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Cheap Homes in Marion, IA 52302

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Marion, IA Foreclosures

How much do homes sell for in Marion, IA?
The average home price is currently $286,639.
In Marion, IA, how many homes are available?
There are currently 3 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 $20,600,272.
What is currently the cheapest priced home in Marion, IA?
The cheapest home for sale in Marion is priced at $13,692.

Living in Marion, IA

Marion, Iowa, combines small-town charm with urban amenities, making it a desirable place to live. With excellent schools, numerous parks, and a strong sense of community, residents enjoy a high quality of life in this thriving area. The city is conveniently located, offering easy access to larger metropolitan areas while maintaining a peaceful suburban ambiance.

Current Market Conditions in Marion, IA

The Marion real estate market has shown a steady increase in demand over the past year, driven by the area's popularity among families and young professionals. Homes in Marion are being snapped up quickly, often within days of being listed and frequently at or above asking price as buyers compete for the limited inventory.

Recent trends indicate a significant shift in buyer preferences towards single-family homes with ample outdoor space, and the market is responding with a growing number of listings that cater to these needs. As more people look to Marion as a place to live out their dream of homeownership, the real estate market remains competitive.

Home Value Estimator For Marion, IA

There are currently 16,693 real estate properties in Marion, IA, with a median automated valuation model (AVM) price of $252,915.00. 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 $286,639.00, with the most expensive house in Marion, IA, topping out at $20,600,272.00 and the cheapest home in Marion, IA, clocking in at $13,692.00. 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.

Cheap Homes in Marion, IA 52302

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