Is Marion County, IA a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Marion County is a seller'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



Based on all homes sold in the last 12 months.

Difference Since May 2022


Key Takeaway

Homes in Marion County have sold for 9.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2022May 2023%
1 $94.9K$95.5K
2 $135.5K$149K
3 $220.9K$225.5K
4 $267.4K$302.2K
5+ $417.5K$413.5K

Median Sold Price Compared To Nearby Counties

Marion County
Jasper County
Warren County
Mahaska County

How many homes are available in Marion County, IA?

Number of Homes For Sale

Apr 2023May 2023%

Homes For Sale By Bedroom Count

# BEDSApr 2023May 2023%
1 11
2 2819
3 6759
4 2834
5+ 159

Number of Homes Sold

Apr 2023May 2023%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

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 2022May 2023%
22 Days24 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Marion County are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

What housing markets are near Marion County, IA?

About Marion County, IA

Homes for sale in Marion County, IA have reached 122. The number of listings in Marion County, IA decreased by 12.2% between April 2023 and May 2023. Listings spent 24 days on the market in May 2023, and had a median list price of $240,000 during the same period. Listing prices have changed in this real estate market between April 2023 and May 2023: the cost of 1 bedroom properties went up by 0.6%, 2 bedrooms properties became 10% more expensive, prices of 3 bedrooms properties increased by 2.1%, prices of 4 bedrooms properties increased by 13%, 5 bedrooms properties prices decreased by 1%. Volume of homes for sale changed: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes inventory decreased by 32.1%, 3 bedrooms homes inventory decreased by 11.9%, the quantity of 4 bedrooms homes went up by 21.4%, volume of 5 bedrooms homes went down by 40%. Over 7 listings were sold over their listed price in May 2023 in Marion County, IA. In the same period over 20 listings were sold below the listed price and 10 listings were sold for the listed price.