Marion, VA housing market: August 2026
What's happening in the Marion market right now.
Buyer's or seller's market?
Marion, VA is a balanced market: homes in Smyth County sell in a median of 62 days, and the number for sale is −4.9% on a year ago. Neither side has a clear edge.
12-month outlook
−0.5% to +5.5% for the typical Marion home value over the next 12 months.
A projection from past prices (the trend of the last 3 and 12 months, damped), not a prediction or advice. Local conditions can move faster than any trend.
Sources: Zillow Home Value Index, August 2026 · Realtor.com county data, August 2026. Listing figures are for Smyth County as a whole.
Marion market — questions answered
What is the typical home value in Marion, VA?
$165,087 as of August 2026, +3.8% on a year earlier (Zillow Home Value Index).
Are home prices going up in Marion, VA?
Yes — the typical home value changed +3.8% over the year to August 2026 and +32% over five years.
Is Marion, VA a buyer's or seller's market?
It's balanced: the median home in Smyth County sells in 62 days (Realtor.com, August 2026).
How many homes are for sale in Marion, VA?
78 homes were listed for sale across Smyth County in August 2026 (Realtor.com).
Who are the best real estate agents in Marion, VA?
Homegrity lists license-verified Marion agents, each checked against the state license register. Placement is never bought. The nearest page listing agents is Chilhowie, VA: /real-estate-agents/chilhowie.