Brokers — List your Company Here
Featured local agent — Marion, IA
Sarah Mitchell
Compass Real Estate · Marion, IA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Marion, IA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$286,150median sale price
How is the Marion, IA housing market right now?
The median home sale price in Marion, IA is $286,150, up 6.8% year-over-year. Homes sell in an average of 12 days with 86 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Marion a buyer's or seller's market?
Marion, IA is currently a strong seller's market, based on 1.6 months of supply and homes selling in about 12 days. How we determine this →
Homes sold
55
Last 12 weeks
Days on market
12
Fast-moving
Active listings
86
1.6 months supply
Sale-to-list
100.0%
Above asking
What does the Marion housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $286,150 |
| Median list price | $325,000 |
| Year-over-year price change | +6.8% |
| Average days on market | 12 days |
| Active inventory | 86 listings |
| Months of supply | 1.6 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $140/sq ft |
| Homes sold (latest month) | 55 |
| New listings (latest month) | 78 |
| Listings with a price cut | 40.7% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Marion by property type?
How the Marion, IA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $327,500 | $148/sq ft | 42 | 9 days |
| Condo / Co-op | $209,000 | $135/sq ft | 13 | 29 days |
Source: Redfin · Updated monthly
The Marion housing market is currently classified as a strong seller's market with a median sale price of $286,150. Prices have risen 6.8% compared to last year, with homes spending an average of 12 days on market, indicating 1.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.2x provides context for how home values compare to local earning capacity.
Homes for sale in Marion
There are currently 86 homes listed for sale in Marion, Iowa. The median listing price is $325K.
Active listings
86
Homes on market
Median list price
$325K
Avg. days on market
12
Days until sale
New this week
78
Newly listed
Who lives in Marion?
Population
41,690
Median income
$87,105/yr
Median age
40.4 years
Owner-occupied
77.5%
College grads
39.2%
Avg commute
19.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Marion?
Zillow home value
$281,616
Zillow rent index
$1,278/mo
Price-to-rent ratio
18.4x
Price-to-income
3.2x
Source: Zillow Research
What is it like to live in Marion?
Marion is a community of approximately 42K residents with a median age of 40.4 years.The median household income is $87,105, which reflects a relatively affluent area with strong earning potential. 39.2% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 77.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 19.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Marion offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve 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.
Which cities are near Marion, IA?
Want a head-to-head view? Compare Marion side-by-side with any other U.S. city using our market-comparison tool.
Is Marion a good real estate investment market?
For investors evaluating Marion, the price-to-rent ratio of 18.4x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 6.8% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Marion's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Marion's median home price.
Frequently asked questions
What is the average home price in Marion?
The median home sale price in Marion is $286,150, up 6.8% from last year.
How long do homes stay on market in Marion?
Homes typically spend 12 days on market before going under contract.
What is the median income in Marion?
The median household income is $87,105 per year.
Is Marion a buyer's or seller's market?
With 1.6 months of supply, Marion is currently a strong seller's market.
What is the Zillow home value estimate for Marion?
The Zillow Home Value Index (ZHVI) for Marion is $281,616, representing the typical home value in the area.
What is the median condo price in Marion?
The median condo/co-op sale price in Marion, IA is $209,000, compared to $327,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Marion?
The median single-family home price in Marion, IA is $327,500 (about $148 per square foot).
Be the brokerage on this page
1 slot per pageGet featured on Marion, IA
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Get Marion market alerts
Weekly updates on prices, inventory, and trends. Free forever.