Housing in Marion

Marion's housing market runs genuinely, substantially below the national median, reflecting both a real affordability opportunity and the city's disclosed economic backdrop.

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Genuinely very affordable home values

Marion's typical home value ran a real $112,443 -- well below the national median, and below Grant County's own broader $158,975 median listing price (March 2026).

A genuinely low property-tax add-on

Marion's 0.89% median effective property tax rate (Ownwell) and $858 median annual tax bill both run genuinely low, under Indiana's statutory Circuit Breaker cap.

A retiree-relevant affordability story

Marion's genuinely low home values, combined with the city's real, disclosed approximately 30% senior population share, make housing affordability a genuine, relevant factor for prospective retirees evaluating the market.

Key takeaways

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Last reviewed: 2026-08-27. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.