Marion, VA Real Estate
According to census data in the year 2000 there were 2,816 housing units in Marion.
This represents a 0.8% growth from 2,795 in 1990.
Of those housing units, 2,802 were located in either urbanized areas or urban clusters, and 14 were located in what is classified as a rural area.
Homeownership rate in Marion is about 56.8%.
Marion's vacancy rate, including seasonal lodging, is about 6.5%.
Average household size is 2.11 people.
The majority of houses, apartments or condos in Marion were built after 1958.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 11% |
| Two Bedrooms | 35.30% |
| Three Bedrooms | 38.80% |
| Four Bedrooms | 10% |
| Five Bedrooms or more | 4% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.29 |
| Median year structure was built | 1955 |
| Median Value of occupied units | $65,800 |
| Median Price asked for vacant units | $51,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.87 |
| Median year structure was built | 1965 |
| Median Monthly Rent asked for vacant units | $230 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 8.50% |
| Home Equity Loan | 2.70% |
| Simple Mortgage | 41.60% |
| Debt Free | 47.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.9% |
