Marion, IN Real Estate

According to census data in the year 2000 there were 13,793 housing units in Marion. This represents a 1.5% decline from 14,000 in 1990.

Of those housing units, 13,719 were located in either urbanized areas or urban clusters, and 74 were located in what is classified as a rural area.

Homeownership rate in Marion is about 61.6%. Marion's vacancy rate, including seasonal lodging, is about 9.9%. Average household size is 2.29 people.

The majority of houses, apartments or condos in Marion were built after 1956.


Housing Size

Housing Units by Size
Studio Type1.50%
One Bedroom17.50%
Two Bedrooms31.90%
Three Bedrooms37.10%
Four Bedrooms10.10%
Five Bedrooms or more1.90%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.41
Median year structure was built1953
Median Value of occupied units$57,000
Median Price asked for vacant units$41,800

Rented Homes, Apartments and Condos

Average Household Size2.11
Median year structure was built1963
Median Monthly Rent asked for vacant units$339

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.80%
Home Equity Loan3.10%
Simple Mortgage54.80%
Debt Free35.30%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs14.7%