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Foreclosure Homes in Marion, MI

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Marion, MI Foreclosures

How much do homes sell for in Marion, MI?
The average home price is currently $174,918.
In Marion, MI, how many homes are available?
There are currently 1,850 active home listings available in Marion.
What’s the average rental cost in Marion, MI?
The average rental price in Marion is $1,306.
What is the most expensive home in Marion, Michigan?
The most expensive home sold in Marion had a price of $1,044,063.
What is currently the cheapest priced home in Marion, MI?
The cheapest home for sale in Marion is priced at $13,568.

Home Value Estimator For Marion, MI

There are currently 1,850 real estate properties in Marion, MI, with a median automated valuation model (AVM) price of $146,453.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Marion, MI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Marion, MI, is $174,918.00, with the most expensive house in Marion, MI, topping out at $1,044,063.00 and the cheapest home in Marion, MI, clocking in at $13,568.00. In other words, there’s something for every potential homebuyer or savvy investor in Marion, MI!


Rent Prices In Marion, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Marion, MI, is on a rollercoaster ride. The average rent price in Marion, MI, is $1,306.00. Indeed, when looking to rent in Marion, MI, you can expect to pay as little as $720.00 or as much as $2,000.00, with the average rent median estimated to be $1,270.00. The good news is that finding an affordable and desirable property to rent in Marion, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Top Reasons To Live In Marion, MI In 2024

Marion is located in Osceola, Michigan, with an estimated municipal population of 856 residents. All of the best foreclosed homes for sale in Marion are located in the following zip code areas on Foreclosure.com: 49665. The estimated population per square kilometer (.62 miles) in Marion is 256.


Cost Of Living In Marion, MI

So, about how much do homes cost in Marion? The most recent median value of resident-owned homes in Marion is 72,682. An estimated 64.6 percent of households in Marion own their homes, with an average family size of 2.96. The median household income in Marion is 35,000, with1.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Marion, the median commute time of resident workers (in minutes) is 23.1. And last, but certainly not least, are you looking for homes to rent in Marion? If so, the average rent price paid by renters in Marion is 527, according to recent statistics.


Diversity And Demographics In Marion, Michigan

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Marion, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Marion is 37.5, split between 53.7 percent male versus 46.3 female. The percentage of residents who report being married in Marion is 39.9, with an average family size of 2.96.

The percentage of residents who report their race in Marion is as follows:

White 97.5%
Black / African American 0.6%
Asian 1.2%
American Indian / Alaskan Native 0.7%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0%
Other 0%

Looking for family-friendly neighborhoods in and/or near Marion? Or maybe you are searching for 55+ active adult communities in and/or near Marion?

The percentage of residents who report their age in Marion is as follows:

Under 10 11.3%
Aged 10-19 14.7%
20s 10.2%
30s 14.7%
40s 6.3%
50s 15.1%
60s 14.5%
70s 9.7%
80+ 3.3%

Best Schools In Marion, Michigan

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Marion with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Marion.


Pros And Cons Of Living In Marion, Michigan

How do you know that living in -- or moving to -- Marion is right where you need to be? Perhaps you grew up in Marion or already live nearby; therefore, the decision to buy a home in Marion is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Marion for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Marion:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Marion.


Reasons To Move To Marion, Michigan, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Marion can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Marion, meanwhile, can field multiple offers from more qualified buyers.

Marion, MI Foreclosures


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