Marion, IA

Balanced market+13.2% YoY

Housing market overview · Updated weekly

$292,000median sale price

Homes sold

41

Last 12 weeks

Days on market

64

Average pace

Active listings

83

2.0 months supply

Sale-to-list

98.6%

Below asking

The Marion housing market is currently classified as a balanced market with a median sale price of $292,000. Prices have risen 13.2% compared to last year, with homes spending an average of 64 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

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Frequently asked questions

What is the average home price in Marion?

The median home sale price in Marion is $292,000, up 13.2% from last year.

How long do homes stay on market in Marion?

Homes typically spend 64 days on market before going under contract.

Is Marion a buyer's or seller's market?

With 2.0 months of supply, Marion is currently a balanced market.

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