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Featured local agent — Marion, MN
Sarah Mitchell
Compass Real Estate · Marion, MN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Marion, MN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$894,900median sale price
How is the Marion, MN housing market right now?
The median home sale price in Marion, MN is $894,900. Homes sell in an average of 7 days with 3 active listings. The market is currently a 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, MN is currently a seller's market, based on 3.0 months of supply and homes selling in about 7 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
7
Fast-moving
Active listings
3
3.0 months supply
Sale-to-list
100.0%
Above asking
What does the Marion housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $894,900 |
| Median list price | $240,000 |
| Average days on market | 7 days |
| Active inventory | 3 listings |
| Months of supply | 3.0 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $397/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 1 |
| Listings with a price cut | 66.7% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Marion by property type?
How the Marion, MN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $894,900 | $397/sq ft | 1 | 7 days |
Source: Redfin · Updated monthly
The Marion housing market is currently classified as a seller's market with a median sale price of $894,900. Prices have fallen 0.0% compared to last year, with homes spending an average of 7 days on market, indicating 3.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Marion
There are currently 3 homes listed for sale in Marion, Minnesota. The median listing price is $240K.
Active listings
3
Homes on market
Median list price
$240K
Avg. days on market
7
Days until sale
New this week
1
Newly listed
Who lives in Marion?
Population
308
Median age
46 years
Owner-occupied
100.0%
College grads
26.2%
Avg commute
16.6 min
Source: U.S. Census Bureau ACS
What is it like to live in Marion?
Marion is a community of approximately 0K residents with a median age of 46 years. 26.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 100.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 16.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Marion offers a distinctive character that appeals to different lifestyle preferences.
Which cities are near Marion, MN?
Want a head-to-head view? Compare Marion side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Marion?
The median home sale price in Marion is $894,900, down 0.0% from last year.
How long do homes stay on market in Marion?
Homes typically spend 7 days on market before going under contract.
Is Marion a buyer's or seller's market?
With 3.0 months of supply, Marion is currently a seller's market.
How much does a single-family home cost in Marion?
The median single-family home price in Marion, MN is $894,900 (about $397 per square foot).
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