Marion, NC home prices
Typical home $256,096 · -2.5% in a year · income needed $69,400
The Marion, NC metro area ranks 433 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed -2.5% in a year and +10.9% over five years. With 20% down at 7.11%, the typical home costs about $1,620 a month including 0.53% property tax (McDowell County rate).
Mortgage on the typical Marion home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $51,219 | $204,877 | $1,378 | $0 | $242 | $1,620 | $69,400 |
| 10% down | $25,610 | $230,487 | $1,550 | $96 | $242 | $1,888 | $80,900 |
| 5% down | $12,805 | $243,292 | $1,637 | $101 | $242 | $1,980 | $84,800 |
| 3.5% down (FHA) | $8,963 | $251,458 | $1,692 | $113 | $242 | $2,047 | $87,700 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.53% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Marion area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| McDowell County, NC | $256,108 | -2.5% | 0.53% |
What can you afford in North Carolina on your salary? · North Carolina home prices · Salaries in North Carolina
Frequently asked questions
How much is a house in Marion?
The typical home in the Marion, NC metro area is worth $256,096 (Zillow, September 2026).
What salary do you need to buy a house in Marion?
About $69,400 a year for the typical home with 20% down at 7.11%.