24.8% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,580	$2,530
Studio Rent	N/A	N/A
1 Bed Rent	$1,650	$2,110
2 Bed Rent	N/A	N/A
3 Bed Rent	$2,800	$2,800
4 Bed Rent	$3,100	$3,100

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% of Rental Stock

1 Bedroom

19.9%

2 Bedrooms

38.6%

3 Bedrooms

16.7%

4 Bedrooms

24.8%

Property Listings — Marion, MA

As of May '26, Realtor.com reports that the median days on market for a home in Marion, MA is 33. This is a increase of 77.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 11.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$1,130,000	30.0%
Listing Count	37	49.0%
Listings as % of Homes	0.3%	49.0%
Days on Market	33	77.0%

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Demographics — Marion, MA

As of the latest ACS Survey released in 2023, Marion, MA has a population of 5,310, which has increased by 4.2% over the past 5 years. Marion, MA is a moderately popular place for families, as children make up 19.4% of the population. The area has a highly educated workforce, with 45.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.9% reporting working from home.

Metric	Latest Census	YoY % Change
Population	5,310	4.2%
% Under 18	19.4%	-17.1%
% Seniors	23.1%	-16.3%
% WFH	18.9%	62.9%
% w/ College Degree	45.2%	-13.2%

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As of the latest ACS Survey released in 2023, Marion, MA is a predominantly white area, with 80.8% of the population identifying as white. The white population has shrunk by 7.4% in the last 5 years. The second most common race or ethnicity in Marion, MA is black, making up 4.2% of the population. Foreign-born residents account for 4.7% of the population in Marion, MA, and this percentage has increased by 17.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	80.8%	-7.4%
% Black	4.2%	162.5%
% Hispanic	3.1%	72.2%
% Asian	1.4%	75.0%
% Foreign Born	4.7%	17.5%

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Mortgage and Risk — Marion, MA

According to HUD data as of 2023, there were 133 mortgage originations in Marion, MA, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 42.0%, with 6.0% above 90% LTV (normal). This implies small mortgage risk in Marion, MA. Investor activity is low, as 1.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	133
% Conventional Loans	89.0%
% Government Loans	11.0%
% Investor Loans	1.0%
% Second Loans	3.0%
% Cash Out Refinance	11.0%

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Rentals and Section 8 — Marion, MA

Marion, MA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	27
Total Units Section 8	27
% Rentals under Section 8	9.5%
% Occupied Section 8	94.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$490	$1,650	$2,140
2 Bedroom	N/A	N/A	$2,550
3 Bedroom	$280	$2,800	$3,080
4 Bedroom	$290	$3,100	$3,390

Marion, MA—02738

Key Metrics at a Glance

Home Price Trends — Marion, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Marion, MA

% of Rental Stock

Property Listings — Marion, MA

Demographics — Marion, MA

Race and Ethnicity

Mortgage and Risk — Marion, MA

Mortgages

Rentals and Section 8 — Marion, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Marion, MA

Home Price to Income Ratio

Marion, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Mattapoisett, MA

Wareham, MA

Wareham, MA

Rochester, MA

Onset

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5.9
Median Home Price	$836,000
Median Household Income	$120,000

Marion, MA—02738

Key Metrics at a Glance

Home Price Trends — Marion, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Marion, MA

% of Rental Stock

Property Listings — Marion, MA

Demographics — Marion, MA

Race and Ethnicity

Mortgage and Risk — Marion, MA

Mortgages

Rentals and Section 8 — Marion, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Marion, MA

Home Price to Income Ratio

Marion, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Mattapoisett, MA

Wareham, MA

Wareham, MA

Rochester, MA

Onset

Frequently Asked Questions

What is the average home price in Marion, MA 02738?

How have home prices in Marion, MA 02738 changed over the past year?

What is the home price projection for Marion, MA 02738?

What are the demographics of Marion, MA 02738?

How long does it take homes to sell in Marion, MA 02738?

What is the average rent price in Marion, MA 02738?