Marion County, Florida Housing Market
In Marion County, Florida, the median home value is $243,100, with a median monthly rent of $1,277. This places Marion County at #946 nationally out of 3134 counties by median home value, and #42 within Florida.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,041
- Establishments: 10,236
- BLS QCEW, 2025
Housing Supply
- Single-family: 5,420
- Multi-family: 565
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 165,147 (avg $67,683)
- Outflow: 149,795 (avg $66,505)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 10 active ZIP codes in Marion County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 34488 | 355.5 | +23.97% | 2025 |
| 2 | 34475 | 301.3 | -8.16% | 2025 |
| 3 | 34481 | 294.1 | -7.11% | 2025 |
| 4 | 34479 | 347.9 | -0.12% | 2025 |
| 5 | 34476 | 277.7 | -2.32% | 2025 |
| 6 | 32179 | 346.8 | +1.51% | 2025 |
| 7 | 34474 | 314.1 | -0.78% | 2025 |
| 8 | 34432 | 297.5 | +6.07% | 2025 |
| 9 | 34420 | 324.4 | +3.87% | 2025 |
| 10 | 34470 | 310.6 | +2.48% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Marion County Compares
| Metric | Marion County | Florida Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $243,100 | $284,325 | $227,706 |
| Median Gross Rent | $1,277 | $1,303 | $968 |
| Owner Occupancy Rate | 77.5% | 74.6% | 73.3% |
| Price/Rent Ratio | 15.9 | 17.6 | 18.7 |
Market Analysis
The median home value in Marion County is 14.5% below the Florida state average and 6.8% above the U.S. national average. The median rent of $1,277/month is 2.0% below the state average.
With a price-to-rent ratio of 15.9, the buy-vs-rent decision in Marion County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Marion County has an owner-occupancy rate of 77.5%, compared to 74.6% in Florida and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Yancey County | North Carolina | $243,100 | $882 |
| Ashe County | North Carolina | $243,100 | $859 |
| Philadelphia County | Pennsylvania | $243,100 | $1,397 |
| Portage County | Wisconsin | $243,100 | $940 |
| Kandiyohi County | Minnesota | $243,200 | $909 |
Other Counties in Florida
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Citrus County | $245,500 | $1,107 | 85.2% |
| Gulf County | $250,000 | $1,187 | 80.8% |
| Jefferson County | $232,600 | $898 | 75.9% |
| Baker County | $256,700 | $1,302 | 85.1% |
| Escambia County | $257,200 | $1,321 | 64.8% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).