Marion, AR 72364 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Marion, AR—72364

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$234,000

4.6% YoY Growth

Household Income

$76,100

18.5% YoY Growth

Days on Market

15.0% Shorter YoY

Home Price Forecast

0.9%

Median Rent

$825

25.0% YoY Growth

1-Bed Rent

$825

N/A

2-Bed Rent

$750

N/A

3-Bed Rent

$849

26.7% YoY Growth

Home Price Trends — Marion, AR

As of Dec '25, the median home price in Marion, AR is $234,000, with a year-over-year change of 4.6%. This indicates that home prices in Marion, AR are increasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$234,000	4.6%
Single Family	$234,000	4.9%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Marion, AR

As of July '25, Rentcast reports the average rent in Marion, AR is $1,290, with a year-over-year rent change of -25.0%. Per bedroom, the median rent as of July '25 in Marion, AR is studios: $4,000, 1-bedrooms: $912, 2-bedrooms: $782, 3-bedrooms: $1,260, 4-bedrooms: $3,500. The most common rental property sizes in Marion, AR are 2-bedroom and 3-bedroom, accounting for 45.1% and 29.9% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$825	$1,290
Studio Rent	$4,000	$4,000
1 Bed Rent	$825	$912
2 Bed Rent	$750	$782
3 Bed Rent	$849	$1,260
4 Bed Rent	$3,500	$3,500

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% of Rental Stock

Studio

3.7%

1 Bedroom

17.6%

2 Bedrooms

45.1%

3 Bedrooms

29.9%

4 Bedrooms

3.3%

5+ Bedrooms

0.3%

Property Listings — Marion, AR

As of Dec '25, Realtor.com reports that the median days on market for a home in Marion, AR is 46. This is a decrease of -14.0% 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 6.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$319,000	1.0%
Listing Count	71	1.0%
Listings as % of Homes	0.6%	1.0%
Days on Market	62	-15.0%

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Demographics — Marion, AR

As of the latest ACS Survey released in 2023, Marion, AR has a population of 16,400, which has increased by 4.1% over the past 5 years. Marion, AR is a popular place for families, as children make up 29.5% of the population. The area has a poorly educated workforce, with 22.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.7% reporting working from home.

Metric	Latest Census	YoY % Change
Population	16,400	4.1%
% Under 18	29.5%	4.2%
% Seniors	11.0%	3.8%
% WFH	6.7%	52.3%
% w/ College Degree	22.5%	-17.3%

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As of the latest ACS Survey released in 2023, Marion, AR is a predominantly white area, with 50.9% of the population identifying as white. The white population has shrunk by 11.2% in the last 5 years. The second most common race or ethnicity in Marion, AR is black, making up 35.4% of the population. Foreign-born residents account for 3.3% of the population in Marion, AR, and this percentage has increased by 83.3% 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	50.9%	-11.2%
% Black	35.4%	7.9%
% Hispanic	4.8%	54.8%
% Asian	1.3%	62.5%
% Foreign Born	3.3%	83.3%

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Mortgage and Risk — Marion, AR

According to HUD data as of 2023, there were 292 mortgage originations in Marion, AR, of which 42.0% of loans were conventional mortgages. The average loan-to-value was 80.0%, with 54.0% above 90% LTV (very high). This implies large mortgage risk in Marion, AR. Investor activity is low, as 2.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	292
% Conventional Loans	42.0%
% Government Loans	58.0%
% Investor Loans	2.0%
% Second Loans	0.0%
% Cash Out Refinance	13.0%

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Rentals and Section 8 — Marion, AR

As of 2024, the percent of homes in Marion, AR under the Section 8 program is 1.5%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Marion, AR, because HUD payments exceed market rent, while 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	24
Total Units Section 8	24
% Rentals under Section 8	1.5%
% Occupied Section 8	88.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$255	$825	$1,080
2 Bedroom	$460	$750	$1,210
3 Bedroom	$741	$849	$1,590
4 Bedroom	-$1,640	$3,500	$1,860

Marion, AR—72364

Key Metrics at a Glance

Home Price Trends — Marion, AR

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Marion, AR

% of Rental Stock

Property Listings — Marion, AR

Demographics — Marion, AR

Race and Ethnicity

Mortgage and Risk — Marion, AR

Mortgages

Rentals and Section 8 — Marion, AR

Section 8 Market Size

Section 8 Opportunity

Affordability — Marion, AR

Home Price to Income Ratio

Marion, AR — ZIP Code Boundary Map

Nearby ZIP Codes

West Memphis, AR

Downtown, Memphis, TN

Crawfordsville, AR

Edmondson

Uptown, Memphis, TN

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.8
Median Home Price	$234,000
Median Household Income	$76,100

Marion, AR—72364

Key Metrics at a Glance

Home Price Trends — Marion, AR

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Marion, AR

% of Rental Stock

Property Listings — Marion, AR

Demographics — Marion, AR

Race and Ethnicity

Mortgage and Risk — Marion, AR

Mortgages

Rentals and Section 8 — Marion, AR

Section 8 Market Size

Section 8 Opportunity

Affordability — Marion, AR

Home Price to Income Ratio

Marion, AR — ZIP Code Boundary Map

Nearby ZIP Codes

West Memphis, AR

Downtown, Memphis, TN

Crawfordsville, AR

Edmondson

Uptown, Memphis, TN

Frequently Asked Questions

What is the average home price in Marion, AR 72364?

How have home prices in Marion, AR 72364 changed over the past year?

What is the home price projection for Marion, AR 72364?

What are the demographics of Marion, AR 72364?

How long does it take homes to sell in Marion, AR 72364?

What is the average rent price in Marion, AR 72364?