Grant County · Marion · population 28,216
Where Marion stands
At or near all-time high.
Home value trajectory · last 10 years
Zillow ZHVI · monthlyLifestyle scores
Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.
Rent vs buy
At a 13.2 price-to-rent ratio, buying generally beats renting in Marion on a long-enough horizon. The headline math is that one year of mortgage payments approximates 13.2 years of rent — well below the 15+ threshold where ownership starts to dominate.
How the momentum score breaks down
methodology →Marion offers a $135,891 median home with +6.9% annualized 5-year appreciation. Affordability + positive trend is one of the better risk/reward setups in US residential — small downside, room to compound.
Marion's bear case is the boring one: the cycle is real and any market that's run hard can stall. Watch for slowing population growth, rising days-on-market, or builder discounts as the early warning signals.
About Marion
Marion is a city in Grant County, Indiana, with an estimated population of 28,216. The median home value in Marion is $135,891 as of 2026-04, up 3.5% over the last 12 months. Over the last five years, home values have averaged +6.9% annual growth, with prices at or near the 5-year peak. Rents in Marion average $860 per month. The composite momentum score is 70 of 100 (Rising). The market is healthy with prices supported by underlying demand.
▲ Bull case
▼ Bear case
About Marion (Wikipedia)
Marion is a city in and the county seat of Grant County, Indiana, United States, along the Mississinewa River. The population was 28,310 as of the 2020 census. It is named for Francis Marion, a brigadier general from South Carolina in the American Revolutionary War.
Source: Wikipedia · this summary is contributed and licensed under CC-BY-SA.
Playbook
You're not in a frenzy but you're not getting bargains either. Make a competitive offer with normal inspection terms. Don't lowball — the listing will move with or without you.
Price at fair market value; expect movement in 30-45 days. Don't get clever with terms (rent-back, contingencies) — buyers in a Rising market have options.
Appreciation tailwind exists but cash flow requires discipline on price. Run the numbers conservatively and confirm rent comps before committing.
Local safety & alerts
No active National Weather Service alerts for Grant County right now.
Public-safety links are official .gov sources, not curated by us. Grant County routes NWS alerts; check the state EM portal for non-weather emergencies.
Neighborhoods of Marion
19 tracked · ranked by median home valueCities like Marion
Run the numbers for Marion
Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.
Climate & natural-disaster risk
State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.
Current weather
Find rentals & listings
Open current Marion listings on the major real-estate sites.
Links open the live search on the destination site — results are always current.
Local news & community
Latest news
- Karen Backs Obituary May 18, 2026Randall & Roberts Funeral Home · 2d ago
- OSHP: Motorcyclist killed, 16-year-old injured in Marion County crash10tv.com · 1d ago
- Bruins fend off North Marion in tourney openerheraldstaronline.com · 1d ago
- Marion police issue statement on video that shows juvenile getting harassed, battered by his peersFox 59 · 3w ago
- Gainesville football hosts North Marion in spring game at Citizens FieldGainesville Sun · 1d ago
- Historic Marion, Marion, IN Weather ForecastMSN · 3d ago
Updated 2026-05-21 from Google News + Reddit RSS. Headlines link to original sources.
Local sports teams
Major professional teams the Marion area cheers for. Detailed stats, schedules, and player pages on intherafters.com.
Local economy & environment
Humidity is annual average relative humidity (NOAA). Income is Census ACS 5-year estimate. Industries are largest employment sectors statewide (BLS); the local mix in a given city may vary.
Cities similar to Marion
Explore other places with comparable momentum or affordability.