Marion, WI Real Estate

Schools

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  District Type Enrollment # Student Teacher Ratio Test Score Rank
Marion Elementary School  (Marion) Marion School District Public 265 12 MARION ELEMENTARY SCHOOL GreatSchools Rating
Marion High School  (Marion) Marion School District Public 180 12 MARION HIGH SCHOOL GreatSchools Rating
Demographics

Population Demographics

  City County State
Total Population 7,461 41,188 5,852,878
Total Households 2,915 16,694 2,349,819
Total Families 2,043 11,371 1,516,725
Percent Male 50% 50% 50%
Percent Female 50% 50% 50%
White Collar Jobs 47% 57% 58%
Blue Collar Jobs 53% 43% 42%

Top Occupations

Professions Population Employed
Professional Services 225
Manufacturing 224
Transportation 148
Sales 132
Maintenance 99
Other Services 85
Healthcare 70
Management 62
Food 53
Education 51

Male Female Breakdown

Population Age

White vs Blue Collar Jobs

Top Professions

Work Transportation Method

Household Income

Education Attainment

  City County State
Some High School 398 1,818 224,571
High School Graduate 2,424 13,094 1,256,597
Some College 1,099 5,642 833,955
Associates Degree 476 3,090 410,260
Bachelors Degree 402 2,966 747,113
Graduate Degree 160 1,575 384,121

Education Attainment


Market Conditions
Market Conditions for Marion - March 2024 | Shorewest Realtors®
March 2024

Market Conditions for Marion

Median Sale Price Graph

Median Sale Price

The median sale price for homes in March was $560,000. The median sales price for homes in March rose by $397,000 compared to last month. This represents a 243.55% increase from February. Compared to the same month last year, the median price of homes rose by $405,000 representing a 261.29% year-over-year change.

The median sales price is the middle value of all sales occurring in the market during the past thirty days when you arrange these sales prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of a few unusually low or high sales prices.

Homes for Sale Graph

Homes for Sale

The inventory of homes for sale rose by 4 in March to 14. This represents 40% increase from February when 10 homes were on the market. Compared to the same month last year when there were 9 homes for sale, the inventory of homes for sale has risen by 5 representing a 55.55% year-over-year change.

Homes for sale represents the number of active listings on the market during the specified month as reported in the MLS system operating within the market area.

Homes Sold Graph

Homes Sold

The 1 homes sold in March was the same as in February. Compared to the same month last year, the number of homes sold decreased by 2, a -66.66% year-over-year decrease.

Homes sold is the total count of properties in the market area that have had a closed sale during the specified month as reported in the MLS systems operating within the market area.

Average Days on Market Graph

Avg Days on Market

The average days on market for a home sold in March (125) increased by 41 days compared to February. This represents a 48.8% increase in days on market for homes in the market from the previous month. Compared to the same month last year, the days on market for homes sold increased by 63, a 101.61% year-over-year change.

Average Days on Market is the time period between the date when a home is listed for sale in an MLS system and the date it is sold.

Sale/List Price Ratio

Sale/List Price Ratio

The Sale/List Price Ratio of 101.82% in March rose by 11.81% compared to February and increased 0.53% compared to the same period last year.

Sale/List Price Ratio is the sale price of a listing divided by the original list price expressed as a percentage. The Sale/List Price Ratio for the market is determined by adding the Sale/List Price Ratio for each listing sold in the market during the month and dividing by the number of listings sold during the month.

New Homes Graph

New Homes

The number of homes listed in March (7) rose by 5 compared to February, a 250% change. Compared to March 2023, the number of new listings increased by 1, a 16.66% year-over-year change.

Newly Listed Homes are the total count of homes that have been listed within the market area during the most recent month, as reported in the MLS system(s) operating in the market area.

Median List Price Graph

Median List Price

The median list price in March was $485,000. The median list price for homes in March rose by $222,550 compared to last month. This represents a 84.79% increase from February. Compared to the same month last year, the median list price of homes increased $213,800 representing a 78.83% year-over-year increase.

The median list price is the middle value of all currently active listings as reported in the MLS systems in the market area when you arrange these list prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of the existence of a few unusually low or high list prices.