Marion, IA Housing Market 2026: What Homes Actually Sell For

If you invest in or around Marion, the number that matters is what homes actually close for, not what sellers are asking. Here is what Marion sale prices look like right now, built from the closings Resideline tracked over the last six months, as of September 2026.

The snapshot

• •Closings tracked, last 6 months: 396
• •Median sold price, last 6 months: $287,000
• •Median sold $/sqft, last 6 months: $145
• •Middle half of sales closed between: $218,000 and $397,500

What the numbers say

Resideline tracked 396 closed sales in Marion over the last six months, with a median closing price of $287,000. That median is the midpoint of what buyers actually paid, not what sellers hoped to get, which is why it moves differently from the asking prices you see on listing sites. The middle half of those sales closed between $218,000 and $397,500. That spread matters more than the headline median: where a specific property sits inside it decides whether the citywide number helps you or misleads you. These are the closings Resideline tracks and may differ from complete county or municipal records. Across the 394 closings with usable living area, the middle half sold between $126 and $172 per square foot.

Figures last updated September 6, 2026 from closings Resideline tracked.

Median home price in Marion, IA (September 2026)

The median home price in Marion is $287,000, measured across the 396 closed sales Resideline tracked over the last six months. The middle half of those sales closed between $218,000 and $397,500.

Where Marion sale prices land

Medians hide the shape of a market. The distribution above covers the closed sales Resideline tracked in Marion over the last six months that carry a usable sale date, trimmed to the 5th through 95th percentile, with the middle half of sales closing between $218,000 and $397,500. Among the 24 Iowa markets with a published band, Marion's middle-half spread ($218,000 to $397,500) ranks 15th from the narrowest. Where your target property sits inside that spread matters more than the citywide median. Measured as the ratio of the upper to the lower quartile, its middle-half spread ranks in the 65th percentile of the 2,187 US markets in Resideline's national Market Watch set, on data as of September 4, 2026.

How long a sale takes here

• •Listed to under contract: a median of 11 days, across 325 Marion closings Resideline tracked in the last six months
• •Contract to closing: a median of 35 days, across 325 Marion closings Resideline tracked in the last six months

Marion Real Estate Market Trends in 2026

Among the Marion closings with usable living area over the last six months, single-family houses closed at a median of $150 per square foot (301 sales) and condos at $125 (84 sales).

The Marion angle

From 396 closings Resideline tracked in Marion over the last six months, $287,000 is the median and $218,000 to $397,500 covers the middle half. The width of that band is close to typical for the markets we track, which puts the city in the awkward middle: the median is worth knowing but will not settle a valuation by itself. More of the middle range sits above the median than below it, so a strong subject has more headroom than a weak one has downside.

From market read to offer price

A market read is the backdrop. The decision still comes down to one property and one number: what it is actually worth and what you should pay. Every Resideline report opens with this same market snapshot for the subject's exact ZIP code, then gives you the property's value, the sold comps behind it, and a market rent estimate. Pricing a specific deal? The free ARV calculator and rental property calculator run the numbers in about a minute.

And we show our work. Every estimate is frozen while the home is for sale and graded against the real closing price after it sells. See the live accuracy dashboard for the receipts, or read how the Area Market Snapshot works.

Run any Marion address through Resideline and you will see the local market and the property's value together, in one report.

Cite this

Using these numbers? Please cite the source and the sample size:

Source: Resideline Market Watch
Market: Marion, IA
Geography: incorporated municipality, Census place 1949485
Data updated: September 2026
Analysis period: last six months
Tracked closings: 396
Median sold price: $287,000
Median sold $/sqft: $145 (394 qualifying)
https://resideline.com/blog/marion-ia-housing-market

Writing about this market? Paste this into your post:

<a href="https://resideline.com/blog/marion-ia-housing-market">
  <img src="https://resideline.com/images/embed/marion-ia.png" alt="Marion, IA home sale price distribution, last six months" width="1000" style="max-width:100%;height:auto">
</a>
<p>Source: <a href="https://resideline.com/blog/marion-ia-housing-market">Resideline Market Watch</a></p>

The local market statistics in this report are calculated from closed sales tracked by Resideline. Transaction coverage may differ from complete county or municipal records.

Every local market figure on this page is computed from closed sales Resideline tracked in Marion over the last six months, and is refreshed when the data is.