Market Intelligence Report — IN-980

Marion, IN

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-IN-09
As of the latest 2026 data
Cooling

Median Listing

$161K
+1.4% YoY

Pending Ratio

0.41
-24.6% YoY

Active Inventory

160
+33.9% YoY

Median DOM

45 Days
+12.5% YoY

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The residential market is Cooling, characterized by a pending ratio of 0.41, a 24.6% decline year-over-year. Active listings have increased by 33.9% over the past year, indicating a significant increase in available supply. This suggests a deceleration in demand absorption relative to inventory expansion.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Marion market right now.

Inventory levels have expanded considerably, with active listings rising by 33.9% year-over-year to 160 units. Concurrently, new listings saw a contraction of 19.1% year-over-year, which indicates a slowing influx of new supply despite the overall inventory growth. The median listing price saw a modest 1.4% year-over-year increase, but a more significant 8.1% decline month-over-month, reflecting some price softening. The pending ratio declined 24.6% year-over-year to 0.41, indicating reduced demand absorption.

Historical Analysis

Market Trends

Median Price

$161K-8.1% MoM

Active Inventory

160+33.9% YoY

Days on Market

45+12.5% YoY

Sold Score™

56-24.6% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

56
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

Negotiating leverage is shifting as the market experiences slower absorption and rising inventory pressure. Median days on market increased by 12.5% year-over-year to 45 days, suggesting properties are taking longer to sell. The significant increase in price reductions, up 7.0% year-over-year to 25.6% of listings, indicates less price discipline from sellers.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

160 active listings represent the current floor, with new supply arriving at roughly 76 per month.

Pricing Pressure
25.6%

of active listings carry a price reduction, +7.0% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +8.3% year-over-year.

Absorption
0.41

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Marion, IN? Homes here are taking 5 days longer to sell than last year.

Marion, IN is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.

Buyer Demand Index
41%
Median Days on Market
45 days
Inventory YoY
+34%

Marion, IN is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.

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Metro Demographics

Metro Area
Marion, IN
CBSA Code
31980
State
IN