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MARION, IN 46953

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The MARION, IN real estate market (46953) currently shows 55 active listings, with 17 pending sales. Homes are averaging 67 days on the market before going under contract.

Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 67 days on market compared to 60 days last year.

The median listing price has fallen 21% year-over-year, from $103,200 to $81,500.

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
55
⇧ 25% vs 44 last year
Pending
17
31% pending ratio
Median Price
$81,500
⇩ 21% vs $103,200 last year
Average Price
$118,285
⇧ 12.2% vs $105,395 last year
Days on Market
67
⇧ 11.7% vs 60 days last year

Price Per Square Foot

Median $/sqft
$63
⇩ 23.2% vs $82/sqft last year
Median Home Size
1,422 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 55 this year vs 44 last year
  • Days on market: 67 now vs 60 last year

Median & Average Pricing

Year over Year
  • Median: $81,500 (-21% YoY)
  • Average: $118,285 (+12.2% 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 20.1 miles — 215 listings ($41,992,045 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46953Marion, IN 469530.0 mi55$6,627,885$78,000$120,507
46938Jonesboro, IN 469384.9 mi7$1,010,100$168,000$144,300
46987Sweetser, IN 469877.4 mi9$2,017,053$215,500$224,117
46930Fowlerton, IN 469308.4 mi1$459,900$459,900$459,900
46989Upland, IN 469899.7 mi7$2,585,800$358,900$369,400
46957Matthews, IN 4695711.8 mi1$200,000$200,000$200,000
46070Summitville, IN 4607012.2 mi5$1,322,250$264,450$264,450
46984Somerset, IN 4698414.2 mi1$199,000$199,000$199,000
46936Greentown, IN 4693615.4 mi16$3,549,904$195,000$221,869
47348Hartford City, IN 4734816.1 mi41$9,695,352$175,000$236,472
46036Elwood, IN 4603618.3 mi53$10,094,062$164,900$190,454
47359Montpelier, IN 4735918.9 mi7$922,075$114,950$131,725
47338Eaton, IN 4733820.1 mi12$3,308,664$235,000$275,722

Frequently Asked Questions

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

As of February 2026, there are 55 active listings in MARION, IN (zip code 46953), compared to 44 the prior year.

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

The median listing price in MARION, IN 46953 is $81,500 as of February 2026, a 21% decrease from $103,200 the prior year.

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

Homes in MARION, IN 46953 spend an average of 67 days on the market before going under contract, compared to 60 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 February 2026, MARION, IN 46953 is currently a Buyer's Market. Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 67 days on market compared to 60 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 $1,630 compared to a typical 5% commission on the median listing price of $81,500. 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.