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Marion, OH Real Estate


According to census data in the year 2000 there were 14,734 housing units in Marion. This represents a 3.4% growth from 14,243 in 1990.

Of those housing units, 14,729 were located in either urbanized areas or urban clusters, and 5 were located in what is classified as a rural area.

Homeownership rate in Marion is about 63.3%. Marion's vacancy rate, including seasonal lodging, is about 8%. Average household size is 2.44 people.

The majority of houses, apartments or condos in Marion were built after 1948.

Statistics

Housing Size

Housing Units by Size
Studio Type1.40%
One Bedroom10.90%
Two Bedrooms27.40%
Three Bedrooms48.80%
Four Bedrooms10.50%
Five Bedrooms or more1.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.49
Median year structure was built1947
Median Value of occupied units$66,700
Median Price asked for vacant units$61,000

Rented Homes, Apartments and Condos

Average Household Size2.35
Median year structure was built1951
Median Monthly Rent asked for vacant units$377

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage7.30%
Home Equity Loan5.70%
Simple Mortgage51.70%
Debt Free34.90%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs16.9%