Marion, MT59925

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$684,000
0.5% YoY Growth
Median Household Income
$61,100
17.4% 5-Year Growth
Days on Market
98
6.0% Shorter than last year
Home Price Forecast
4.8%
Median Rent
$1,100
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
$1,100
N/A
3-Bed Rent
N/A
N/A

Property Listings — Marion, MT

As of Oct '25, Realtor.com reports that the median days on market for a home in Marion, MT is 98. This is a decrease of -6.0% 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 9.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$900,00030.0%
Listing Count
2274.0%
Listings as % of Homes1.4%74.0%
Days on Market
98-6.0%
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Demographics — Marion, MT

As of the latest ACS Survey released in 2023, Marion, MT has a population of 1,560, which has increased by 13.4% over the past 5 years. Marion, MT is a moderately popular place for families, as children make up 21.9% of the population. The area has a poorly educated workforce, with 15.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 24.1% reporting working from home.

MetricLatest CensusYoY % Change
Population
1,56013.4%
% Under 18
21.9%13.5%
% Seniors
18.4%-2.6%
% WFH
24.1%270.8%
% w/ College Degree
15.2%-20.4%
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As of the latest ACS Survey released in 2023, Marion, MT is a predominantly white area, with 93.3% of the population identifying as white. The white population has shrunk by 2.7% in the last 5 years. The second most common race or ethnicity in Marion, MT is hispanic, making up 1.8% of the population. Foreign-born residents account for 2.0% of the population in Marion, MT, and this percentage has decreased by 51.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
93.3%-2.7%
% Black
0.2%∞%
% Hispanic
1.8%157.1%
% Asian
0.3%-88.5%
% Foreign Born
2.0%-51.2%
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Mortgage and Risk — Marion, MT

According to HUD data as of 2023, there were 45 mortgage originations in Marion, MT, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Marion, MT. Investor activity is low, as 0.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
45
% Conventional Loans
76.0%
% Government Loans
24.0%
% Investor Loans
0.0%
% Second Loans
9.0%
% Cash Out Refinance
11.0%

Loan Activity

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Rentals and Section 8 — Marion, MT

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

Section 8 Market Size

Total Units under HUD
1
Total Units Section 8
1
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,110
2 Bedroom$350$1,100$1,450
3 BedroomN/AN/A$1,930
4 Bedroom-$70$2,500$2,430

Affordability — Marion, MT

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio11.1
Median Home Price$684,000
Median Household Income$61,100

Marion, MT — ZIP Code Boundary Map

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Frequently Asked Questions