Is Marion, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Marion is a seller's market

Buyer's
Market

Difference Since October 2021

Since last year, Marion has remained a Seller's Market.

Key Takeaway

Marion is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Marion, MA cost?

Median Sold Price

$660,500

$334/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$15,500(+2.4%)

Key Takeaway

Homes in Marion have sold for 2.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $320K$310K
-3.1%
2 $435K$466K
+7.1%
3 $565K$631.2K
+11.7%
4 $702.5K$800K
+13.9%
5+ $1.2M-
N/A

Median Sold Price Compared To Nearby Cities

Wareham
+13.9%
West Wareham
+11.0%
Mattapoisett
+5.5%
Rochester
+3.0%
Marion
+2.4%

How many homes are available in Marion, MA?

Number of Homes For Sale

Sep 2022Oct 2022%
3533-5.7%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 75
-28.6%
3 1516
+6.7%
4 98
-11.1%
5+ 44
0.0%

Number of Homes Sold

Sep 2022Oct 2022%
711+57.1%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Marion, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
22 Days52 Days+138.2%

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Marion are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Marion, MA

Homes for sale in Marion, MA have reached 33. The number of listings in Marion, MA decreased by 5.7% between September 2022 and October 2022. In October 2022 median list price was $660,500 and the average listing age was 52 days. From September 2022 through October 2022, the following changes in listing prices were observed in this housing market: 1 bedroom properties became 3.1% more cheaper, 2 bedrooms properties prices increased by 7.1%, 3 bedrooms properties prices increased by 11.7%, 4 bedrooms properties became 13.9% more expensive, prices of 5 bedrooms properties went up by 0%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes inventory did not change, 2 bedrooms homes inventory decreased by 28.6%, 3 bedrooms homes became 6.7% more available, volume of 4 bedrooms homes went down by 11.1%, 5 bedrooms homes did not move. In October 2022, from all listings sold in Marion, MA there were more than 3 sold above asking price, over 7 sold below and more than 1 were sold right at the asked price.

Related Housing Market Reports