Marion County, Ohio Housing Market

In Marion County, Ohio, the median home value is $156,800, with a median monthly rent of $864. This places Marion County at #2094 nationally out of 3134 counties by median home value, and #67 within Ohio.

Median Home Value $156,800
Median Rent $864/mo
Owner Occupancy 67.5%
Price/Rent Ratio 15.1

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Marion County rose +4.0% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

19,527
jobs (private sector)
  • Avg weekly wage: $1,062
  • Establishments: 1,135
  • BLS QCEW, 2025
🏗️

Housing Supply

60
new units authorized (2025)
  • Single-family: 60
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+844
net migration (filers, 2021-2022)
  • Inflow: 24,967 (avg $57,534)
  • Outflow: 24,123 (avg $58,120)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 2 active ZIP codes in Marion County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 43315 234.0 -3.42% 2025
2 43337 164.9 -6.38% 2022

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.

How Marion County Compares

MetricMarion CountyOhio AverageU.S. Average
Median Home Value $156,800 $196,325 $227,706
Median Gross Rent $864 $904 $968
Owner Occupancy Rate 67.5% 73.7% 73.3%
Price/Rent Ratio 15.1 17.9 18.7

Market Analysis

The median home value in Marion County is 20.1% below the Ohio state average and 31.1% below the U.S. national average. The median rent of $864/month is 4.4% below the state average.

With a price-to-rent ratio of 15.1, 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 67.5%, compared to 73.7% in Ohio and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Osage County Kansas $156,800 $785
Clay County Alabama $156,700 $619
Breckinridge County Kentucky $156,700 $733
Pittsburg County Oklahoma $156,900 $860
Mifflin County Pennsylvania $156,700 $822

Other Counties in Ohio

CountyMedian Home ValueMedian RentOwner Occ.
Guernsey County $157,700 $864 72.1%
Gallia County $155,600 $813 74.7%
Coshocton County $155,500 $765 72.9%
Belmont County $154,900 $793 73.6%
Mahoning County $154,700 $791 70.3%

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).