Marion, VA
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Marion short-term rental market based on reliable data.
Listings
31 / 55
Reliable / Active
Cap Rate
14%
Middle-Earners Gross Yield
Revenue
$21,272
Middle-Earners Revenue
Occupancy
47%
Middle-Earners Occupancy
Home Value
$153,948
Median Home Sale Price
Top Earners
$36,695
Top-Earners Revenue
Marion
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Marion.
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Generally Investor friendly
Marion Regulations
Allowed by right in R‑2/R‑3/R‑4 with clear registration and no caps, though excluded from R‑1 and moderate fees/compliance apply.
Local STR Agent
STR specialist · Marion, VA
About Marion
Marion is a town in, and the county seat of, Smyth County, Virginia, United States. It is positioned upon Interstate 81, in the Blue Ridge portion of the Southern Appalachian mountains in Southwest Virginia. The town is named for American Revolutionary War officer Francis Marion. The town limits had a population of approximately 6,000, per 2020 Census estimates. However, together with the neighborhoods, an additional 9,000 residents residing in unincorporated Smyth County have Marion mailing addresses, granting the Marion, VA ZIP code (24354) a total population of about 14,500, which is around half of the county's total population.