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Marion, AR Real Estate


According to census data in the year 2000 there were 3,331 housing units in Marion. This represents a 112.4% growth from 1,568 in 1990.

Of those housing units, 3,123 were located in either urbanized areas or urban clusters, and 208 were located in what is classified as a rural area.

Homeownership rate in Marion is about 67%. Marion's vacancy rate, including seasonal lodging, is about 2.6%. Average household size is 2.71 people.

The majority of houses, apartments or condos in Marion were built after 1991.

Statistics

Housing Size

Housing Units by Size
Studio Type1.30%
One Bedroom6%
Two Bedrooms28.60%
Three Bedrooms52.10%
Four Bedrooms10.80%
Five Bedrooms or more1.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.05
Median year structure was built1990
Median Value of occupied units$97,200
Median Price asked for vacant units$120,000

Rented Homes, Apartments and Condos

Average Household Size2.03
Median year structure was built1995
Median Monthly Rent asked for vacant units$492

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7%
Home Equity Loan4.70%
Simple Mortgage75.90%
Debt Free12.30%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18.9%