Marion, IA Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Marion, IA is $292,000, up 13.2% year-over-year. Homes sell in an average of 64 days with 83 active listings. The market is currently a balanced market.
$292,000median sale price
Is Marion a buyer's or seller's market?
Marion, IA is currently a balanced market, based on 2.0 months of supply and homes selling in about 64 days. How we determine this →
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
Marion, IA market data
| Metric | Value |
|---|---|
| Median sale price | $292,000 |
| Median list price | $315,000 |
| Year-over-year price change | +13.2% |
| Average days on market | 64 days |
| Active inventory | 83 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 98.6% |
| Market condition | Balanced market |
Source: Redfin · Updated weekly
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
Homes for sale in Marion
There are currently 83 homes listed for sale in Marion, Iowa. The median listing price is $315K.
Active listings
83
Homes on market
Median list price
$315K
Avg. days on market
64
Days until sale
New this week
55
Newly listed
Top public schools in Marion
15 schools tracked · 8,743 students
The largest public schools serving Marion, IA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Linn-Mar High School
Grades 9-12 · 2,222 students
Marion High School
Grades 9-12 · 720 students
Boulder Peak Intermediate School
Grades 5-6 · 646 students
Vernon Middle School
Grades 5-8 · 621 students
Excelsior Middle School
Grades 7-8 · 605 students
Hazel Point Intermediate School
Grades 5-6 · 558 students
Oak Ridge Middle School
Grades 7-8 · 537 students
Echo Hill Elementary
Grades PK-4 · 519 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
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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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