Home prices
The median home in Marion is valued at $67,800. This is roughly $13,960 (17%) lower compared to its surrounding areas.It is approximately $149,700 (68%) lower compared to the nation as a whole, and compared to the city of Fort Wayne it is roughly $47,300 (41%) lower.
Rents
The median monthly rent in Marion is $673. Compared to its nearby areas it is roughly $120 (15%) lower.Compared to the country as a whole it is roughly $389 (36%) lower, and it is about $91 (11%) lower in comparison to the city of Fort Wayne.
Nearby places
Jonesboro
Jonesboro is approximately 4 miles south of Marion. Its real estate prices are pretty similar. The median home in Jonesboro is valued at $69,700, which is $1,900 (2%) higher than Marion. Rents there are somewhat more expensive. The median rent in Jonesboro is $754 a month, which is $81 (10%) higher than Marion.
Sweetser
Sweetser is roughly 4 miles west from Marion. Its real estate prices are a bit more expensive. The median home in Sweetser is valued at $98,400, which comes out to $30,600 (31%) higher than Marion. Rents there are similar. In Sweetser the median monthly rent is $697, which works out to $24 (3%) higher than Marion.
Gas City
Gas City is approximately 5 miles southeast of Marion. The real estate prices there are a bit more expensive. The median home in Gas City is valued at $88,600, which is $20,800 (23%) higher than Marion. Rents there are a little more expensive. In Gas City the median monthly rent is $826, which is $153 (18%) higher than Marion.
Swayzee
Swayzee is about 7 miles west from Marion. Its real estate prices are a bit more expensive. The median home in Swayzee is valued at $88,900, which is $21,100 (23%) higher than Marion. Rent there is a little more expensive. In Swayzee the median rent is $848 a month, which works out to $175 (20%) higher than Marion.
Van Buren
Van Buren is approximately 8 miles northeast from Marion. The real estate prices there are somewhat less expensive. The median home in Van Buren is valued at $63,200, which works out to $4,600 (7%) lower than Marion. The rent there is a little more expensive. The median rent in Van Buren is $838 per month, which is $165 (19%) higher than Marion.