Foreclosure Homes in Marion, IA 52302

Current Market Conditions in Marion, IA

The real estate market in Marion has shown steady growth over the past year, with homes maintaining their value amidst increasing demand. The suburb's appeal for new families and retirees has led to a competitive housing market, with many homes selling quickly. Additionally, the median home price has increased due to the limited inventory and strong interest in suburban living.

In the last month, the number of homes sold in Marion has seen a slight uptick, suggesting a positive shift for sellers. Home prices continue to trend upwards, but the pace of sales is stabilizing, indicating a potential market balance as more listings come onto the market.

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.