Marion, IA Housing Market & Real Estate

Balanced market+13.2% YoY

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?

Balanced market2.0 months of supply64 avg. days on 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

Current housing market statistics for Marion, IA
MetricValue
Median sale price$292,000
Median list price$315,000
Year-over-year price change+13.2%
Average days on market64 days
Active inventory83 listings
Months of supply2.0 months
Sale-to-list price ratio98.6%
Market conditionBalanced 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

Price drops:21.7%of listings
Sale-to-list:98.6%

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

Public

Marion High School

Grades 9-12 · 720 students

Public

Boulder Peak Intermediate School

Grades 5-6 · 646 students

Public

Vernon Middle School

Grades 5-8 · 621 students

Public

Excelsior Middle School

Grades 7-8 · 605 students

Public

Hazel Point Intermediate School

Grades 5-6 · 558 students

Public

Oak Ridge Middle School

Grades 7-8 · 537 students

Public

Echo Hill Elementary

Grades PK-4 · 519 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Explore nearby cities in IA

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.

Pre-launch · for real estate professionals

Reserve a slot on this page

Get your brokerage in front of buyers actively shopping this city on the Marion, IA market page when featured listings launch in the next 1-2 weeks. One brokerage slot per page, billed monthly once live.

$100 / month

Reserve slot

Get Marion market alerts

Weekly updates on prices, inventory, and trends. Free forever.