Marion, LA—71260
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Marion, LA
As of Oct '25, the median home price in Marion, LA is $114,000, with a year-over-year change of -3.6%. This indicates that home prices in Marion, LA are decreasing. According to Zillow, the 1-year price projection is -2.8%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $114,000 | -3.6% |
| Single Family | $114,000 | -0.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $67,000 | -8.2% |
3 Bed | $130,000 | 1.6% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Marion, LA
Marion, LA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Marion, LA
As of Oct '25, Realtor.com reports that the median days on market for a home in Marion, LA is 95. This is a increase of 370.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $121,000 | -25.0% |
Listing Count | 3 | 0.0% |
| Listings as % of Homes | 0.1% | 0.0% |
Days on Market | 95 | 370.0% |
Demographics — Marion, LA
As of the latest ACS Survey released in 2023, Marion, LA has a population of 3,230, which has increased by 12.3% over the past 5 years. Marion, LA is a popular place for families, as children make up 26.5% of the population. The area has a poorly educated workforce, with 19.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,230 | 12.3% |
% Under 18 | 26.5% | 41.0% |
% Seniors | 21.6% | -25.0% |
% WFH | 0.4% | -77.8% |
% w/ College Degree | 19.3% | 11.6% |
As of the latest ACS Survey released in 2023, Marion, LA is a predominantly white area, with 76.5% of the population identifying as white. The white population has grown by 13.2% in the last 5 years. The second most common race or ethnicity in Marion, LA is black, making up 20.9% of the population. Foreign-born residents account for 0.2% of the population in Marion, LA, and this percentage has increased by 100.0% 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 | 76.5% | 13.2% |
% Black | 20.9% | -34.7% |
% Hispanic | 0.6% | 500.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.2% | 100.0% |
Mortgage and Risk — Marion, LA
According to HUD data as of 2023, there were 44 mortgage originations in Marion, LA, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 87.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Marion, LA. Investor activity is high, as 20.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 44 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 20.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Marion, LA
Marion, LA 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 | 1.6% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $700 |
| 2 Bedroom | N/A | N/A | $900 |
| 3 Bedroom | N/A | N/A | $1,160 |
| 4 Bedroom | N/A | N/A | $1,200 |
Affordability — Marion, LA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $114,000 |
| Median Household Income | $32,400 |