Housing in Marion, IA
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$252,000
Median List Price
$299,700
Price Per Sq Ft
$139
Days on Market
46
Active Inventory
84
Months of Supply
2.3
Seller's market
Zillow Home Value
$264,003
ZHVI — January 2026
Zillow Rent Index
$1,116
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
32.4%
Off Market in 2 Weeks
24.1%
Sale-to-List Ratio
99.1%
Buyer's market
Market Activity
Source: RedfinHomes Sold
37
New Listings
32
Pending Sales
54
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$139
Median List $/SF
$145
Marion vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 25,000 - 50,000 residents. Marion is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$230,800
Median Rent
$978
Total Housing Units
17,680
Vacancy Rate
5.3%
Owner Occupied
77.5%
Renter Occupied
22.5%
Median Property Tax
$3,982
per year
Monthly Cost (w/ Mortgage)
$1,347
Housing Types
The current median sale price in Marion, IA is $252,000 according to Redfin data. Homes spend a median of 46 days on the market. 32.4% of homes sold above asking price. The market has 2.3 months of supply. The median price per square foot is $139. Zillow's observed rent index is $1,116/month. About 77.5% of housing units are owner-occupied. The median year homes were built is 1992. There are 17,680 total housing units.