Marion, IA Housing Market 2026: What Homes Actually Sell For
What homes actually sell for in Marion: a median closing price of $287,000 across 395 closings Resideline tracked over the last six months, plus the full price spread.
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 August 2026.
The snapshot
- •Closings tracked, last 6 months: 395
- •Median sold price, last 6 months: $287,000
- •Median sold $/sqft, last 6 months: $143
- •Middle half of sales closed between: $218,500 and $395,000
What the numbers say
Resideline tracked 395 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 $218,500 and $395,000. 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 393 closings with usable living area, the middle half sold between $125 and $172 per square foot.
Figures last updated August 22, 2026 from closings Resideline tracked.
Median home price in Marion, IA (August 2026)
The median home price in Marion is $287,000, measured across the 395 closed sales Resideline tracked over the last six months. The middle half of those sales closed between $218,500 and $395,000.
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, trimmed to the 5th through 95th percentile, with the middle half of sales closing between $218,500 and $395,000. Where your target property sits inside that spread matters more than the citywide median.
How long a sale takes here
- •Listed to under contract: a median of 13 days, across 330 Marion closings Resideline tracked in the last six months
- •Contract to closing: a median of 36 days, across 330 Marion closings Resideline tracked in the last six months
The Marion angle
From 395 closings Resideline tracked in Marion over the last six months, $287,000 is the median and $218,500 to $395,000 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.
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. As of August 2026, the public scoreboard showed 3.26% median error across 12,516+ graded closings. 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
Data updated: August 2026
Analysis period: last six months
Tracked closings: 395
Median sold price: $287,000
Median sold $/sqft: $143 (393 qualifying)
https://resideline.com/blog/marion-ia-housing-market
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 $287,000, measured across 395 closings Resideline tracked.
How many homes sold in Marion last month?
Resideline tracked 61 closed sales in Marion in July 2026, out of 395 closings tracked over the last six months. 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 $218,500 and $395,000, with a median of $287,000.
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 $143, measured across 393 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 $287,000 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.
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