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  1. Home
  2. /Browse ZIP Codes
  3. /Massachusetts
  4. /Marion, MA - 02738

Marion, MA—02738

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$844,000
4.4% YoY Growth
Household Income
$120,000
49.9% YoY Growth
Days on Market
33
77.0% Longer YoY
Home Price Forecast
1.4%
Median Rent
$2,580
18.4% YoY Growth
1-Bed Rent
$1,650
24.1% YoY Growth
2-Bed Rent
N/A
N/A
3-Bed Rent
$2,800
21.3% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Marion, MA

As of May '26, the median home price in Marion, MA is $844,000, with a year-over-year change of 4.4%. This indicates that home prices in Marion, MA are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$844,0004.4%
Single Family $845,0005.1%
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
    $568,0004.2%
    3 Bed
    $738,0004.4%
    4 Bed
    $1,012,0004.7%
    5 Bed $1,674,1336.7%
    Loading chart...

    % of Housing Stock

    1 Bedroom
    2.5%
    2 Bedrooms
    20.7%
    3 Bedrooms
    40.4%
    4 Bedrooms
    27.0%
    5+ Bedrooms
    9.5%

    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.

    TypeMedian RentAverage Rent
    Average Rent$2,580$2,530
    Studio Rent N/AN/A
    1 Bed Rent $1,650$2,110
    2 Bed Rent N/AN/A
    3 Bed Rent $2,800$2,800
    4 Bed Rent $3,100$3,100
    Loading chart...

    % 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.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    $1,130,00030.0%
    Listing Count
    3749.0%
    Listings as % of Homes0.3%49.0%
    Days on Market
    3377.0%
    Loading chart...

    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.

    MetricLatest CensusYoY % Change
    Population
    5,3104.2%
    % Under 18
    19.4%-17.1%
    % Seniors
    23.1%-16.3%
    % WFH
    18.9%62.9%
    % w/ College Degree
    45.2%-13.2%
    Loading chart...

    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

    MetricLatest Census5-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

    MetricZip 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%
    Loading chart...
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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 SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$490$1,650$2,140
    2 BedroomN/AN/A$2,550
    3 Bedroom$280$2,800$3,080
    4 Bedroom$290$3,100$3,390

    Affordability — Marion, MA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio5.9
    Median Home Price$844,000
    Median Household Income$120,000

    Marion, MA — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Mattapoisett, MA

    02739

    Wareham, MA

    02576

    Wareham, MA

    02571

    Rochester, MA

    02770

    Onset

    02558

    Frequently Asked Questions