Marion County, OR Home Values & Market Trends

The median home price in Marion County, OR is $421,251.49. There were 3,360 home sales in Marion County, OR over the past 12 months. The median residential Marion County, OR home value for transactions over the previous year is $397,034.101. The number of current listings in Marion County, OR is 663, and the percentage of properties for sale is 663.00%. The county has 66 foreclosures, 5 bank owned properties, 61 headed for auction, and 663 properties for sale.

Marion County, OR Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Salem

$ 451,750

$ 255/sqft

Mount Angel

$ 580,797

$ 285/sqft

Woodburn

$ 404,748

$ 290/sqft

Detroit

$ 520,000

$ 454/sqft

Stayton

$ 428,486

$ 228/sqft

Sublimity

$ 600,499

$ 289/sqft

Silverton

$ 609,900

$ 323/sqft

Gates

$ 649,000

$ 306/sqft

Turner

$ 659,900

$ 285/sqft

Donald

$ 387,031

$ 287/sqft

Aumsville

$ 737,226

$ 320/sqft

Idanha

$ 272,461

$ 809/sqft

Jefferson

$ 547,403

$ 302/sqft

Scotts Mills

$ --

$ --

Gervais

$ 830,300

$ 331/sqft

Mehama

$ --

$ --

Hubbard

$ 515,000

$ 295/sqft

Saint Paul

$ --

$ --

Aurora

$ 675,788

$ 433/sqft

Saint Benedict

$ --

$ --

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Housing Market Summary for Marion County, OR

Apr 2023March 2024Change
Median Listing Price$441.4K$422K-4.40%
Median Sold Price$424.7K$422K-0.64%
Homes For Sale5956133.03%
Homes Sold2,3381,979-15.36%
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Marion County, OR

Marion County, OR home values range from $19,677 to $25,649,173. Gervais is the priciest city with a median listing home price of $874,450, and Idanha is most affordable with average house prices of around $349,450.

Foreclosure
There are 20 cities within Marion County, OR; within these cities, the median estimated home value for homes in foreclosure ranges from $466,160 in Turner to the lowest value of $162,165 in Turner. Foreclosure homes account for 0.00% of properties in Marion County, OR with Salem containing 42 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Marion County, OR with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 20 cities within Marion County, OR; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Marion County, OR ranges from the highest value of $885,711 in Woodburn to the lowest value of $247,847 in Salem. Bank owned homes and properties account for 0.01% of properties in Marion County, OR. There are 20 cities within Marion County, OR; Salem containing 3 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Salem has 39 auction properties, the highest number of properties going to auction in a single city in the state of Marion County, OR. Auction homes and other auction properties account for 0.07% of all properties in Marion County, OR. There are 20 cities within Marion County, OR; of those cities, the median estimated home value for homes going to auction ranges from $1,432,361 in Silverton to the lowest value of $162,165 in Silverton.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.74% of residential properties in Marion County, OR with Salem containing 493 homes for sale, the highest number of listed properties in a single city. There are 20 cities within Marion County, OR; homes for sale in those cities, have a range of median values from $1,999,999 in Aurora to the lowest value of $66,550 in Salem.
    Sold Homes
    The median value for recently sold homes ranges from $522,691 in Idanha to the lowest price of $25,101 in Idanha. There are 20 cities within Marion County, OR. Salem has 1389 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.11% of properties in Marion County, OR.

      Compare Nearby Cities

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      Guide for Marion County, OR

      Home Buying Guides & Tips
      Oregon Foreclosure Laws
      A new house being built
      Investment Financing
      What Type of Loan Is Best for First-Time Home Buyers?
      Market Reports
      Little Rock Real Estate: Climbing Property Values and Investment Potential – Market Report April 2024
      Market Reports
      2023 Review: Sioux Falls Real Estate Sees 9% Drop in Property Value, 11% Rise in Sale Price Per Square Foot
      See More Articles
      Oregon Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Oregon Foreclosure Laws

      A new house being built
      What Type of Loan Is Best for First-Time Home Buyers?
      Investment Financing|posted 9 April 2024

      Buying a new home is an important milestone for many. But how do you make sure you pick the right mortgage?

      Little Rock Real Estate: Climbing Property Values and Investment Potential – Market Report April 2024
      Market Reports|posted 8 April 2024

      The Little Rock real estate market has shown growth in average property values and prices per square foot between April 2023 and March 2024, indicating an investment-friendly environment.

      2023 Review: Sioux Falls Real Estate Sees 9% Drop in Property Value, 11% Rise in Sale Price Per Square Foot
      Market Reports|posted 8 April 2024

      The Sioux Falls real estate market has seen fluctuating property values, sale prices, and sale volumes between May 2023 to March 2024, reflecting a dynamic market condition.