Marion County home listings asked for more money in May – see the current median price here

The median home in Marion County listed for $246,995 in May, up 1.5% from the previous month's $243,425, an analysis of data from Realtor.com shows.

Compared to May 2023, the median home list price increased 87.5% from $131,700.

The statistics in this article only pertain to houses listed for sale in Marion County, not houses that were sold. Information on your local housing market, along with other useful community data, is available at data.marionstar.com.

Marion County's median home was 1,673 square feet, listed at $137 per square foot. The price per square foot of homes for sale is up 55.3% from May 2023.

Listings in Marion County moved briskly, at a median 36 days listed compared to the May national median of 44 days on the market. In the previous month, homes had a median of 26 days on the market. Around 66 homes were newly listed on the market in May, a 6.5% increase from 62 new listings in May 2023.

The median home prices issued by Realtor.com may exclude many, or even most, of a market's homes. The price and volume represent only single-family homes, condominiums or townhomes. They include existing homes, but exclude most new construction as well as pending and contingent sales.

In Ohio, median home prices were $298,750, a 0.1% increase from April. The median Ohio home listed for sale had 1,796 square feet, with a price of $164 per square foot.

Throughout the United States, the median home price was $442,450, a slight increase from the month prior. The median American home for sale was listed at 1,859 square feet, with a price of $233 per square foot.

The median home list price used in this report represents the midway point of all the houses or units listed over the given period of time. Experts say the median offers a more accurate view of what's happening in a market than the average list price, which would mean taking the sum of all listing prices then dividing by the number of homes sold. The average can be skewed by one particularly low or high price.

The USA TODAY Network is publishing localized versions of this story on its news sites across the country, generated with data from Realtor.com. Please leave any feedback or corrections for this story here. This story was written by Ozge Terzioglu.