Marion, MS housing market
The typical Marion home is worth about $175,000, down 0.5% in a year, 12% below the Mississippi typical home.
Home values, sales, trends and how Marion compares with the towns next door — updated as new data is published.
Marion at a glance
Typical home value, 2016–2026
Show as a table
| January | Marion | Mississippi |
|---|---|---|
| 2017 | $152,000 | $138,000 |
| 2018 | $140,000 | $140,000 |
| 2019 | $145,000 | $144,000 |
| 2020 | $147,000 | $150,000 |
| 2021 | $155,000 | $162,000 |
| 2022 | $173,000 | $185,000 |
| 2023 | $170,000 | $188,000 |
| 2024 | $163,000 | $188,000 |
| 2025 | $177,000 | $195,000 |
| 2026 | $173,000 | $195,000 |
| August 2026 | $175,000 | $198,000 |
14 new homes permitted in 2025
Builders were permitted 14 new homes in Marion in 2025, all single-family houses, worth about $4.1 million to build. That's 6.9 per 1,000 residents, faster than across Mississippi (4). Over the past 10 years, Marion has permitted 62 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Marion gained 272 residents while 60 new homes were permitted: about 4.5 new residents per new home. Population grew faster than building, so existing homes filled up: a sign of tight supply.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 10 | 10 | 0 | $3 million |
| 2025 | 14 | 14 | 0 | $4.1 million |
| 2024 | 20 | 20 | 0 | $6.1 million |
| 2023 | 12 | 12 | 0 | $4.1 million |
| 2022 | 2 | 2 | 0 | $600,000 |
| 2021 | 2 | 2 | 0 | $600,000 |
| 2020 | 2 | 2 | 0 | $600,000 |
| 2019 | 2 | 2 | 0 | $600,000 |
| 2018 | 3 | 3 | 0 | $488,000 |
| 2017 | 3 | 3 | 0 | $956,000 |
| 2016 | 2 | 2 | 0 | $637,000 |
| 2015 | 1 | 1 | 0 | $25,000 |
| 2014 | 6 | 6 | 0 | $858,000 |
| 2013 | 6 | 6 | 0 | $800,000 |
| 2012 | 13 | 13 | 0 | $1 million |
| 2011 | 12 | 12 | 0 | $964,000 |
| 2010 | 12 | 12 | 0 | $964,000 |
| 2009 | 13 | 13 | 0 | $1 million |
| 2008 | 19 | 19 | 0 | $1.5 million |
| 2007 | 30 | 30 | 0 | $2.4 million |
| 2006 | 35 | 35 | 0 | $2.8 million |
| 2005 | 15 | 7 | 8 | $1.8 million |
| 2004 | 18 | 9 | 9 | $2.1 million |
| 2003 | 16 | 11 | 5 | $1.5 million |
| 2002 | 10 | 10 | 0 | $958,000 |
| 2001 | 4 | 4 | 0 | $642,000 |
| 2000 | 15 | 15 | 0 | $219,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Marion and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Marion | $175K | −0.5% | $1,030 | 14 | $46,500 |
| Meridian | $116K | +1.4% | $930 | 7 | $36,562 |
3.8 years of income
The typical Marion home costs about 3.8 years of the town's median household income, about the same as across Mississippi (3.5).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,030
HUD's Fair Market Rent for a two-bedroom in Marion is $1,030 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Marion pay a median of $1,057. A two-bedroom takes about 27% of the town's median household income.
Studio $890 · 4 bedrooms $1,420
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (39301, 39305, 39342, 39364; Lauderdale County, MS), 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.
Recent listings in Marion
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.