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MARION, IN 46953

Real Estate Market Report  ·  Grant County
Balanced Market
July 2026  ·  Source: Realtor.com

Market Analysis

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

The MARION, IN real estate market (46953) currently shows 67 active listings, with 28 pending sales. Homes are averaging 52 days on the market before going under contract.

Inventory has increased compared to last year, with 19 more homes available — giving buyers more choice.

Homes are selling faster, averaging 52 days on market compared to 62 days last year.

The median listing price has fallen 13.3% year-over-year, from $127,400 to $110,500.

Whether you are buying or selling in MARION, IN, 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 Context

Market Context

Population: 23,334  ·  Density: 105.3/mi²  ·  Median household income: $45,701

Typical home value: $86,615  ·  Homeownership: 64.7%

Market Overview

Active Listings
67
⇧ 39.6% vs 48 last year
Pending
28
42% pending ratio
Median Price
$110,500
⇩ 13.3% vs $127,400 last year
Average Price
$135,915
⇩ 10.4% vs $151,607 last year
Days on Market
52
⇩ 16.1% vs 62 days last year

Price Per Square Foot

Median $/sqft
$76
⇩ 28.3% vs $106/sqft last year
Median Home Size
1,668 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 67 this year vs 48 last year
  • Days on market: 52 now vs 62 last year

Median & Average Pricing

Year over Year
  • Median: $110,500 (-13.3% YoY)
  • Average: $135,915 (-10.4% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 20.8 miles — 181 listings ($33,835,833 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46953Marion, IN 469530.0 mi55$6,505,675$81,500$118,285
46938Jonesboro, IN 469384.9 mi6$727,128$117,450$121,188
46987Sweetser, IN 469877.4 mi7$1,644,447$221,975$234,921
46986Swayzee, IN 469869.4 mi5$1,344,625$276,175$268,925
46991Van Buren, IN 4699110.5 mi6$1,077,546$99,900$179,591
46940La Fontaine, IN 4694012.0 mi5$1,241,520$199,375$248,304
46919Converse, IN 4691912.9 mi7$1,287,125$118,000$183,875
47342Gaston, IN 4734215.3 mi4$612,268$172,425$153,067
46792Warren, IN 4679215.7 mi8$1,766,784$198,675$220,848
46911Amboy, IN 4691117.6 mi2$706,084$339,900$353,042
46001Alexandria, IN 4600118.5 mi34$6,241,482$156,950$183,573
46076Windfall, IN 4607618.9 mi3$973,698$258,700$324,566
46992Wabash, IN 4699220.8 mi39$9,707,451$219,900$248,909

Frequently Asked Questions

How many homes are for sale in MARION, IN 46953?

As of July 2026, there are 67 active listings in MARION, IN (zip code 46953), compared to 48 the prior year.

What is the median home price in MARION, IN 46953?

The median listing price in MARION, IN 46953 is $110,500 as of July 2026, a 13.3% decrease from $127,400 the prior year.

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

Homes in MARION, IN 46953 spend an average of 52 days on the market before going under contract, compared to 62 days the prior year.

Is it a seller's or buyer's market in MARION, IN 46953?

Based on current inventory and days-on-market data as of July 2026, MARION, IN 46953 is currently a Balanced Market. Inventory has increased compared to last year, with 19 more homes available — giving buyers more choice. Homes are selling faster, averaging 52 days on market compared to 62 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MARION, IN 46953 save an estimated $2,210 compared to a typical 5% commission on the median listing price of $110,500. 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.