Marion Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Marion averaged 7.02% for the week of 2024-04-11, compared to the national average of 6.88% for the same period.

The average rate for the prior week (2024-04-04) was 6.86% and one month ago for the week of 2024-03-07, the average rate was 7.22%.

Marion's average rate one year ago was 6.22%.

For refis of the same type during the week of 2024-04-11, the average rate was 6.78%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-04-11 6.88%
Marion 30 Year Fixed Rate 2024-04-11 7.02%
Marion 30 Year Fixed Rate Refi 2024-04-11 6.78%
Marion 15 Year Fixed Rate 2024-04-11 6.06%
Marion 15 Year Fixed Rate Refi 2024-04-11 6.26%
Marion 30 Year FHA 2024-04-11 6.78%
Marion 30 Year FHA Refi 2024-04-11 6.74%
Marion 30 Year USDA 2024-04-11 6.81%
Marion 30 Year USDA Refi 2024-04-11 6.81%
Marion 30 Year VA 2024-04-11 6.77%
Marion 30 Year VA Refi 2024-04-11 6.57%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Marion, OH.

Marion Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Marion, OH market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
UNION HOME MORTGAGE CORP. 53 7.25% $4,616
First Federal Bank of the Midwest 38 6.83% $3,200
The Huntington National Bank 32 7.06% $4,497
UNITED 31 7.06% $3,072
QUICKEN LOANS, LLC 30 6.90% $5,905
JPMorgan Chase Bank 15 7.00% $3,712
RUOFF MORTGAGE COMPANY, INC. 11 7.01% $3,259
NFM, INC. 9 6.78% $7,247
Fifth Third Bank 8 7.49% $3,283
CROSSCOUNTRY MORTGAGE, LLC 8 6.99% $6,820
Union Savings Bank 7 6.34% $3,421
FIRST COMMUNITY MORTGAGE, INC. 7 6.71% $3,261
THE EQUITABLE MORTGAGE CORPORATION 7 6.86% $4,196
T2 FINANCIAL LLC 7 6.82% $4,626
EQUITY RESOURCES, INC. 6 6.69% $4,032
The Park National Bank 5 6.25% $3,552
PNC Bank 5 7.25% $3,614
The Union Bank Company 5 6.43% $3,530
First Commonwealth Bank 4 6.25% $3,246
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4 7.25% $5,691
Civista Bank 4 6.59% $3,177
UNITED WHOLESALE MORTGAGE, LLC 4 7.11% $3,218
NEWREZ LLC 3 6.71% $6,109
RAPID MORTGAGE COMPANY 3 6.88% $5,040
THRIVE MORTGAGE, LLC 3 6.67% $3,939
The Richwood Banking Company 3 6.83% $2,790
CHURCHILL MORTGAGE CORPORATION 3 7.42% $4,336
AmeriHome Mortgage Company, LLC 3 6.00% $5,023
GUARANTEED RATE AFFINITY, LLC 3 6.75% $3,697
PRIMELENDING, A PLAINSCAPITAL COMPANY 3 7.88% $8,375
GUARANTEED RATE, INC. 2 6.74% $8,895
CNB Bank 2 6.25% $3,937
DAS Acquisition Company, LLC 2 6.93% $4,188
Fidelity Federal Savings and Loan Association 2 5.75% $2,568
Heartland Bank 2 7.25% $2,918
HOMESIDE FINANCIAL, LLC 2 7.88% $4,902
HONDA Federal Credit Union 2 6.69% $2,964
KEMBA FINANCIAL 2 6.13% $3,429
LOANDEPOT.COM, LLC 2 6.99% $6,673
Pathways Financial Credit Union, Inc. 2 6.63% $3,348
RELIANCE FIRST CAPITAL, LLC 2 7.94% $6,559
The State Bank and Trust Company 2 7.19% $3,913
Third Federal Savings and Loan Association of Cleveland 2 6.84% $23
WRIGHT-PATT CREDIT UNION, INC. 2 7.69% $3,162
LIBERTY HOME MORTGAGE CORPORATION 1 6.88% $4,099
USAA Federal Savings Bank 1 6.00% $4,428
PENNYMAC LOAN SERVICES, LLC 1 7.00% $9,532
PENTAGON FEDERAL CREDIT UNION 1 5.75% $8,421
KeyBank 1 6.88% $4,428
HOWARD HANNA FINANCIAL SERVICES, INC. 1 8.38% $4,013
Prosperity Home Mortgage, LLC 1 6.88% $7,661
AMERICAN FINANCING CORPORATION 1 6.63% $5,177
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 8.13% $3,975
U.S. Bank 1 6.63% $3,017
Gateway First Bank 1 6.38% $2,823
SUN Federal Credit Union 1 6.75% $2,085
Flagstar Bank, FSB 1 7.37% $3,153
First National Bank of Pennsylvania 1 6.75% $2,950
First Bank Richmond 1 8.13% $3,371
EVERETT FINANCIAL, INC. 1 7.25% $8,547
ENDEAVOR CAPITAL, LLC. 1 6.88% $6,550
Wells Fargo Bank 1 6.75% $3,386
East Coast Capital Corp. 1 6.38% $4,531
ZILLOW HOME LOANS, LLC 1 6.63% $3,376
Discover Bank 1 5.99% $0
Cf Bank 1 8.25% $3,636
Cache Valley Bank 1 6.00% $4,407
Byron Bank 1 7.63% $2,524
BMI Federal Credit Union 1 4.99% $2,791
M&T Bank 1 6.00% $6,208
NAVY FEDERAL CREDIT UNION 1 6.63% $2,824
NBKC BANK 1 7.38% $1,851
Neighborhood Loans, Inc. 1 7.50% $7,826
MICHIGAN MUTUAL, INC. 1 6.50% $2,819

Marion Average Closing Costs & Other Stats

Marion, OH's 74 lenders originated 1,159 loans during 2023. The total origination value was $159,425,000, with an average loan value of $137,554.

Marion's average closing costs are $4,373.

The top Marion lender as defined by loan originations is UNION HOME MORTGAGE CORP., with 53 loans originated. Their average total fees are $4,616, which is $1,417 higher than the next largest lender, First Federal Bank of the Midwest.

The lowest fee Marion lenders (with over 10 loans originated) are UNITED ($3,072), First Federal Bank of the Midwest ($3,200), RUOFF MORTGAGE COMPANY, INC. ($3,259), JPMorgan Chase Bank ($3,712) and The Huntington National Bank ($4,497).

The lowest rate Marion lenders (with over 10 loans originated) are First Federal Bank of the Midwest (6.83%), QUICKEN LOANS, LLC (6.90%), JPMorgan Chase Bank (7.00%), RUOFF MORTGAGE COMPANY, INC. (7.01%) and UNITED (7.06%).

Marion, OH Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
UNION HOME MORTGAGE CORP. $27,745,000 $18,545,000 -33.2% 11.6%
QUICKEN LOANS, LLC $13,075,000 $11,940,000 -8.7% 7.5%
The Huntington National Bank $11,310,000 $10,035,000 -11.3% 6.3%
First Federal Bank of the Midwest $18,940,000 $9,880,000 -47.8% 6.2%
UNITED $9,280,000 $7,470,000 -19.5% 4.7%
The Park National Bank $3,010,000 $6,045,000 100.8% 3.8%
NFM, INC. $3,490,000 $5,085,000 45.7% 3.2%
CROSSCOUNTRY MORTGAGE, LLC $895,000 $4,690,000 424.0% 2.9%
AG Credit, Agricultural Credit Association $890,000 $3,200,000 259.6% 2.0%
Fifth Third Bank $3,150,000 $3,100,000 -1.6% 1.9%
First Citizens National Bank $2,955,000 n/a 1.9%
JPMorgan Chase Bank $4,985,000 $2,845,000 -42.9% 1.8%
PNC Bank $4,965,000 $2,830,000 -43.0% 1.8%
RUOFF MORTGAGE COMPANY, INC. $2,560,000 $2,820,000 10.2% 1.8%
Union Savings Bank $625,000 $2,770,000 343.2% 1.7%
CNB Bank $2,595,000 $2,765,000 6.6% 1.7%
UNITED WHOLESALE MORTGAGE, LLC $6,015,000 $2,535,000 -57.9% 1.6%
Mortgage Research Center, LLC $2,125,000 $2,225,000 4.7% 1.4%
The Union Bank Company $5,525,000 $2,085,000 -62.3% 1.3%
PENNYMAC LOAN SERVICES, LLC $2,135,000 $1,940,000 -9.1% 1.2%
THE EQUITABLE MORTGAGE CORPORATION $460,000 $1,690,000 267.4% 1.1%
FIRST OHIO HOME FINANCE, INC. $295,000 $1,560,000 428.8% 1.0%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $840,000 $1,540,000 83.3% 1.0%
NEWREZ LLC $680,000 $1,380,000 102.9% 0.9%
The Federal Savings Bank $715,000 $1,310,000 83.2% 0.8%
T2 FINANCIAL LLC $2,065,000 $1,290,000 -37.5% 0.8%
FIRST COMMUNITY MORTGAGE, INC. $275,000 $1,225,000 345.5% 0.8%
Superior Credit Union, Inc. $215,000 $1,115,000 418.6% 0.7%
EQUITY RESOURCES, INC. $2,675,000 $1,110,000 -58.5% 0.7%
The Richwood Banking Company $10,895,000 $1,105,000 -89.9% 0.7%
Carrington Mortgage Services, LLC $780,000 $1,095,000 40.4% 0.7%
GUARANTEED RATE, INC. $685,000 $1,075,000 56.9% 0.7%
First Commonwealth Bank $460,000 $1,040,000 126.1% 0.7%
PRIMELENDING, A PLAINSCAPITAL COMPANY $640,000 $1,035,000 61.7% 0.6%
FREEDOM MORTGAGE CORPORATION $2,340,000 $970,000 -58.5% 0.6%
GUARANTEED RATE AFFINITY, LLC $950,000 $935,000 -1.6% 0.6%
HOMESIDE FINANCIAL, LLC $1,915,000 $835,000 -56.4% 0.5%
Civista Bank $375,000 $830,000 121.3% 0.5%
NAVY FEDERAL CREDIT UNION $405,000 $815,000 101.2% 0.5%
Flagstar Bank, FSB $1,155,000 $700,000 -39.4% 0.4%
U.S. Bank $745,000 $700,000 -6.0% 0.4%
LOANDEPOT.COM, LLC $2,720,000 $685,000 -74.8% 0.4%
RAPID MORTGAGE COMPANY $1,190,000 $680,000 -42.9% 0.4%
KEMBA FINANCIAL $270,000 $665,000 146.3% 0.4%
DAS Acquisition Company, LLC $225,000 $620,000 175.6% 0.4%
HONDA Federal Credit Union $2,010,000 $620,000 -69.2% 0.4%
The State Bank and Trust Company $115,000 $620,000 439.1% 0.4%
MID AMERICA MORTGAGE, INC. $250,000 $565,000 126.0% 0.4%
Third Federal Savings and Loan Association of Cleveland $1,335,000 $565,000 -57.7% 0.4%
BROKER SOLUTIONS, INC. $1,355,000 $560,000 -58.7% 0.4%
Mr. Cooper ( Nationstar Mortgage ) $1,960,000 $560,000 -71.4% 0.4%
Barrington Bank & Trust Company, N.A. $420,000 $550,000 31.0% 0.3%
First Bank Richmond $545,000 n/a 0.3%
Pathways Financial Credit Union, Inc. $95,000 $505,000 431.6% 0.3%
Heartland Bank $230,000 $500,000 117.4% 0.3%
Discover Bank $265,000 $490,000 84.9% 0.3%
WRIGHT-PATT CREDIT UNION, INC. $870,000 $490,000 -43.7% 0.3%
PENTAGON FEDERAL CREDIT UNION $475,000 n/a 0.3%
EVERETT FINANCIAL, INC. $460,000 $470,000 2.2% 0.3%
Fidelity Federal Savings and Loan Association $450,000 n/a 0.3%
CHURCHILL MORTGAGE CORPORATION $445,000 n/a 0.3%
MUTUAL OF OMAHA MORTGAGE, INC. $320,000 $435,000 35.9% 0.3%
HOMEBRIDGE FINANCIAL SERVICES, INC. $430,000 n/a 0.3%
AmeriHome Mortgage Company, LLC $425,000 n/a 0.3%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $425,000 n/a 0.3%
THRIVE MORTGAGE, LLC $425,000 n/a 0.3%
VANDERBILT MORTGAGE AND FINANCE, INC. $25,000 $425,000 1,600.0% 0.3%
LENDINGHOME FUNDING CORPORATION $95,000 $410,000 331.6% 0.3%
Figure Lending LLC $290,000 $405,000 39.7% 0.3%
PLANET HOME LENDING, LLC $500,000 $400,000 -20.0% 0.3%
ROYAL UNITED MORTGAGE LLC $710,000 $400,000 -43.7% 0.3%
First Merchants Bank $395,000 n/a 0.2%
LIBERTY HOME MORTGAGE CORPORATION $75,000 $395,000 426.7% 0.2%
Coastal Community Bank $390,000 n/a 0.2%
RELIANCE FIRST CAPITAL, LLC $175,000 $390,000 122.9% 0.2%
ENDEAVOR CAPITAL, LLC. $370,000 n/a 0.2%
GUILD MORTGAGE COMPANY $275,000 $370,000 34.5% 0.2%
PRIMARY RESIDENTIAL MORTGAGE, INC. $2,965,000 $370,000 -87.5% 0.2%
First Federal Community Bank of Bucyrus $810,000 $365,000 -54.9% 0.2%
KeyBank $380,000 $365,000 -3.9% 0.2%
LIMA ONE CAPITAL, LLC $360,000 n/a 0.2%
TRIAD FINANCIAL SERVICES, INC. $135,000 $340,000 151.9% 0.2%
HALLMARK HOME MORTGAGE, LLC $210,000 $335,000 59.5% 0.2%
SUN WEST MORTGAGE COMPANY, INC. $325,000 n/a 0.2%
POLARIS HOME FUNDING CORP. $355,000 $320,000 -9.9% 0.2%
BAYSHORE MORTGAGE FUNDING, LLC $315,000 n/a 0.2%
Wells Fargo Bank $1,105,000 $310,000 -71.9% 0.2%
AMERISAVE MORTGAGE CORPORATION $1,455,000 $305,000 -79.0% 0.2%
Pinnacle Bank $305,000 n/a 0.2%
Citizens Bank $775,000 $300,000 -61.3% 0.2%
VERITAS FUNDING, LLC $225,000 $285,000 26.7% 0.2%
GENEVA FINANCIAL, LLC $465,000 $275,000 -40.9% 0.2%
1ST SIGNATURE LENDING, LLC $295,000 $270,000 -8.5% 0.2%
NTFN, INC. $750,000 $265,000 -64.7% 0.2%
ZILLOW HOME LOANS, LLC $255,000 n/a 0.2%
GSF Mortgage Corporation $645,000 $250,000 -61.2% 0.2%
MORTGAGE SOLUTIONS OF COLORADO, LLC $250,000 n/a 0.2%
M&T Bank $250,000 n/a 0.2%
Gateway First Bank $240,000 n/a 0.2%
Neighborhood Loans, Inc. $395,000 $235,000 -40.5% 0.1%
NEW DAY FINANCIAL, LLC $1,000,000 $235,000 -76.5% 0.1%
EMM LOANS LLC $225,000 n/a 0.1%
Kingston National Bank $205,000 n/a 0.1%
The Middlefield Banking Company $205,000 n/a 0.1%
CARDINAL FINANCIAL $360,000 $195,000 -45.8% 0.1%
First Financial Bank $185,000 n/a 0.1%
Paramount Residential Mortgage Group, Inc. $105,000 $175,000 66.7% 0.1%
Bank of England $125,000 $165,000 32.0% 0.1%
Prosperity Home Mortgage, LLC $165,000 n/a 0.1%
BMI Federal Credit Union $65,000 $155,000 138.5% 0.1%
CLEARPATH LENDING $245,000 $155,000 -36.7% 0.1%
HOWARD HANNA FINANCIAL SERVICES, INC. $155,000 n/a 0.1%
NBKC BANK $315,000 $155,000 -50.8% 0.1%
Truist $75,000 $145,000 93.3% 0.1%
SPRING EQ, LLC $160,000 $140,000 -12.5% 0.1%
Cache Valley Bank $135,000 n/a 0.1%
Cf Bank $125,000 n/a 0.1%
CONTOUR MORTGAGE CORPORATION $125,000 n/a 0.1%
CORNERSTONE COMMUNITY FINANCIAL $125,000 n/a 0.1%
MICHIGAN MUTUAL, INC. $125,000 n/a 0.1%
SUN Federal Credit Union $125,000 n/a 0.1%
First National Bank of Pennsylvania $115,000 n/a 0.1%
21ST MORTGAGE CORPORATION $470,000 $100,000 -78.7% 0.1%
Byron Bank $95,000 n/a 0.1%
TOP FLITE FINANCIAL, INC. $220,000 $95,000 -56.8% 0.1%
AMERICAN FINANCIAL RESOURCES, INC. $85,000 n/a 0.1%
East Coast Capital Corp. $265,000 $85,000 -67.9% 0.1%
GENERAL ELECTRIC CREDIT UNION $85,000 n/a 0.1%
LOANPAL, LLC $55,000 $75,000 36.4% 0.0%
FINANCE OF AMERICA REVERSE LLC $65,000 n/a 0.0%
USAA Federal Savings Bank $225,000 $65,000 -71.1% 0.0%
VELOCITY COMMERCIAL CAPITAL, LLC $85,000 $65,000 -23.5% 0.0%
First American Bank $55,000 n/a 0.0%
TELHIO $375,000 $55,000 -85.3% 0.0%
AMERICAN FINANCING CORPORATION $545,000 $45,000 -91.7% 0.0%

Marion's top lender by overall market share is UNION HOME MORTGAGE CORP., with 11.6% market share. In second place, with 7.5%, is QUICKEN LOANS, LLC, having originated $11,940,000 in loans. In third place, with 6.3%, is The Huntington National Bank, having originated $10,035,000 in loans. In fourth place, with 6.2%, is First Federal Bank of the Midwest, having originated $9,880,000 in loans. In fifth place, with 4.7%, is UNITED, having originated $7,470,000 in loans.


Marion Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - Marion (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $79,400 (-5.6%) $121,146 (9.0%) 0.00 135
2018-02-01 $79,650 (-0.4%) $126,444 (11.2%) 0.00 132
2018-03-01 $78,950 (-1.3%) $126,265 (10.1%) 0.00 128
2018-04-01 $79,425 (-0.1%) $134,571 (22.4%) 0.00 109
2018-05-01 $88,663 (11.9%) $132,892 (19.0%) 0.00 112
2018-06-01 $94,500 (8.7%) $139,920 (13.6%) 0.00 129
2018-07-01 $99,200 (12.8%) $142,133 (13.7%) 0.00 142
2018-08-01 $91,450 (5.8%) $135,050 (6.6%) 0.00 168
2018-09-01 $91,900 (15.0%) $129,849 (5.9%) 0.00 167
2018-10-01 $88,675 (13.1%) $126,916 (0.9%) 0.00 159
2018-11-01 $84,225 (10.4%) $117,602 (1.1%) 0.00 162
2018-12-01 $74,900 (0.0%) $110,366 (-5.8%) 0.00 152
2019-01-01 $74,900 (-5.7%) $103,412 (-14.6%) 0.00 134
2019-02-01 $79,900 (0.3%) $106,028 (-16.2%) 0.00 117
2019-03-01 $79,357 (0.5%) $109,586 (-13.2%) 0.00 106
2019-04-01 $78,900 (-0.7%) $112,892 (-16.1%) 0.00 96
2019-05-01 $91,475 (3.2%) $133,149 (0.2%) 0.00 97
2019-06-01 $89,900 (-4.9%) $141,781 (1.3%) 0.00 112
2019-07-01 $91,500 (-7.8%) $149,466 (5.2%) 0.00 108
2019-08-01 $102,960 (12.6%) $152,309 (12.8%) 0.00 112
2019-09-01 $106,920 (16.3%) $151,769 (16.9%) 0.00 120
2019-10-01 $109,950 (24.0%) $150,691 (18.7%) 0.00 133
2019-11-01 $109,900 (30.5%) $149,253 (26.9%) 0.00 137
2019-12-01 $94,688 (26.4%) $145,689 (32.0%) 0.00 128
2020-01-01 $89,900 (20.0%) $144,638 (39.9%) 0.00 102
2020-02-01 $89,500 (12.0%) $135,351 (27.7%) 0.00 93
2020-03-01 $84,125 (6.0%) $136,360 (24.4%) 0.00 78
2020-04-01 $87,800 (11.3%) $137,728 (22.0%) 0.00 75
2020-05-01 $87,900 (-3.9%) $149,850 (12.5%) 0.00 79
2020-06-01 $89,600 (-0.3%) $136,246 (-3.9%) 0.00 64
2020-07-01 $96,400 (5.4%) $153,670 (2.8%) 0.00 59
2020-08-01 $114,950 (11.7%) $169,189 (11.1%) 0.00 56
2020-09-01 $135,400 (26.6%) $180,316 (18.8%) 0.00 54
2020-10-01 $119,900 (9.1%) $164,500 (9.2%) 0.00 66
2020-11-01 $138,950 (26.4%) $176,200 (18.1%) 0.00 67
2020-12-01 $129,200 (36.5%) $165,546 (13.6%) 0.00 56
2021-01-01 $137,200 (52.6%) $176,741 (22.2%) 0.00 41
2021-02-01 $105,375 (17.7%) $166,234 (22.8%) 0.00 30
2021-03-01 $93,700 (11.4%) $159,505 (17.0%) 0.00 30
2021-04-01 $167,200 (90.4%) $177,704 (29.0%) 0.00 41
2021-05-01 $194,900 (121.7%) $180,897 (20.7%) 0.00 52
2021-06-01 $149,450 (66.8%) $175,008 (28.5%) 0.00 52
2021-07-01 $129,900 (34.8%) $163,493 (6.4%) 0.00 71
2021-08-01 $130,325 (13.4%) $172,965 (2.2%) 0.00 82
2021-09-01 $121,800 (-10.0%) $163,744 (-9.2%) 0.00 75
2021-10-01 $114,900 (-4.2%) $151,246 (-8.1%) 0.00 78
2021-11-01 $124,250 (-10.6%) $145,283 (-17.6%) 0.00 78
2021-12-01 $119,225 (-7.7%) $141,677 (-14.4%) 0.00 70
2022-01-01 $119,900 (-12.6%) $139,405 (-21.1%) 0.00 56
2022-02-01 $129,250 (22.7%) $165,545 (-0.4%) 0.00 33
2022-03-01 $135,700 (44.8%) $177,307 (11.2%) 0.00 26
2022-04-01 $143,500 (-14.2%) $172,176 (-3.1%) 0.00 31
2022-05-01 $103,092 (-47.1%) $147,397 (-18.5%) 0.00 59
2022-06-01 $111,725 (-25.2%) $159,448 (-8.9%) 0.00 74
2022-07-01 $138,900 (6.9%) $173,428 (6.1%) 0.00 75
2022-08-01 $154,975 (18.9%) $197,608 (14.3%) 0.00 87
2022-09-01 $148,900 (22.3%) $182,386 (11.4%) 0.00 99
2022-10-01 $145,000 (26.2%) $172,198 (13.9%) 0.00 110
2022-11-01 $146,075 (17.6%) $173,785 (19.6%) 0.00 96
2022-12-01 $139,900 (17.3%) $169,973 (20.0%) 0.00 87
2023-01-01 $134,900 (12.5%) $166,484 (19.4%) 0.00 70
2023-02-01 $126,225 (-2.3%) $165,978 (0.3%) 0.00 60
2023-03-01 $127,450 (-6.1%) $176,856 (-0.3%) 0.00 54
2023-04-01 $138,200 (-3.7%) $174,060 (1.1%) 0.00 46
2023-05-01 $131,700 (27.8%) $162,671 (10.4%) 0.00 40
2023-06-01 $139,950 (25.3%) $205,864 (29.1%) 0.00 48
2023-07-01 $164,900 (18.7%) $228,475 (31.7%) 0.00 52
2023-08-01 $195,175 (25.9%) $239,114 (21.0%) 0.00 69
2023-09-01 $185,000 (24.2%) $229,162 (25.7%) 0.00 77
2023-10-01 $177,500 (22.4%) $209,160 (21.5%) 0.00 82
2023-11-01 $161,225 (10.4%) $207,077 (19.2%) 0.00 96
2023-12-01 $171,944 (22.9%) $205,346 (20.8%) 0.00 98
2024-01-01 $174,947 (29.7%) $202,860 (21.9%) 0.00 87
2024-02-01 $191,225 (51.5%) $221,336 (33.4%) 0.00 77
2024-03-01 $216,950 (70.2%) $248,955 (40.8%) 0.00 52
Marion's median listing price for 2024-03-01 was $216,950, a difference of $89,500 (70.2%) versus the prior year and $25,725 versus the prior month.

Marion's median listing price comes in at 0% of the national average.

Marion's average listing price for 2024-03-01 was $248,955, a difference of $72,099 (40.8%) versus the prior year and $27,619 versus the prior month.

For the 2024-03-01 period, Marion had 52 MLS listings, a difference of -25 listings (-32%) versus the prior month and -2 listings (-4%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Marion (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,506 sqft
2018-02-01 0 days 1,509 sqft
2018-03-01 0 days 1,513 sqft
2018-04-01 0 days 1,582 sqft
2018-05-01 0 days 1,483 sqft
2018-06-01 0 days 1,484 sqft
2018-07-01 0 days 1,478 sqft
2018-08-01 0 days 1,474 sqft
2018-09-01 0 days 1,481 sqft
2018-10-01 0 days 1,474 sqft
2018-11-01 0 days 1,464 sqft
2018-12-01 0 days 1,422 sqft
2019-01-01 0 days 1,338 sqft
2019-02-01 0 days 1,344 sqft
2019-03-01 0 days 1,337 sqft
2019-04-01 0 days 1,329 sqft
2019-05-01 0 days 1,450 sqft
2019-06-01 0 days 1,442 sqft
2019-07-01 0 days 1,444 sqft
2019-08-01 0 days 1,461 sqft
2019-09-01 0 days 1,488 sqft
2019-10-01 0 days 1,506 sqft
2019-11-01 0 days 1,509 sqft
2019-12-01 0 days 1,542 sqft
2020-01-01 0 days 1,487 sqft
2020-02-01 0 days 1,399 sqft
2020-03-01 0 days 1,429 sqft
2020-04-01 0 days 1,398 sqft
2020-05-01 0 days 1,398 sqft
2020-06-01 0 days 1,448 sqft
2020-07-01 0 days 1,496 sqft
2020-08-01 0 days 1,466 sqft
2020-09-01 0 days 1,564 sqft
2020-10-01 0 days 1,599 sqft
2020-11-01 0 days 1,666 sqft
2020-12-01 0 days 1,475 sqft
2021-01-01 0 days 1,461 sqft
2021-02-01 0 days 1,533 sqft
2021-03-01 0 days 1,493 sqft
2021-04-01 0 days 1,543 sqft
2021-05-01 0 days 1,586 sqft
2021-06-01 0 days 1,549 sqft
2021-07-01 0 days 1,476 sqft
2021-08-01 0 days 1,475 sqft
2021-09-01 0 days 1,446 sqft
2021-10-01 0 days 1,474 sqft
2021-11-01 0 days 1,396 sqft
2021-12-01 0 days 1,321 sqft
2022-01-01 0 days 1,324 sqft
2022-02-01 0 days 1,440 sqft
2022-03-01 0 days 1,393 sqft
2022-04-01 0 days 1,459 sqft
2022-05-01 0 days 1,379 sqft
2022-06-01 0 days 1,520 sqft
2022-07-01 0 days 1,500 sqft
2022-08-01 0 days 1,505 sqft
2022-09-01 0 days 1,484 sqft
2022-10-01 0 days 1,456 sqft
2022-11-01 0 days 1,426 sqft
2022-12-01 0 days 1,476 sqft
2023-01-01 0 days 1,497 sqft
2023-02-01 0 days 1,507 sqft
2023-03-01 0 days 1,536 sqft
2023-04-01 0 days 1,526 sqft
2023-05-01 0 days 1,480 sqft
2023-06-01 0 days 1,576 sqft
2023-07-01 0 days 1,592 sqft
2023-08-01 0 days 1,584 sqft
2023-09-01 0 days 1,560 sqft
2023-10-01 0 days 1,502 sqft
2023-11-01 0 days 1,430 sqft
2023-12-01 0 days 1,446 sqft
2024-01-01 0 days 1,460 sqft
2024-02-01 0 days 1,552 sqft
2024-03-01 0 days 1,614 sqft
Marion's median listing age (time on market) for 2024-03-01 was 0 days.

Marion's median square footage for active listings during the 2024-03-01 period was 1,614 sqft. One year prior, the average listing was 1,536 sqft.

Marion, OH Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 656 $107,290,000 $163,552
Cash Out Refi 181 $23,575,000 $130,249
Home Improvement 133 $8,175,000 $61,466
Other 98 $7,180,000 $73,265
Refi 91 $13,205,000 $145,110

Marion's most frequently cited loan purpose was Home Purchase, with 656 originations. The 2nd most popular reason was Cash Out Refi, with 181 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 366 $60,750,000 $165,984
7-8% 362 $49,970,000 $138,039
Over 8% 261 $21,675,000 $83,046
5-6% 120 $21,940,000 $182,833
<2.5% 8 $130,000 $16,250
4-5% 5 $635,000 $127,000
2.5-3% 5 $405,000 $81,000
3-4% 3 $215,000 $71,667

During 2023, Marion's most frequently originated rate bucket was 6-7%, with 366 originations.

Loan Sizing (Marion, OH MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 473 $25,975,000 $54,915
$100k-200k 470 $66,510,000 $141,511
$200k-400k 195 $52,355,000 $268,487
$400k-600k 14 $6,840,000 $488,571
$600k-1000k 4 $3,220,000 $805,000
$Over $1MM 3 $4,525,000 $1,508,333

Marion's loan sizing saw the bucket of loans from $100,000 or less with 473 originations, totaling $25,975,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 521 $91,785,000 $176,171
60-80% 220 $33,450,000 $152,045
Under 20% 147 $4,405,000 $29,966
20-40% 128 $8,700,000 $67,969
40-60% 97 $13,755,000 $141,804
Over 100% 12 $2,250,000 $187,500

Marion's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 521 originations, totaling $91,785,000 in origination value.