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Foreclosure Homes in Marion, IA

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Marion, IA Foreclosures

How much do homes sell for in Marion, IA?
The average home price is currently $296,790.
In Marion, IA, how many homes are available?
There are currently 162 active home listings available in Marion.
What’s the average rental cost in Marion, IA?
The average rental price in Marion is $1,493.
What is the most expensive home in Marion?
The most expensive home sold in Marion had a price of $20,777,897.
What is currently the cheapest priced home in Marion, IA?
The cheapest home for sale in Marion is priced at $10,259.

Living in Marion, IA

Marion, Iowa is a thriving community with a wonderful blend of suburban charm and urban convenience. It features an array of parks, vibrant events, and strong educational institutions that make it ideal for families. The city is well-connected to Cedar Rapids, enhancing its appeal as a serene yet accessible place to live.

Current Market Conditions in Marion, IA

The real estate market in Marion has shown positive trends as the demand for homes continues to rise. Home prices have been steadily increasing, driven by the city's growing popularity among families and young professionals seeking a quiet yet connected lifestyle.

In recent years, the construction of new residential developments has contributed to the housing inventory, making it easier for buyers to find homes that suit their needs. Overall, the market continues to demonstrate resilience and growth, with various options available across different price ranges.

Home Value Estimator For Marion, IA

There are currently 17,161 real estate properties in Marion, IA, with a median automated valuation model (AVM) price of $256,223.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Marion, IA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Marion, IA, is $296,790.00, with the most expensive house in Marion, IA, topping out at $20,777,897.00 and the cheapest home in Marion, IA, clocking in at $10,259.00. In other words, there’s something for every potential homebuyer or savvy investor in Marion, IA!

Rent Prices In Marion, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Marion, IA, is on a rollercoaster ride. The average rent price in Marion, IA, is $1,493.00. Indeed, when looking to rent in Marion, IA, you can expect to pay as little as $640.00 or as much as $2,460.00, with the average rent median estimated to be $1,460.00. The good news is that finding an affordable and desirable property to rent in Marion, IA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Marion, IA Foreclosures

Market Trend for Marion, IA

Total Listings Available: 162

Market Values:

Home Prices from $10,259 to $20,777,897

Average Sales Price: $296,790

Rental Values:

Rental from $640 to $2,460

Average Rent Value: $1,493 / month

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