Housing · Marion

Marion, KY housing market

The typical Marion home is worth about $134,000, down 10.5% in a year, 43% below the Kentucky typical home.

Home values, sales, trends and how Marion compares with the towns next door — updated as new data is published.

The market right now

Marion at a glance

Typical home value
$134K
▼ 10.5% in a year · Zillow
Ten-year trend

Typical home value, 2016–2026

MarionKentucky
$100K$125K$150K$175K$200K$225K$250K 20182020202220242026 Marion $134K Kentucky $233K
Show as a table
JanuaryMarionKentucky
2017$113,000$131,000
2018$120,000$138,000
2019$123,000$146,000
2020$127,000$155,000
2021$144,000$173,000
2022$147,000$191,000
2023$153,000$207,000
2024$144,000$216,000
2025$158,000$229,000
2026$143,000$233,000
August 2026$134,000$233,000
New construction

1 new home permitted in 2025

Builders were permitted 1 new home in Marion in 2025. That's 0.3 per 1,000 residents, slower than across Kentucky (6.5). Over the past 10 years, Marion has permitted 58 homes in all.

New homes, 2025
1
▼ 98% vs 2024
2026 so far
17
Jan–Aug · ▼ 32% vs last year
Per 1,000 residents
0.3
Kentucky: 6.5
Single-family
100%
of 2025’s new homes
Single-familyTwo or more homes per building2026 so far
01020304050 2003: 3 homes 2003 2004: 1 home 2005: 0 homes 2005 2006: 0 homes 2007: 2 homes 2008: 2 homes 2009: 0 homes 2010: 5 homes (1 single-family, 4 in buildings with 2+ homes) 2010 2011: 1 home 2012: 1 home 2013: 0 homes 2014: 1 home 2015: 0 homes 2015 2016: 1 home 2017: 2 homes 2018: 2 homes 2019: 1 home 2020: 1 home 2020 2021: 1 home 2022: 1 home 2023: 0 homes 2024: 48 homes (0 single-family, 48 in buildings with 2+ homes) 2025: 1 home 2025 2026 so far: 17 homes (2 single-family, 15 in buildings with 2+ homes)

Homes vs. people, 2010–2020

Residents−123
New homes+14

Between the 2010 and 2020 censuses, Marion's population fell by 123 even though 14 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across Kentucky: 1.6 new residents per new home.

Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.

Show as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)17215$2 million
2025110$60,000
202448048$5.9 million
2023000—
2022110$150,000
2021110$150,000
2020110$150,000
2019110$150,000
2018220$316,000
2017220$316,000
2016110$48,000
2015000—
2014110$60,000
2013000—
2012110$64,000
2011110$60,000
2010514$499,000
2009000—
2008220$388,000
2007220$380,000
2006000—
2005000—
2004110$105,000
2003330$160,000

How Marion ranks on new homes being built →

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.

Affordability

3.4 years of income

The typical Marion home costs about 3.4 years of the town's median household income, about the same as across Kentucky (3.7).

How Marion ranks on affordability →

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
71.3%
Kentucky: 68.3%
Median tax bill
$569
Kentucky: $1,544
Median rent
$688
Kentucky: $967
Typical home built
1968
Kentucky: 1982

U.S. Census Bureau, ACS 2020-2024.

Renting

A two-bedroom rents for about $870

HUD's Fair Market Rent for a two-bedroom in Marion is $870 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Marion pay a median of $688, so moving in tends to cost more than staying put. A two-bedroom takes about 26% of the town's median household income.

1 bedroom
$680
a month, with utilities
2 bedrooms
$870
a month, with utilities
3 bedrooms
$1,040
a month, with utilities
Share of income
26%
2 bedrooms ÷ median income

Studio $620 · 4 bedrooms $1,210

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (42064; Livingston County, KY HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01