Inventory in Marion is fairly constrained in this rolling three-month snapshot. Active listings are up a bit from a year ago, rising about 12 percent to 52 homes, yet new listings have dropped more than 30 percent, limiting fresh options. Contract activity has cooled, with pending sales down roughly 28 percent year over year, even as closed sales are up nearly 30 percent, drawing down available stock.
Pricing has pushed higher in response to that mix of stronger closings and fewer new listings. The typical home value over the past three months is up more than 30 percent from a year earlier, while the median list price has jumped over 70 percent year over year, indicating sellers are testing higher price points. At the same time, the average sale-to-list ratio has edged lower compared with last year, and only about 12 percent of homes sold above list, showing buyers still have room to negotiate.
Pace of sales reflects this shifting balance between supply and demand. Homes are taking slightly less time to sell than a year ago, with the median days on market down to about three and a half weeks, and months of supply has fallen to just over four months, consistent with a seller-leaning environment. Whether you are a buyer trying to navigate rising prices and limited choices, or a seller aiming to price strategically in this changing market, Agent Pronto can connect you with a Marion agent who understands these trends.
