Is Marion Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Marion Township has remained a Seller's Market.
Key Takeaway
Marion Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Marion Township, OH
How much do homes in Marion Township, OH cost?
Median Sold Price
$157,780
$115/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Marion Township have sold for 15.2% more than they did a year ago.
Summary: The median home sold price in Marion Township was $157,780 in March 2024, up 15.2% from last year, and the median price per square foot was $115.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $30K | $57K | +90.0% |
| 2 Bedrooms | $108K | $117K | +8.3% |
| 3 Bedrooms | $150.9K | $152.7K | +1.2% |
| 4 Bedrooms | $175K | $218K | +24.6% |
| 5+ Bedrooms | $360.4K | $325.9K | -9.6% |
Summary: Marion Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 90%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 24.6%, and 5+ bedroom homes decreased by 9.6%.
Median Sold Price Compared To Nearby Cities
| Marion Township | $137K | $157.7K | +15.2% |
| Jefferson Township | $188.5K | $185K | -1.9% |
Housing Supply in Marion Township, OH
How many homes are available in Marion Township, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 225 | 218 | -3.1% |
Summary: The Marion Township real estate market had 218 homes for sale in March 2024, a 3.1% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 2 | -50.0% |
| 2 Bedrooms | 33 | 35 | +6.1% |
| 3 Bedrooms | 132 | 123 | -6.8% |
| 4 Bedrooms | 48 | 49 | +2.1% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Marion Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 6.1%, 3 bedroom homes decreased by 6.8%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 47 | 48 | +2.1% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Marion Township, you may be able to get a good deal. 56.3% of homes here sold below asking price last month.
Summary: A total of 48 homes were sold or pending in Marion Township in March 2024, up by 2.1% month-over-month. Of the 48 sold homes, 56% were sold under asking, 23% were sold at asking, and 21% were sold over asking.
Days on Market for Marion Township, OH
How long does it take to sell a home in Marion Township, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 46 Days | 30 Days | -34.6% |
Summary: Homes in Marion Township had an average of 30 days on market in Mar 2024, down by 34.6% compared to last year.
Breakdown of Home Sale Times
32 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Marion Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 48 homes were sold in Marion Township; 67% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. 
Copyright 2024 NORIS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the NORIS MLS. Real estate listings held by brokerage firms other than this brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. This broker participates in Northwest Ohio Real Estate Information Systems, Inc. Broker Reciprocity program, allowing us to display other broker’s listings on our site. 
This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Copyright ©2024 by the Multiple Listing Service of Greater Cincinnati, Inc. All rights reserved. For the most current information, contact your Broker.
This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 DABR MLS. All Rights Reserved