Is Marion, MI 49665 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Marion is a balanced market. With about 4.2 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.2Under 4 months = seller’s market
Sold above original list23.1%Share of sales, last 3 months
Median sale-to-list98.4%Sold price ÷ list price
Median days on market30Listing to accepted offer
Median price per sq ft$152▼ −2.5% vs. last year

The Marion housing market right now

In the three months ending August 31, 2026, 23% of homes in Marion, MI 49665 sold above their list price, the typical home went under contract in 30 days and there were 4.2 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 13 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 20%, homes sold faster (47 days then) and the median sale price fell 2% to $161,930. Overall, Marion is more competitive than a year ago, so tougher for buyers.

Within Osceola County, homes here sell faster than in 83% of the county’s ZIP codes, and sell less often over asking than in 83%.

Nearby, buyers who want less competition could look at Sears 49679 (0% sold over asking), while Leroy 49655 (50% sold over asking) and Hersey 49639 (33% sold over asking) are even more competitive.

Nearby markets

Evart 49631Seller’s market $148 /sq ftHersey 49639Seller’s market $160 /sq ftLeroy 49655Balanced $151 /sq ftReed City 49677Seller’s market $126 /sq ft Browse all markets →

Where Marion is

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Questions about Marion real estate

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

A balanced market: there were 4.2 months of supply in Marion, MI 49665 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 30 days in the latest three months.

Do homes in Marion sell over asking?

23% of homes sold above their original list price, and the typical sale closed at 98.4% of the list price.

What are property taxes in Marion?

About 1.02% of a home’s value a year in Osceola County, or roughly $4,080 on a $400,000 home.

What is the median home price in Marion?

The median sale price was $161,930 in the three months ending August 31, 2026, about $152 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