January's First-Time Homebuyer Report for Marion

Marion is an average-sized city in Texas with 1,066 residents. Its population is growing faster than the rest of the state, at a 10-year growth rate of 2.3%. With an ownership ratio of 65.4%, most people in Marion are homeowners. Leading the list of best schools in the city are Norma Krueger El/Bert Karrer Campus, Marion Middle School, and Marion High School.

Price Range

Homes in Marion are generally more expensive than others in the state with a median home value of $94,000 and an average list price of $232,082. Typically, Marion accounts for 0.5 sales per month. This time sellers weren't able to find buyers for their properties, resulting in yet another 30 day period of no sales.

Wonder which homes are generating the most buzz? Here are the most viewed listings in Marion:

$225K   $185K  

Typical Dwelling

A three-bedroom detached home valued around $215,967 is considered a typical dwelling in Marion. If a buyer was looking for a similar home, they would need good credit and a $43,193 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $195 and the property tax rate is $15.74 per $1,000 of taxable assessed value.

Get started right now by checking out Marion homes for sale or reviewing Marion real estate trends.


Data reported through 1/12/2017

Comments:

Ask a local expert about this area:
Simmonds
Snapped 1 home in this area
Connect Realty
Snapped 1 home in this area

©2017 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2017 SmartZip Analytics, Inc. and ©2017 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.