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Marion, NY—14505

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$237,000
3.4% YoY Growth
Household Income
$86,200
36.1% YoY Growth
Days on Market
48
32.0% Shorter YoY
Home Price Forecast
3.2%
Median Rent
$1,310
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
$1,310
N/A
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Marion, NY

As of Dec '25, the median home price in Marion, NY is $237,000, with a year-over-year change of 3.4%. This indicates that home prices in Marion, NY are increasing. According to Zillow, the 1-year price projection is 3.2%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$237,0003.4%
Single Family $236,0003.1%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$196,0003.7%
    3 Bed
    		$235,0002.6%
    4 Bed
    		$268,0004.3%
    5 Bed $285,6551.7%
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    % of Housing Stock

    Studio
    0.4%
    1 Bedroom
    9.8%
    2 Bedrooms
    16.8%
    3 Bedrooms
    42.0%
    4 Bedrooms
    26.8%
    5+ Bedrooms
    4.3%

    Rental Trends — Marion, NY

    Marion, NY lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average Rent$1,310$1,430
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent $1,310$1,430
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    Studio
    2.6%
    1 Bedroom
    42.8%
    2 Bedrooms
    25.2%
    3 Bedrooms
    21.1%
    4 Bedrooms
    8.2%

    Property Listings — Marion, NY

    As of Dec '25, Realtor.com reports that the median days on market for a home in Marion, NY is 27. This is a decrease of -56.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$222,000-20.0%
    Listing Count
    		1352.0%
    Listings as % of Homes0.0%52.0%
    Days on Market
    		48-32.0%
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    Demographics — Marion, NY

    As of the latest ACS Survey released in 2023, Marion, NY has a population of 5,160, which has increased by 4.9% over the past 5 years. Marion, NY is a moderately popular place for families, as children make up 21.2% of the population. The area has a poorly educated workforce, with 19.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.6% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		5,1604.9%
    % Under 18
    		21.2%9.8%
    % Seniors
    		18.3%4.0%
    % WFH
    		7.6%111.1%
    % w/ College Degree
    		19.5%-12.9%
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    As of the latest ACS Survey released in 2023, Marion, NY is a predominantly white area, with 92.2% of the population identifying as white. The white population has grown by 2.3% in the last 5 years. The second most common race or ethnicity in Marion, NY is hispanic, making up 6.2% of the population. Foreign-born residents account for 2.8% of the population in Marion, NY, and this percentage has increased by 21.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		92.2%2.3%
    % Black
    		0.0%-100.0%
    % Hispanic
    		6.2%121.4%
    % Asian
    		0.2%∞%
    % Foreign Born
    		2.8%21.7%
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    Mortgage and Risk — Marion, NY

    According to HUD data as of 2023, there were 81 mortgage originations in Marion, NY, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Marion, NY. Investor activity is low, as 0.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		81
    % Conventional Loans
    		89.0%
    % Government Loans
    		11.0%
    % Investor Loans
    		0.0%
    % Second Loans
    		1.0%
    % Cash Out Refinance
    		10.0%
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    Rentals and Section 8 — Marion, NY

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

    Section 8 Market Size

    Total Units under HUD
    		12
    Total Units Section 8
    		12
    % Rentals under Section 8
    		4.1%
    % Occupied Section 8
    		90.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$950
    2 Bedroom-$130$1,310$1,180
    3 BedroomN/AN/A$1,430
    4 BedroomN/AN/A$1,570

    Affordability — Marion, NY

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio2.3
    Median Home Price$237,000
    Median Household Income$86,200

    Marion, NY — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Williamson, NY

    14589

    Walworth, NY

    14568

    Palmyra, NY

    14522

    Newark, NY

    14513

    Port Gibson

    14537

    Frequently Asked Questions