Marion, OH home prices
Typical home $183,252 · +4.1% in a year · income needed $52,400
The Marion, OH metro area ranks 707 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +4.1% in a year and +32.2% over five years. With 20% down at 7.11%, the typical home costs about $1,223 a month including 0.95% property tax (Marion 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 | $36,650 | $146,602 | $986 | $0 | $237 | $1,223 | $52,400 |
| 10% down | $18,325 | $164,927 | $1,109 | $69 | $237 | $1,415 | $60,600 |
| 5% down | $9,163 | $174,090 | $1,171 | $73 | $237 | $1,480 | $63,400 |
| 3.5% down (FHA) | $6,414 | $179,933 | $1,210 | $81 | $237 | $1,528 | $65,500 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.95% 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 |
|---|---|---|---|
| Marion County, OH | $183,249 | +4.1% | 0.95% |
What can you afford in Ohio on your salary? · Ohio home prices · Salaries in Ohio
Frequently asked questions
How much is a house in Marion?
The typical home in the Marion, OH metro area is worth $183,252 (Zillow, September 2026).
What salary do you need to buy a house in Marion?
About $52,400 a year for the typical home with 20% down at 7.11%.