Marion, AR—72364
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Marion, AR
As of Oct '25, the median home price in Marion, AR is $231,000, with a year-over-year change of 4.4%. This indicates that home prices in Marion, AR are increasing. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $231,000 | 4.4% |
| Single Family | $231,000 | 4.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $223,000 | 5.2% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
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 |
% of Rental Stock
Property Listings — Marion, AR
As of Oct '25, Realtor.com reports that the median days on market for a home in Marion, AR is 52. This is a decrease of -11.0% 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 | $336,000 | -5.0% |
Listing Count | 67 | 9.0% |
| Listings as % of Homes | 0.6% | 9.0% |
Days on Market | 52 | -11.0% |
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% |
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% |
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% |
Loan Activity
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 |
Affordability — Marion, AR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $231,000 |
| Median Household Income | $76,100 |