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Foreclosure Homes in Marion, IA

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Marion, IA Foreclosures

Current Market Conditions in in Marion, IA As of February 2026?
Over the past month, Marion's real estate activity has seen a slight uptick in new listings, which is a positive trend for potential buyers. However, low inventory continues to challenge the market, keeping prices stable but high. There is a noticeable increase in interest rates affecting some buyers' willingness to engage in purchasing. Nonetheless, Marion remains an attractive location due to its quality schools and community spirit.
How much do homes sell for in Marion, IA?
The average home price is currently $296,070.
In Marion, IA, how many homes are available?
There are currently 158 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 $20,781,057.
What is currently the cheapest priced home in Marion, IA?
The cheapest home for sale in Marion is priced at $10,184.

Living in Marion, IA

Marion, IA is a thriving suburb of Cedar Rapids known for its excellent schools, numerous parks, and a close-knit community. With its convenient access to urban facilities and a friendly atmosphere, Marion is perfect for families and individuals looking for a suburban lifestyle.

Buyer vs Seller Market in Marion, IA

The real estate market in Marion has been experiencing steady growth, supported by the area’s strong school district and increasing job opportunities. Buyers are showing interest in various housing types, ranging from single-family homes to townhouses.

Interest rates have adjusted in recent months, providing both challenges and opportunities for buyers and sellers alike. The inventory level remains competitive, with well-priced homes receiving multiple offers, indicating a seller's market.

Home Value Estimator For Marion, IA

There are currently 17,160 real estate properties in Marion, IA, with a median automated valuation model (AVM) price of $255,589.00. 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 $296,070.00, with the most expensive house in Marion, IA, topping out at $20,781,057.00 and the cheapest home in Marion, IA, clocking in at $10,184.00. 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: 158

Market Values:

Home Prices from $10,184 to $20,781,057

Average Sales Price: $296,070

Rental Values:

Rental from $640 to $2,460

Average Rent Value: $1,493 / month

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