Marion County, Alabama Housing Market Prices
Marion County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 31% below the Alabama median$110,185
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Median rent 38% below the Alabama median Cheaper than 91% of counties in Alabama$629
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Marion County | Alabama Avg | US Average |
|---|---|---|---|
| Median Home Price | $110,185 | $160,474 | $248,835 |
| Price Trend (Annual %) | 10.2% | 6.3% | 7.5% |
| Median Gross Rent | $629 | $1,007 | $1,407 |
| Rent Trend (Annual %) | 3.5% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Marion County is about 31% lower than in Alabama. Rent is about 38% lower than the Alabama average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Marion County, up about 10.2% and 3.5% a year respectively. Home prices are changing faster.
Median rent in Marion County rose about 29.8% between 2015 and 2024, from $485 to $629. Over the same span, rent in Alabama rose about 40.5%.
Affordability
On average, housing unit costs 2.2 yearly household incomes in Marion County.
Buying the median-priced home in Marion County costs roughly 14.6 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Marion County. The price-to-rent ratio in Alabama is about 13.3.
| Metric | Marion County | Alabama Avg | US Average |
|---|---|---|---|
| Median Home Price | $110,185 | $160,474 | $248,835 |
| Median Household Income | $50,086 | $64,544 | $80,455 |
| Price-to-Income Ratio | 2.2 | 2.5 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Marion County rose about 79.9%, while median household income rose about 46.0% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Marion County | Alabama Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 57.3% | 60.0% | 58.5% |
| Rental Rate | 17.3% | 25.5% | 31.2% |
| Vacancy Rate | 25.4% | 14.5% | 10.2% |
| Median Tenure (years) | 19.0 | 16.0 | 15.0 |
| Median Year Moved In | 2007 | 2010 | 2011 |
Marion County has a homeownership rate of 57.3%, lower than the Alabama average of 60.0%. Its housing vacancy rate is 25.4%, compared with 14.5% in Alabama.
Housing Stock
| Metric | Marion County | Alabama Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.69 people | 2.48 people | 2.53 people |
| Median Structure Built Year | 1978 | 1985 | 1978 |
| Median Number of Rooms | 5.3 | 5.9 | 5.5 |
The typical housing unit in Marion County was built around 1978. On average, 2.7 people live in a home with about 5.3 rooms, staying for about 19.0 years on average.
Marion County, AL Housing Compared With Nearby Counties
Marion County, AL is the 2nd largest of the 5 counties compared here, 29,184 residents against a local median of 19,867. Nothing separates Marion County, AL sharply from the counties around it. Each measure below lands within 15% of the local median, close enough that the differences are within what survey sampling alone would produce.
The largest of those small differences is median rent, 6% below the local median at $629 against $671. Marion County, AL has the 4th highest median rent of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Marion County, AL | 29,184 | $110,185 #3/5 | $629 #4/5 | 76.8% #2/5 |
| Franklin County, AL | 31,966 | $124,863 | $675 | 72.4% |
| Lamar County, AL | 13,693 | $123,610 | $548 | 75.7% |
| Fayette County, AL | 16,053 | $97,142 | $667 | 78.4% |
| Winston County, AL | 23,682 | $13,275 | $802 | 75.8% |
Frequently Asked Questions
Common questions about the housing market in Marion County, Alabama.
What is the median home price in Marion County, Alabama?
The median home price in Marion County, Alabama is $110,185, lower than the Alabama average of $160,474.
What is the average home price in Marion County, Alabama?
The typical home price in Marion County, Alabama, reported as the median sale price, is $110,185. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Marion County, Alabama?
The median gross rent in Marion County, Alabama is $629 per month, lower than the Alabama average of $1,007.
What was the median gross rent in Marion County in 2020?
In 2020, the median gross rent in Marion County, Alabama was $529 per month.
What is the price-to-rent ratio in Marion County, Alabama?
The price-to-rent ratio in Marion County, Alabama is about 14.6, meaning it would take roughly 14.6 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Marion County.
Are home prices or rent rising faster in Marion County, Alabama?
Both home prices and rent are rising in Marion County, up about 10.2% and 3.5% a year respectively. Home prices are changing faster.
What is the homeownership rate in Marion County, Alabama?
57.3% of households in Marion County, Alabama own their home, lower than the Alabama average of 60.0%.
What is the vacancy rate in Marion County, Alabama?
The housing vacancy rate in Marion County, Alabama is 25.4%, higher than the Alabama average of 14.5%.
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