Marion County, Ohio 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 8% above the Ohio median$150,236
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Median rent 16% below the Ohio median$864
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Marion County | Ohio Avg | US Average |
|---|---|---|---|
| Median Home Price | $150,236 | $139,044 | $248,835 |
| Price Trend (Annual %) | 23.8% | 6.7% | 7.5% |
| Median Gross Rent | $864 | $1,033 | $1,407 |
| Rent Trend (Annual %) | 2.7% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Marion County is about 8% higher than in Ohio. Rent is about 16% lower than the Ohio 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 23.8% and 2.7% a year respectively. Home prices are changing faster.
Median rent in Marion County rose about 24.7% between 2015 and 2024, from $692 to $864. Over the same span, rent in Ohio rose about 41.7%.
Affordability
On average, housing unit costs 2.5 yearly household incomes in Marion County.
Buying the median-priced home in Marion County costs roughly 14.5 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 Ohio is about 11.2.
| Metric | Marion County | Ohio Avg | US Average |
|---|---|---|---|
| Median Home Price | $150,236 | $139,044 | $248,835 |
| Median Household Income | $59,541 | $71,509 | $80,455 |
| Price-to-Income Ratio | 2.5 | 1.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Marion County rose about 456.6%, while median household income rose about 37.1% 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 | Ohio Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 60.9% | 61.7% | 58.5% |
| Rental Rate | 29.4% | 30.1% | 31.2% |
| Vacancy Rate | 9.8% | 8.1% | 10.2% |
| Median Tenure (years) | 16.0 | 16.0 | 15.0 |
| Median Year Moved In | 2010 | 2010 | 2011 |
Marion County has a homeownership rate of 60.9%, lower than the Ohio average of 61.7%. Its housing vacancy rate is 9.8%, compared with 8.1% in Ohio.
Housing Stock
| Metric | Marion County | Ohio Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.41 people | 2.37 people | 2.53 people |
| Median Structure Built Year | 1963 | 1970 | 1978 |
| Median Number of Rooms | 6.1 | 5.9 | 5.5 |
The typical housing unit in Marion County was built around 1963. On average, 2.4 people live in a home with about 6.1 rooms, staying for about 16.0 years on average.
Marion County, OH Housing Compared With Nearby Counties
Marion County, OH is the 3rd largest of the 6 counties compared here, 65,020 residents against a local median of 41,711. The measure that sets Marion County, OH apart most is median home price: $150,236, 79% above the local median of $83,950.
The counties themselves spread $399,517 on median home price, so Marion County, OH sits at one end of an already wide local range rather than apart from it. Marion County, OH has the 3rd highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Marion County, OH | 65,020 | $150,236 #3/6 | $864 #4/6 | 67.5% #6/6 |
| Wyandot County, OH | 18,073 | $58,749 | $827 | 75.2% |
| Delaware County, OH | 226,834 | $454,424 | $1,491 | 78.5% |
| Union County, OH | 67,322 | $242,497 | $1,246 | 79.2% |
| Crawford County, OH | 41,711 | $83,950 | $793 | 73.1% |
| Morrow County, OH | 35,404 | $54,907 | $937 | 81.2% |
Frequently Asked Questions
Common questions about the housing market in Marion County, Ohio.
What is the median home price in Marion County, Ohio?
The median home price in Marion County, Ohio is $150,236, higher than the Ohio average of $139,044.
What is the average home price in Marion County, Ohio?
The typical home price in Marion County, Ohio, reported as the median sale price, is $150,236. 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, Ohio?
The median gross rent in Marion County, Ohio is $864 per month, lower than the Ohio average of $1,033.
What was the median gross rent in Marion County in 2020?
In 2020, the median gross rent in Marion County, Ohio was $735 per month.
What is the price-to-rent ratio in Marion County, Ohio?
The price-to-rent ratio in Marion County, Ohio is about 14.5, meaning it would take roughly 14.5 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, Ohio?
Both home prices and rent are rising in Marion County, up about 23.8% and 2.7% a year respectively. Home prices are changing faster.
What is the homeownership rate in Marion County, Ohio?
60.9% of households in Marion County, Ohio own their home, lower than the Ohio average of 61.7%.
What is the vacancy rate in Marion County, Ohio?
The housing vacancy rate in Marion County, Ohio is 9.8%, higher than the Ohio average of 8.1%.
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