Marion Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in Marion averaged 6.92% for the week of 2025-04-03, compared to the national average of 6.64% for the same period.

    The average rate for the prior week (2025-03-27) was 6.93% and one month ago for the week of 2025-02-27, the average rate was 7.04%.

    Marion's average rate one year ago was 6.77%.

    For refis of the same type during the week of 2025-04-03, the average rate was 6.84%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2025-04-03 6.64%
    Marion 30 Year Fixed Rate 2025-04-03 6.92%
    Marion 30 Year Fixed Rate Refi 2025-04-03 6.84%
    Marion 15 Year Fixed Rate 2025-04-03 5.62%
    Marion 15 Year Fixed Rate Refi 2025-04-03 6.12%
    Marion 30 Year FHA 2025-04-03 6.46%
    Marion 30 Year FHA Refi 2025-04-03 6.46%
    Marion 30 Year USDA 2025-04-03 6.52%
    Marion 30 Year USDA Refi 2025-04-03 6.22%
    Marion 30 Year VA 2025-04-03 6.06%
    Marion 30 Year VA Refi 2025-04-03 5.96%
    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 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    UNION HOME MORTGAGE CORP. 79 6.99% $5,356
    QUICKEN LOANS, LLC 41 6.70% $5,619
    First Federal Bank of the Midwest 39 6.71% $3,297
    UNITED 32 6.93% $3,053
    The Huntington National Bank 22 6.91% $3,440
    JPMorgan Chase Bank 19 6.95% $2,941
    CROSSCOUNTRY MORTGAGE, LLC 16 6.88% $5,461
    NFM, INC. 13 7.05% $4,642
    Fifth Third Bank 9 6.84% $2,805
    UNITED WHOLESALE MORTGAGE, LLC 9 7.21% $6,425
    PLANET HOME LENDING, LLC 9 6.26% $4,007
    The Park National Bank 8 6.83% $3,747
    The Union Bank Company 6 6.52% $3,311
    HONDA Federal Credit Union 6 6.50% $4,472
    WRIGHT-PATT CREDIT UNION, INC. 6 6.33% $3,317
    T2 FINANCIAL LLC 5 7.15% $5,776
    AmeriHome Mortgage Company, LLC 5 7.12% $5,592
    KEMBA FINANCIAL 5 6.65% $4,380
    HOMESIDE FINANCIAL, LLC 5 6.83% $4,655
    LOANDEPOT.COM, LLC 4 6.19% $6,217
    PNC Bank 4 6.44% $4,218
    EQUITY RESOURCES, INC. 4 6.78% $3,176
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4 6.65% $4,271
    Fidelity Federal Savings and Loan Association 4 6.50% $2,996
    FIRST COMMUNITY MORTGAGE, INC. 4 6.88% $3,789
    THE EQUITABLE MORTGAGE CORPORATION 4 6.59% $4,384
    GSF Mortgage Corporation 4 6.72% $4,219
    RUOFF MORTGAGE COMPANY, INC. 4 7.41% $3,964
    HOWARD HANNA FINANCIAL SERVICES, INC. 4 7.34% $4,385
    ROYAL UNITED MORTGAGE LLC 4 6.91% $6,546
    U.S. Bank 4 7.34% $4,141
    Mr. Cooper ( Nationstar Mortgage ) 3 7.37% $5,550
    ZILLOW HOME LOANS, LLC 2 6.75% $3,726
    BROKER SOLUTIONS, INC. 2 7.74% $4,449
    Cf Bank 2 6.75% $3,500
    Civista Bank 2 6.13% $4,050
    MEMBER FIRST MORTGAGE, LLC 2 7.25% $3,611
    NEWREZ LLC 2 6.68% $6,854
    PENNYMAC LOAN SERVICES, LLC 2 7.12% $5,623
    Superior Credit Union, Inc. 2 6.75% $2,160
    Pathways Financial Credit Union, Inc. 1 6.25% $2,148
    BMI Federal Credit Union 1 7.09% $2,712
    MUTUAL OF OMAHA MORTGAGE, INC. 1 7.50% $6,016
    PLAZA HOME MORTGAGE, INC. 1 6.63% $3,329
    Mortgage Research Center, LLC 1 6.63% $6,516
    KeyBank 1 6.88% $4,851
    INOVA FEDERAL CREDIT UNION 1 7.13% $3,336
    GUILD MORTGAGE COMPANY 1 7.13% $5,850
    A&D Mortgage LLC 1 8.49% $6,481
    GUARANTEED RATE, INC. 1 5.63% $10,744
    TELHIO 1 6.00% $3,293
    Flagstar Bank, FSB 1 6.99% $4,866
    First National Bank of America 1 9.38% $10,399
    Farm Credit Mid-America, ACA 1 7.00% $8,096
    The State Bank and Trust Company 1 6.50% $3,952
    Discover Bank 1 8.11% $0
    Third Federal Savings and Loan Association of Cleveland 1 6.49% $10,406
    Toyota Financial Savings Bank 1 6.68% $3,928
    CNB Bank 1 5.88% $4,403
    Union Savings Bank 1 7.25% $2,403
    Citizens Bank 1 6.38% $4,052
    Carrington Mortgage Services, LLC 1 6.75% $7,246
    CALCON MUTUAL MORTGAGE LLC 1 7.38% $3,620
    US MORTGAGE CORPORATION 1 7.49% $5,135
    VANDERBILT MORTGAGE AND FINANCE, INC. 1 7.50% $8,958
    Wells Fargo Bank 1 7.38% $3,879
    NexBank 1 6.88% $2,841
    NAVY FEDERAL CREDIT UNION 1 8.75% $3,919

    Marion Average Closing Costs & Other Stats

    Marion, OH's 68 lenders originated 1,266 loans during 2024. The total origination value was $203,960,000, with an average loan value of $161,106.

    Marion's average closing costs are $4,562.

    The top Marion lender as defined by loan originations is UNION HOME MORTGAGE CORP., with 79 loans originated. Their average total fees are $5,356, which is $263 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Marion lenders (with over 10 loans originated) are JPMorgan Chase Bank ($2,941), UNITED ($3,053), First Federal Bank of the Midwest ($3,297), The Huntington National Bank ($3,440) and NFM, INC. ($4,642).

    The lowest rate Marion lenders (with over 10 loans originated) are QUICKEN LOANS, LLC (6.70%), First Federal Bank of the Midwest (6.71%), CROSSCOUNTRY MORTGAGE, LLC (6.88%), The Huntington National Bank (6.91%) and UNITED (6.93%).

    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 2023 Loan Value 2024 Loan Value % Change 2024 Market Share
    UNION HOME MORTGAGE CORP. $18,545,000 $23,175,000 25.0% 11.4%
    QUICKEN LOANS, LLC $11,940,000 $15,960,000 33.7% 7.8%
    Merchants Capital Corp. $13,425,000 n/a 6.6%
    First Federal Bank of the Midwest $9,880,000 $11,795,000 19.4% 5.8%
    UNITED $7,470,000 $9,280,000 24.2% 4.5%
    The Huntington National Bank $10,035,000 $8,755,000 -12.8% 4.3%
    CROSSCOUNTRY MORTGAGE, LLC $4,690,000 $7,590,000 61.8% 3.7%
    Merchants Bank of Indiana $7,115,000 n/a 3.5%
    NFM, INC. $5,085,000 $6,370,000 25.3% 3.1%
    UNITED WHOLESALE MORTGAGE, LLC $2,535,000 $4,235,000 67.1% 2.1%
    Mortgage Research Center, LLC $2,225,000 $4,105,000 84.5% 2.0%
    HOMESIDE FINANCIAL, LLC $835,000 $4,075,000 388.0% 2.0%
    JPMorgan Chase Bank $2,845,000 $3,770,000 32.5% 1.8%
    Fifth Third Bank $3,100,000 $3,345,000 7.9% 1.6%
    The Union Bank Company $2,085,000 $3,115,000 49.4% 1.5%
    AG Credit, Agricultural Credit Association $3,200,000 $2,950,000 -7.8% 1.4%
    PNC Bank $2,830,000 $2,645,000 -6.5% 1.3%
    PENNYMAC LOAN SERVICES, LLC $1,940,000 $2,510,000 29.4% 1.2%
    The Park National Bank $6,045,000 $2,505,000 -58.6% 1.2%
    First Citizens National Bank $2,955,000 $2,355,000 -20.3% 1.2%
    FREEDOM MORTGAGE CORPORATION $970,000 $2,315,000 138.7% 1.1%
    NEWREZ LLC $1,380,000 $2,255,000 63.4% 1.1%
    RUOFF MORTGAGE COMPANY, INC. $2,820,000 $2,250,000 -20.2% 1.1%
    PLANET HOME LENDING, LLC $400,000 $2,135,000 433.8% 1.0%
    HONDA Federal Credit Union $620,000 $1,985,000 220.2% 1.0%
    KEMBA FINANCIAL $665,000 $1,855,000 178.9% 0.9%
    THE EQUITABLE MORTGAGE CORPORATION $1,690,000 $1,715,000 1.5% 0.8%
    First Federal Community Bank of Bucyrus $365,000 $1,495,000 309.6% 0.7%
    LOANDEPOT.COM, LLC $685,000 $1,455,000 112.4% 0.7%
    EQUITY RESOURCES, INC. $1,110,000 $1,375,000 23.9% 0.7%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,540,000 $1,370,000 -11.0% 0.7%
    Mr. Cooper ( Nationstar Mortgage ) $560,000 $1,265,000 125.9% 0.6%
    AmeriHome Mortgage Company, LLC $425,000 $1,255,000 195.3% 0.6%
    T2 FINANCIAL LLC $1,290,000 $1,250,000 -3.1% 0.6%
    GSF Mortgage Corporation $250,000 $1,245,000 398.0% 0.6%
    MID AMERICA MORTGAGE, INC. $565,000 $1,180,000 108.8% 0.6%
    CNB Bank $2,765,000 $1,175,000 -57.5% 0.6%
    RAPID MORTGAGE COMPANY $680,000 $1,100,000 61.8% 0.5%
    GUARANTEED RATE, INC. $1,075,000 $1,055,000 -1.9% 0.5%
    WRIGHT-PATT CREDIT UNION, INC. $490,000 $990,000 102.0% 0.5%
    FIRST COMMUNITY MORTGAGE, INC. $1,225,000 $935,000 -23.7% 0.5%
    GUILD MORTGAGE COMPANY $370,000 $930,000 151.4% 0.5%
    Third Federal Savings and Loan Association of Cleveland $565,000 $885,000 56.6% 0.4%
    ROYAL UNITED MORTGAGE LLC $400,000 $815,000 103.8% 0.4%
    Civista Bank $830,000 $810,000 -2.4% 0.4%
    GUARANTEED RATE AFFINITY, LLC $935,000 $785,000 -16.0% 0.4%
    HOWARD HANNA FINANCIAL SERVICES, INC. $155,000 $765,000 393.5% 0.4%
    U.S. Bank $700,000 $765,000 9.3% 0.4%
    VILLAGE CAPITAL MORTGAGE $725,000 n/a 0.4%
    The State Bank and Trust Company $620,000 $705,000 13.7% 0.3%
    BROKER SOLUTIONS, INC. $560,000 $695,000 24.1% 0.3%
    Fidelity Federal Savings and Loan Association $450,000 $675,000 50.0% 0.3%
    Carrington Mortgage Services, LLC $1,095,000 $635,000 -42.0% 0.3%
    Figure Lending LLC $405,000 $610,000 50.6% 0.3%
    LIBERTY HOME MORTGAGE CORPORATION $395,000 $610,000 54.4% 0.3%
    MEMBER FIRST MORTGAGE, LLC $595,000 n/a 0.3%
    Citizens Bank $300,000 $580,000 93.3% 0.3%
    FIRST OHIO HOME FINANCE, INC. $1,560,000 $580,000 -62.8% 0.3%
    SUN WEST MORTGAGE COMPANY, INC. $325,000 $565,000 73.8% 0.3%
    PLAZA HOME MORTGAGE, INC. $555,000 n/a 0.3%
    CALCON MUTUAL MORTGAGE LLC $515,000 n/a 0.3%
    Paramount Residential Mortgage Group, Inc. $175,000 $505,000 188.6% 0.2%
    Premium Mortgage Corporation $495,000 n/a 0.2%
    MOVEMENT MORTGAGE, LLC $480,000 n/a 0.2%
    Barrington Bank & Trust Company, N.A. $550,000 $475,000 -13.6% 0.2%
    NEW DAY FINANCIAL, LLC $235,000 $470,000 100.0% 0.2%
    AMERICAN FINANCING CORPORATION $45,000 $460,000 922.2% 0.2%
    VANDERBILT MORTGAGE AND FINANCE, INC. $425,000 $445,000 4.7% 0.2%
    Cf Bank $125,000 $420,000 236.0% 0.2%
    BETTER MORTGAGE CORPORATION $405,000 n/a 0.2%
    MUTUAL OF OMAHA MORTGAGE, INC. $435,000 $405,000 -6.9% 0.2%
    ZILLOW HOME LOANS, LLC $255,000 $405,000 58.8% 0.2%
    Hometown Equity Mortgage, LLC $400,000 n/a 0.2%
    NAVY FEDERAL CREDIT UNION $815,000 $400,000 -50.9% 0.2%
    GENEVA FINANCIAL, LLC $275,000 $385,000 40.0% 0.2%
    BMI Federal Credit Union $155,000 $380,000 145.2% 0.2%
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $425,000 $380,000 -10.6% 0.2%
    Farm Credit Mid-America, ACA $365,000 n/a 0.2%
    AMERISAVE MORTGAGE CORPORATION $305,000 $360,000 18.0% 0.2%
    KeyBank $365,000 $360,000 -1.4% 0.2%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $1,035,000 $360,000 -65.2% 0.2%
    Superior Credit Union, Inc. $1,115,000 $350,000 -68.6% 0.2%
    SPRING EQ, LLC $140,000 $335,000 139.3% 0.2%
    Discover Bank $490,000 $330,000 -32.7% 0.2%
    TRIAD FINANCIAL SERVICES, INC. $340,000 $330,000 -2.9% 0.2%
    NETWORK CAPITAL FUNDING CORPORATION $315,000 n/a 0.2%
    First Federal Bank of Ohio $305,000 n/a 0.1%
    MYCUMORTGAGE, LLC $295,000 n/a 0.1%
    Union Savings Bank $2,770,000 $285,000 -89.7% 0.1%
    LAKEVIEW LOAN SERVICING, LLC $270,000 n/a 0.1%
    The Middlefield Banking Company $205,000 $270,000 31.7% 0.1%
    Wells Fargo Bank $310,000 $250,000 -19.4% 0.1%
    HOMEXPRESS MORTGAGE CORP. $245,000 n/a 0.1%
    SENTE MORTGAGE, INC. $245,000 n/a 0.1%
    LENDINGHOME FUNDING CORPORATION $410,000 $240,000 -41.5% 0.1%
    First National Bank of America $235,000 n/a 0.1%
    Equity Prime Mortgage LLC $215,000 n/a 0.1%
    Gateway First Bank $240,000 $215,000 -10.4% 0.1%
    Toyota Financial Savings Bank $215,000 n/a 0.1%
    VELOCITY COMMERCIAL CAPITAL, LLC $65,000 $215,000 230.8% 0.1%
    LENDINGONE, LLC $190,000 n/a 0.1%
    TELHIO $55,000 $190,000 245.5% 0.1%
    DIGNIFIED HOME LOANS, LLC $185,000 n/a 0.1%
    The Richwood Banking Company $1,105,000 $185,000 -83.3% 0.1%
    AmRes Corporation $165,000 n/a 0.1%
    CME Federal Credit Union $165,000 n/a 0.1%
    First Federal Savings and Loan Association $165,000 n/a 0.1%
    LOANPAL, LLC $75,000 $155,000 106.7% 0.1%
    Flagstar Bank, FSB $700,000 $150,000 -78.6% 0.1%
    CMG MORTGAGE, INC. $145,000 n/a 0.1%
    Pathways Financial Credit Union, Inc. $505,000 $145,000 -71.3% 0.1%
    US MORTGAGE CORPORATION $145,000 n/a 0.1%
    Coastal Community Bank $390,000 $130,000 -66.7% 0.1%
    LONGBRIDGE FINANCIAL, LLC $125,000 n/a 0.1%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $250,000 $125,000 -50.0% 0.1%
    The Federal Savings Bank $1,310,000 $125,000 -90.5% 0.1%
    A&D Mortgage LLC $105,000 n/a 0.1%
    EVANSVILLE TEACHERS $105,000 n/a 0.1%
    Heartland Bank $500,000 $105,000 -79.0% 0.1%
    Nations Lending Corporation $105,000 n/a 0.1%
    NEXERA HOLDING LLC $105,000 n/a 0.1%
    CORPORATE AMERICA FAMILY $100,000 n/a 0.0%
    ALLIED MORTGAGE GROUP, INC. $85,000 n/a 0.0%
    CARDINAL FINANCIAL $195,000 $85,000 -56.4% 0.0%
    INOVA FEDERAL CREDIT UNION $85,000 n/a 0.0%
    TOP FLITE FINANCIAL, INC. $95,000 $85,000 -10.5% 0.0%
    NexBank $75,000 n/a 0.0%
    CREDIT HUMAN FEDERAL CREDIT UNION $55,000 n/a 0.0%
    Connexus Credit Union $45,000 n/a 0.0%
    SUN Federal Credit Union $125,000 $35,000 -72.0% 0.0%
    Home Loan Investment Bank, F.S.B. $25,000 n/a 0.0%

    Marion's top lender by overall market share is UNION HOME MORTGAGE CORP., with 11.4% market share. In second place, with 7.8%, is QUICKEN LOANS, LLC, having originated $15,960,000 in loans. In third place, with 6.6%, is Merchants Capital Corp., having originated $13,425,000 in loans. In fourth place, with 5.8%, is First Federal Bank of the Midwest, having originated $11,795,000 in loans. In fifth place, with 4.5%, is UNITED, having originated $9,280,000 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 $79,450 (-0.1%) $134,979 (22.8%) 0.00 110
    2018-05-01 $88,663 (11.9%) $132,892 (19.0%) 0.00 112
    2018-06-01 $97,200 (11.8%) $140,214 (13.9%) 0.00 130
    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%) $112,203 (-16.9%) 0.00 96
    2019-05-01 $91,475 (3.2%) $133,149 (0.2%) 0.00 97
    2019-06-01 $89,900 (-7.5%) $141,781 (1.1%) 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 (22.8%) 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 55
    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 $130,000 (34.9%) $163,493 (6.4%) 0.00 72
    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 $183,500 (23.2%) $224,218 (22.9%) 0.00 76
    2023-10-01 $176,225 (21.5%) $205,115 (19.1%) 0.00 81
    2023-11-01 $159,975 (9.5%) $203,615 (17.2%) 0.00 95
    2023-12-01 $169,000 (20.8%) $201,854 (18.8%) 0.00 97
    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
    2024-04-01 $243,425 (76.1%) $271,743 (56.1%) 0.00 61
    2024-05-01 $246,995 (87.5%) $277,483 (70.6%) 0.00 71
    2024-06-01 $229,900 (64.3%) $269,705 (31.0%) 0.00 72
    2024-07-01 $184,725 (12.0%) $241,843 (5.9%) 0.00 93
    2024-08-01 $191,040 (-2.1%) $233,758 (-2.2%) 0.00 105
    2024-09-01 $184,950 (0.8%) $224,571 (0.2%) 0.00 122
    2024-10-01 $184,450 (4.7%) $229,973 (12.1%) 0.00 124
    2024-11-01 $189,000 (18.1%) $277,984 (36.5%) 0.00 117
    2024-12-01 $181,150 (7.2%) $277,385 (37.4%) 0.00 110
    2025-01-01 $198,725 (13.6%) $282,925 (39.5%) 0.00 98
    2025-02-01 $207,450 (8.5%) $304,716 (37.7%) 0.00 83
    2025-03-01 $212,000 (-2.3%) $315,613 (26.8%) 0.00 88
    Marion's median listing price for 2025-03-01 was $212,000, a difference of $-4,950 (-2.3%) versus the prior year and $4,550 versus the prior month.

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

    Marion's average listing price for 2025-03-01 was $315,613, a difference of $66,658 (26.8%) versus the prior year and $10,897 versus the prior month.

    For the 2025-03-01 period, Marion had 88 MLS listings, a difference of 5 listings (6%) versus the prior month and 36 listings (69%) 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 1,584 sqft
    2018-05-01 0 days 1,483 sqft
    2018-06-01 0 days 1,487 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 1,475 sqft
    2021-11-01 0 days 1,399 sqft
    2021-12-01 0 days 1,329 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 1,493 sqft
    2023-11-01 0 days 1,423 sqft
    2023-12-01 0 days 1,440 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
    2024-04-01 0 days 1,811 sqft
    2024-05-01 0 days 1,673 sqft
    2024-06-01 0 days 1,626 sqft
    2024-07-01 0 days 1,563 sqft
    2024-08-01 0 days 1,561 sqft
    2024-09-01 0 days 1,589 sqft
    2024-10-01 0 days 1,596 sqft
    2024-11-01 0 days 1,540 sqft
    2024-12-01 0 days 1,531 sqft
    2025-01-01 0 days 1,512 sqft
    2025-02-01 0 days 1,471 sqft
    2025-03-01 0 days 1,534 sqft
    Marion's median listing age (time on market) for 2025-03-01 was 0 days.

    Marion's median square footage for active listings during the 2025-03-01 period was 1,534 sqft. One year prior, the average listing was 1,614 sqft.

    Marion, OH Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 681 $135,395,000 $198,818
    Cash Out Refi 187 $25,805,000 $137,995
    Home Improvement 151 $9,345,000 $61,887
    Refi 130 $25,540,000 $196,462
    Other 116 $7,710,000 $66,466
    NA 1 $165,000 $165,000

    Marion's most frequently cited loan purpose was Home Purchase, with 681 originations. The 2nd most popular reason was Cash Out Refi, with 187 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 451 $81,525,000 $180,765
    7-8% 330 $49,410,000 $149,727
    Over 8% 309 $30,165,000 $97,621
    5-6% 127 $23,785,000 $187,283
    4-5% 9 $1,125,000 $125,000
    <2.5% 6 $40,000 $6,667
    2.5-3% 1 $5,000 $5,000

    During 2024, Marion's most frequently originated rate bucket was 6-7%, with 451 originations.

    Loan Sizing (Marion, OH MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 492 $70,080,000 $142,439
    $100,000 or less 475 $26,795,000 $56,411
    $200k-400k 267 $71,165,000 $266,536
    $400k-600k 25 $11,915,000 $476,600
    $600k-1000k 5 $3,465,000 $693,000
    $Over $1MM 2 $20,540,000 $10,270,000

    Marion's loan sizing saw the bucket of loans from $100k-200k with 492 originations, totaling $70,080,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 535 $101,045,000 $188,869
    60-80% 218 $43,750,000 $200,688
    20-40% 161 $11,785,000 $73,199
    Under 20% 158 $5,710,000 $36,139
    40-60% 122 $14,370,000 $117,787
    Over 100% 17 $4,765,000 $280,294

    Marion's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 535 originations, totaling $101,045,000 in origination value.