Is Marion County, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2022
Since last year, Marion County has remained a Seller's Market.
Key Takeaway
Marion County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Marion County, IA cost?
Median Sold Price
$240,000
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2022
+$20,833(+9.5%)
Key Takeaway
Homes in Marion County have sold for 9.5% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | May 2022 | May 2023 | % |
|---|---|---|---|
| 1 Bedroom | $94.9K | $95.5K | +0.6% |
| 2 Bedrooms | $135.5K | $149K | +10.0% |
| 3 Bedrooms | $220.9K | $225.5K | +2.1% |
| 4 Bedrooms | $267.4K | $302.2K | +13.0% |
| 5+ Bedrooms | $417.5K | $413.5K | -1.0% |
Median Sold Price Compared To Nearby Counties
| Marion County | $219.1K | $240K | +9.5% |
| Jasper County | $155.9K | $169.9K | +9.0% |
| Warren County | $274.5K | $286K | +4.2% |
| Mahaska County | $140K | $139.9K | -0.1% |
How many homes are available in Marion County, IA?
Number of Homes For Sale
| Apr 2023 | May 2023 | % |
|---|---|---|
| 139 | 122 | -12.2% |
Homes For Sale By Bedroom Count
| # BEDS | Apr 2023 | May 2023 | % |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 28 | 19 | -32.1% |
| 3 Bedrooms | 67 | 59 | -11.9% |
| 4 Bedrooms | 28 | 34 | +21.4% |
| 5+ Bedrooms | 15 | 9 | -40.0% |
Number of Homes Sold
| Apr 2023 | May 2023 | % |
|---|---|---|
| 36 | 37 | +2.8% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Marion County, you may be able to get a good deal. 54.1% of homes here sold below asking price last month.
How long does it take to sell a home in Marion County, IA?
How long does it take to sell a home in Marion County, IA?
Average Sale Time
| May 2022 | May 2023 | % |
|---|---|---|
| 22 Days | 24 Days | +7.7% |
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Marion County are selling fast, if you're buying plan to act quickly.
Provided Courtesy Of Cedar Rapids Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Is Believed To Be Accurate But Not Guaranteed.