Real Estate Price Maphome prices by county

Marion County, IN home prices

Marion County, IN: the typical home is worth $234,041 as of 2026-05, down -0.1% over the past year and n/a since 2000. Listings run about $160/sq ft…

Data as of · by the Real Estate Price Map data team · methodology & sources

Marion County is flat and undervalued — very affordable for what people here earn.

Momentum-0.1%Flat
Valuation-14%Undervalued
Affordability9/10Very affordable
Market48 daysBalanced

Real Estate Price Map scores, derived from the data on this page · how we calculate them

1975: $24,329 → 2026: $234,041 (9.6×) pre-2000 estimated via FHFA index

Typical value$234,0412026-05
1-year-0.1%
5-year+27.1%
10-year+116.1%
Since 2000n/a
Population981k2024
Median income$66,6532023 · 3.5× income
Median rent$1,419/mo2026 · 7.3% gross yield
New homes/yr1,9062024
Price / sq ft$160listings
Days on market482026-06
Active listings2,7782026-06
Price cuts28%of listings

Market read

At $234,041, homes in Marion County sit 0% above the Indiana median ($234,016) and 0% above the US median ($233,954). That ranks #46 of 92 Indiana counties by price.

Prices are holding steady (-0.1% in the last year) — a balanced market.

Homes here move at a steady pace — a median 48 days on the market, with 28% of listings cutting their asking price.

At 3.5× local income, that's more affordable than the typical US county (~3.8×).

Against the typical US price-to-income and price-to-rent, homes here look ~14% cheap for local incomes and rents — a relative bargain.

Buying looks cheaper than renting — ~$1,155/mo to buy (P&I, 20% down) vs $1,419/mo to rent.

Home value history

Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →

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Nearby counties

Hancock County, IN ($331,044) · Hamilton County, IN ($468,156) · Hendricks County, IN ($344,926) · Johnson County, IN ($317,414) · Shelby County, IN ($245,339) · Boone County, IN ($421,934)

Frequently asked questions

What is the average home price in Marion County, IN?
The typical home in Marion County is worth $234,041 as of 2026-05, based on the Zillow Home Value Index.
Are home prices in Marion County rising or falling?
Prices are down -0.1% over the past year and n/a since 2000 — a balanced market.
Is Marion County affordable?
At 3.5× the local median income of $66,653, Marion County is more affordable than the typical US county.
What is the rental yield in Marion County?
Median rent is $1,419/mo — a gross rental yield of 7.3% on the typical home.
How fast do homes sell in Marion County?
Homes here take a median of 48 days to sell, with 28% of listings cutting their asking price.
Median home value by year
YearMedian home value
2003$84,937
2004$86,981
2005$93,331
2006$95,481
2007$97,003
2008$96,844
2009$93,434
2010$96,701
2011$87,266
2012$88,427
2013$90,217
2014$98,377
2015$103,503
2016$109,824
2017$119,922
2018$133,173
2019$144,289
2020$157,296
2021$189,495
2022$221,547
2023$223,709
2024$230,450
2025$234,207