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MARION, VA 24354

Real Estate Market Report  ·  Smyth County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
58
⇧ 23.4% vs 47 last year
Pending
11
19% pending ratio
Median Price
$217,000
⇩ 1.9% vs $221,250 last year
Average Price
$243,283
⇩ 5.5% vs $257,500 last year
Days on Market
135
⇧ 12.5% vs 120 days last year

Market Context

Population: 13,918  ·  Density: 44.9/mi²  ·  Median household income: $41,091

Typical home value: $133,570  ·  Homeownership: 63.5%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The MARION, VA real estate market (24354) currently shows 58 active listings, with 11 pending sales. Homes are averaging 135 days on the market before going under contract.

Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 135 days on market compared to 120 days last year.

The median listing price has fallen 1.9% year-over-year, from $221,250 to $217,000.

Whether you are buying or selling in MARION, VA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 58 this year vs 47 last year
  • Days on market: 135 now vs 120 last year

Median & Average Pricing

Year over Year
  • Median: $217,000 (-1.9% YoY)
  • Average: $243,283 (-5.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 23.9 miles — 199 listings ($60,982,634 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
24354Marion, VA 243540.0 mi58$14,110,414$217,000$243,283
24311Atkins, VA 243118.4 mi3$497,850$165,950$165,950
24370Saltville, VA 2437010.5 mi22$4,001,514$130,000$181,887
24377Tannersville, VA 2437712.6 mi1$119,999$119,999$119,999
24368Rural Retreat, VA 2436814.1 mi20$8,125,520$259,500$406,276
24318Ceres, VA 2431815.0 mi3$382,350$127,450$127,450
24236Damascus, VA 2423616.4 mi16$5,925,232$375,000$370,327
24651Tazewell, VA 2465117.8 mi19$4,260,560$187,500$224,240
24374Speedwell, VA 2437418.8 mi3$822,210$289,500$274,070
37680Laurel Bloomery, TN 3768019.9 mi2$700,000$350,000$350,000
24609Cedar Bluff, VA 2460920.1 mi18$4,534,380$220,000$251,910
28643Lansing, NC 2864320.2 mi17$10,020,650$587,500$589,450
24348Independence, VA 2434823.9 mi17$7,481,955$310,000$440,115

Frequently Asked Questions

How many homes are for sale in MARION, VA 24354?

As of January 2026, there are 58 active listings in MARION, VA (zip code 24354), compared to 47 the prior year.

What is the median home price in MARION, VA 24354?

The median listing price in MARION, VA 24354 is $217,000 as of January 2026, a 1.9% decrease from $221,250 the prior year.

How long do homes stay on the market in MARION, VA?

Homes in MARION, VA 24354 spend an average of 135 days on the market before going under contract, compared to 120 days the prior year.

Is it a seller's or buyer's market in MARION, VA 24354?

Based on current inventory and days-on-market data as of January 2026, MARION, VA 24354 is currently a Buyer's Market. Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 135 days on market compared to 120 days last year.

How much can I save on real estate commission in MARION, VA?

With SELL123.com's maximum 3% commission, sellers in MARION, VA 24354 save an estimated $4,340 compared to a typical 5% commission on the median listing price of $217,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.