Home prices
The median home in Marion is valued at $79,300. It is about $6,760 (7%) lower in comparison to its nearby areas.Compared to the rest of the country it is approximately $138,200 (63%) lower, and compared to the city of Sioux Falls is approximately $110,500 (58%) lower.
Rents
The median rent in Marion is $683 per month. This is about $39 (5%) higher in comparison to nearby areas.In comparison to the US as a whole it is approximately $379 (35%) lower, and compared to the city of Sioux Falls it is about $144 (17%) lower.
Nearby places
Monroe
Monroe is about 4 miles northeast from Marion. Its real estate prices are a lot less expensive. Monroe's median home cost is $43,800, which comes out to $35,500 (81%) lower than Marion. The rent there is similar. In Monroe the median monthly rent is $683, which is very similar to Marion.
Parker
Parker is roughly 5 miles east from Marion. The housing prices there are a lot more expensive. Parker's median home price is $128,200, which works out to $48,900 (38%) higher than Marion. Rent there is somewhat less expensive. In Parker the median monthly rent is $594, which works out to $89 (14%) lower than Marion.
Freeman
Freeman is about 8 miles southwest of Marion. Its real estate prices are a little more expensive. The cost of the median home in Freeman is $88,600, which works out to $9,300 (10%) higher than Marion. Its rents are somewhat less expensive. In Freeman the median monthly rent is $613, which works out to $70 (11%) lower than Marion.
Canistota
Canistota is roughly 11 miles north of Marion. The real estate prices there are somewhat more expensive. The median home in Canistota costs $90,500, which comes out to $11,200 (12%) higher than Marion. The rent there is a bit less expensive. In Canistota the median rent is $544 a month, which comes out to $139 (25%) lower than Marion.
Hurley
Hurley is approximately 11 miles southeast of Marion. The housing prices there are pretty similar. The median home in Hurley costs $79,200, which is very similar to Marion. The rent there is somewhat more expensive. The median rent in Hurley is $788 per month, which comes out to $105 (13%) higher than Marion.