Is Marion, KY 42064 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Marion is a buyer’s market. With about 6.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.8Under 4 months = seller’s market
Sold above original list12.5%Share of sales, last 3 months
Median sale-to-list96.8%Sold price ÷ list price
Median days on market74Listing to accepted offer
Median price per sq ft$100▼ −8.0% vs. last year

The Marion housing market right now

In the three months ending August 31, 2026, 13% of homes in Marion, KY 42064 sold above their list price, the typical home went under contract in 74 days and there were 6.8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 8 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 15%, homes sold faster (86 days then) and the median sale price rose 75% to $262,386. Overall, Marion is about as competitive as it was a year ago.

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Questions about Marion real estate

Is Marion a buyer’s or seller’s market?

A buyer’s market: there were 6.8 months of supply in Marion, KY 42064 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 74 days in the latest three months.

Do homes in Marion sell over asking?

13% of homes sold above their original list price, and the typical sale closed at 96.8% of the list price.

What are property taxes in Marion?

About 0.57% of a home’s value a year in Crittenden County, or roughly $2,280 on a $400,000 home.

What is the median home price in Marion?

The median sale price was $262,386 in the three months ending August 31, 2026, about $100 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