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Market Watch
August 21, 2026· Updated October 3, 2026
4 min read

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

What homes actually sell for in Marion: a median closing price of $281,500 across 402 closings Resideline tracked over the last six months, plus the full price spread and a ZIP-level breakdown.

Resideline Team
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 October 2026.

The snapshot

  • •Closings tracked, last 6 months: 402
  • •Median sold price, last 6 months: $281,500
  • •Median sold $/sqft, last 6 months: $145
  • •Middle half of sales closed between: $215,000 and $396,000

What the numbers say

Resideline tracked 402 closed sales in Marion over the last six months, with a median closing price of $281,500. 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 $215,000 and $396,000. 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 400 closings with usable living area, the middle half sold between $125 and $171 per square foot.

Figures last updated October 3, 2026 from closings Resideline tracked.

Median home price in Marion, IA (October 2026)

The median home price in Marion is $281,500, measured across the 402 closed sales Resideline tracked over the last six months. The middle half of those sales closed between $215,000 and $396,000.

Where Marion sale prices land

What homes actually sell for in Marion
Closed sale prices over the last six months. Middle half of sales: $215k to $396k
Tap to enlarge
$135k to $194k: 59 sales$135k$194k to $253k: 83 sales83sales$253k to $311k: 71 sales$253k$311k to $370k: 49 sales$370k to $429k: 44 sales$370k$429k to $488k: 29 sales$488k to $546k: 11 sales$488k$546k to $605k: 15 salesMedian $282k

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 $215,000 and $396,000. Among the 24 Iowa markets with a published band, Marion's middle-half spread ($215,000 to $396,000) 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 67th percentile of the 2,230 US markets in Resideline's national Market Watch set, on data as of October 3, 2026.

Median sold price per square foot
Marion monthly medians for the complete months inside the last six months, May 2026 to Sep 2026, among qualifying closings with usable living area. 5 months plotted.
Tap to enlarge
May 2026: $143 per square foot across 58 sales$143MayJun 2026: $136 per square foot across 92 sales$136JunJul 2026: $149 per square foot across 64 sales$149JulAug 2026: $149 per square foot across 83 sales$149AugSep 2026: $148 per square foot across 57 sales$148Sep

How long a sale takes here

  • •Listed to under contract: a median of 7 days, across 314 Marion closings Resideline tracked in the last six months
  • •Contract to closing: a median of 35 days, across 314 Marion closings Resideline tracked in the last six months
Both are measured from the closings themselves, not from listing inventory. Each sale is timed using its own listing and contract dates. That is why these counts are smaller than the 402 closings above: a sale is counted here only when we hold both of its dates.

Marion prices by property type

Among the Marion closings with usable living area over the last six months, single-family houses closed at a median of $151 per square foot (300 sales) and condos at $125 (93 sales).

The Marion angle

From 402 closings Resideline tracked in Marion over the last six months, $281,500 is the median and $215,000 to $396,000 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.

Marion market data by ZIP code

Citywide medians hide block-by-block variation. Resideline publishes free, regularly refreshed market snapshots for Marion ZIP codes: 52302.

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, rehab cost estimator, BRRRR 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:

code
Source: Resideline Market Watch
Market: Marion, IA
Geography: incorporated municipality, Census place 1949485
Data updated: October 2026
Analysis period: last six months
Tracked closings: 402
Median sold price: $281,500
Median sold $/sqft: $145 (400 qualifying)
https://resideline.com/blog/marion-ia-housing-market

Writing about this market? Paste this into your post:

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<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.

Frequently Asked Questions

What is the median home price in Marion?

The median sold price in Marion over the last 6 months is $281,500, measured across 402 closings Resideline tracked.

How many homes sold in Marion last month?

Resideline has tracked 57 closed sales in Marion in September 2026 so far, out of 402 closings tracked over the last six months. The most recent month keeps filling in for several weeks as closings are recorded, so this count will rise. These are tracked samples of market activity, not official county totals.

What is the typical sale price range in Marion?

The middle half of Marion sales over the last six months closed between $215,000 and $396,000, with a median of $281,500.

What is the typical price per square foot in Marion?

Among qualifying Marion closings Resideline tracked over the last six months, the median sold price per square foot was $145, measured across 400 sales with usable living area. Median is used rather than average because outliers distort the mean.

How much weight should Marion's median closed sale price carry in an offer?

Enough to frame the conversation, not enough to end it. The middle half of closings spans a range close to typical for the markets we track, so $281,500 tells you roughly where the city sits without telling you where your property sits inside it. Pull closed comps matched on size and condition and let those set the number.

What could a property in Marion be worth?

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