Is Marion, NY 14505 a buyer’s or seller’s market?
Marion is a seller’s market. With about 1.1 months of supply and 100% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Marion housing market right now
In the three months ending August 31, 2026, 100% of homes in Marion, NY 14505 sold above their list price, the typical home went under contract in 9 days and there were 1.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 9 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 75%, homes sold faster (11 days then) and the median sale price rose 5% to $299,870. Overall, Marion is more competitive than a year ago, so tougher for buyers.
Within Wayne County, homes here sell faster than in 79% of the county’s ZIP codes, and sell more often over asking than in 93%.
Nearby, buyers who want less competition could look at North Rose 14516 (43% sold over asking) or Savannah 13146 (50% sold over asking).
Run the numbers for 14505
Nearby markets
Clyde 14433Buyer’s market $145 /sq ftLyons 14489Seller’s market $131 /sq ftMacedon 14502Seller’s market $206 /sq ftNewark 14513Seller’s market $121 /sq ft Browse all markets →Towns like Marion nearby
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Questions about Marion real estate
Is Marion a buyer’s or seller’s market?
A seller’s market: there were 1.1 months of supply in Marion, NY 14505 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Marion?
The typical home went under contract in 9 days in the latest three months.
Do homes in Marion sell over asking?
100% of homes sold above their original list price, and the typical sale closed at 123.5% of the list price.
What are property taxes in Marion?
About 2.50% of a home’s value a year in Wayne County, or roughly $10,000 on a $400,000 home.
What is the median home price in Marion?
The median sale price was $299,870 in the three months ending August 31, 2026, about $201 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology