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Preforeclosure 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 $280,697.
In Marion, IA, how many homes are available?
There are currently 19 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 $4,149,503.
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, located just four miles northeast of Cedar Rapids, is a thriving community that offers a perfect blend of urban amenities and small-town charm. You will find friendly neighborhoods, beautiful parks, and excellent schools here. The city's strategic location provides easy access to major highways and the nearby Cedar Rapids for additional entertainment and services.

Current Market Conditions in Marion, IA

The real estate market in Marion has been increasingly competitive, driven by strong demand from families and professionals seeking a balance of affordability and quality living. With a growing population and stable job market, home prices have seen steady appreciation in recent years, indicating a healthy and active market.

Inventory levels have conversely shown a decline, making it imperative for buyers to act quickly when they find a suitable property, as houses are often sold within days of being listed. Sellers are benefitting from multiple offers, which is pushing sale prices above original listings.

Home Value Estimator For Marion, IA

There are currently 16,669 real estate properties in Marion, IA, with a median automated valuation model (AVM) price of $247,908.00. 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 $280,697.00, with the most expensive house in Marion, IA, topping out at $4,149,503.00 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.

Marion, IA Preforeclosure Homes


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