Is Marion, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
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
| # BEDS | Oct 2021 | Oct 2022 | % |
|---|---|---|---|
| 1 Bedroom | $320K | $310K | -3.1%  |
| 2 Bedrooms | $435K | $466K | +7.1% |
| 3 Bedrooms | $565K | $631.2K | +11.7% |
| 4 Bedrooms | $702.5K | $800K | +13.9% |
| 5+ Bedrooms | $1.2M | - | N/A |
Median Sold Price Compared To Nearby Cities
| Wareham | $354.9K | $404.2K | +13.9% |
| West Wareham | $385K | $427.5K | +11.0% |
| Mattapoisett | $615.8K | $650K | +5.5% |
| Rochester | $572.5K | $590K | +3.0% |
| Marion | $645K | $660.5K | +2.4% |
How many homes are available in Marion, MA?
Number of Homes For Sale
| Sep 2022 | Oct 2022 | % |
|---|---|---|
| 35 | 33 | -5.7% |
Homes For Sale By Bedroom Count
| # BEDS | Sep 2022 | Oct 2022 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 5 | -28.6% |
| 3 Bedrooms | 15 | 16 | +6.7%  |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Number of Homes Sold
| Sep 2022 | Oct 2022 | % |
|---|---|---|
| 7 | 11 | +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
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 2021 | Oct 2022 | % |
|---|---|---|
| 22 Days | 52 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
Key Takeaway
Many homes in Marion are selling fast, if you're buying plan to act quickly.
