Marion
Solid value in a growing area
4 homes for sale·Median $227K·Schools 5.5/10
Out here you're dealing with serious riverfront and pond acreage—the kind of property where your lot line runs straight into water. The Clam River cuts through, and homes sit backed up to shoreline with a few hundred feet of water frontage thrown in. Most places run 2 to 4 acres, giving you room to breathe and the space for a barn if you're minded that way; one-level homes with attached garages and updated kitchens dominate the market. The Village of Marion sits nearby with municipal water and sewer hookups for those who want them, natural gas service, and a restaurant or two within walking distance. Just east of town the character shifts toward genuine country—gravel roads, acreage, outbuildings meant for animals, homes that need some sweat equity but reward it. Central air and new appliances show up often enough in local sales that you're not roughing it. What sticks: the water access and that working relationship with the shoreline.
Why people love it here
$44K median household income
- $227K median · 5 sales in last 12mo
Explore Marion
Same name, different focus — Marion is also covered as:
- Marion Village — village details
Mortgage Calculator
Median home price in Marion
Estimated Monthly Payment
$1,541/mo
The interest rate shown is not an annual percentage rate (APR). Rate displayed is the current average 30-year fixed rate from the Freddie Mac Primary Mortgage Market Survey and is subject to change without notice. This is not a commitment to lend or an offer of credit. Your actual rate, payment, and costs may vary. Contact a loan officer for a personalized quote.
Guild Mortgage NMLS #3274. Equal Housing Lender. NMLS Consumer Access
5 homes sold in Marion this year. Thinking of selling?
See what your home is worthBased on 2 rated schools nearby
Range: 5/10 to 6/10
School District: Marion Public Schools
Most of Marion is policed by the Osceola County Sheriff's Office. Across that jurisdiction in 2024, the most common reported offenses were larceny / theft (365 per 100,000 residents) and burglary (170 per 100,000 residents), per FBI Uniform Crime Reporting.
No homicides were reported in 2024.
| Offense type | Per 100k residents |
|---|---|
| Larceny / theft | 365 |
| Burglary | 170 |
| Aggravated assault | 123 |
| Rape | 77 |
| Motor-vehicle theft | 77 |
| Arson | 10 |
| Homicide | 0 |
| Robbery | 0 |
Reported offenses per 100,000 residents, Osceola County Sheriff's Office, FBI Uniform Crime Reporting (2024). Figures cover the Osceola County Sheriff's Office's full jurisdiction (the county's unincorporated areas), not Marion alone. Crime is reported at the jurisdiction level and varies block to block within any community.
To buy a median-priced Marion home (around $227,000) at today's 6.43% 30-year fixed rate with 20% down, you'd need roughly $36k/year in household income to qualify — an estimated monthly payment of $1,347 (principal, interest, property tax, and insurance).
The typical Marion household earns $44,241 — above what the median home requires. At that income, a buyer can afford roughly $285,000 with 20% down.
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $1,347/mo | $35,918 |
| 10% (+PMI) | $1,574/mo | $41,987 |
| 5% (+PMI) | $1,650/mo | $44,012 |
Estimates use a 6.43% 30-year fixed rate (current Freddie Mac average), an aggressive ~45% housing-to-income ratio (roughly what FHA underwriting can allow for a buyer with no other monthly debts — your number depends on your debts and credit), this area's median sale price and median property taxes, plus estimated insurance and PMI below 20% down. Not an APR or a commitment to lend — your actual rate and payment will vary.
Who actually lends in Marion, and how homes here are financed — from 2024 federal mortgage records.
Loans to buy a home
Most active lenders
Source: 2024 HMDA (CFPB/FFIEC). Neighborhood figures are area-weighted estimates from census-tract data; loan amounts are rounded and all-cash purchases are excluded.
Association and local-government details are compiled from public records, municipal sites, and state registries, and can change. Confirm directly with the association or municipality before relying on them.
Village of Marion (municipal) / private well
Village of Marion has municipal water/sewer; township areas on wells
Village of Marion (municipal) / septic
Village municipal sewer; outlying areas on septic
Private hauler (resident-arranged)
Resident-arranged hauler
Consumers Energy / propane
Natural gas where available; otherwise propane
Confirm by addressMarion Community Fire Department
116 E Main St, Marion
Source: cms4files.revize.com
Utility, solar, and service details for Marion are compiled from public records, municipal sites, and NREL / U.S. data.gov, and can change. Electric/gas can vary by address — confirm with the provider before relying on them.
Median Income
$44K
Home Value (Census)
$114K
Flood Risk
None
Not in flood zone
Nearest Park
Marion Mill Pond
1.1 mi
Parks Nearby
0
within 1 mile
Frequently asked about Marion
- What do homes cost in Marion?
- The median home value in Marion is about $227,000. Individual prices vary by street, size, and condition.
- How active is the Marion housing market?
- there are 4 homes for sale in Marion right now, and 5 homes sold here in the last 12 months. Listings refresh throughout the day from the MichRIC MLS.
- What schools serve Marion?
- Marion is served by Marion Public Schools. Its highest-rated assigned school is Marion Elementary School (6/10).
Top contributors in Marion
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