Is Marion, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Marion was a Neutral Market.
Housing Prices in Marion, MA
How much do homes in Marion, MA cost?
Median Sold Price
$860,000
$373/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Marion was $860,000 in April 2024, up 22.9% from last year, and the median price per square foot was $373.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $409K | $425K | +3.9% |
3 Bedrooms | $650.5K | $774.4K | +19.1% |
4 Bedrooms | $985K | $1.0M | +4.1% |
5+ Bedrooms | $780K | $943.7K | +21.0% |
Summary: Marion housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 19.1%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes increased by 21%.
Median Sold Price Compared To Nearby Cities
Marion | $699.9K | $860K | +22.9% |
Rochester | $550K | $650K | +18.2% |
West Wareham | $410K | $475K | +15.9% |
Mattapoisett | $700K | $725.7K | +3.7% |
Wareham | $410K | $419.7K | +2.4% |
Housing Supply in Marion, MA
How many homes are available in Marion, MA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 22 | +29.4% |
Summary: The Marion real estate market had 22 homes for sale in April 2024, a 29.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 5 | 7 | +40.0% |
4 Bedrooms | 7 | 7 | 0.0% |
5+ Bedrooms | 3 | 6 | +100.0% |
Summary: The Marion housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Marion in April 2024, the same as the previous month. Of the 3 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% were sold over asking.
Days on Market for Marion, MA
How long does it take to sell a home in Marion, MA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
19 Days | 51 Days | +161.0% |
Summary: Homes in Marion had an average of 51 days on market in Apr 2024, up by 161% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Marion; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.