Marion Township Housing Market Report February 2025•Linn County, Iowa

hero building illustration for mobile

Housing Prices in Marion Township, IA

How much do homes in Marion Township, IA cost?

Housing Market Conditions

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

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Marion Township is a Buyer's Market

Difference Since February 2024

At the same time last year, Marion Township was a Seller's Market.

Insight

Marion Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$280,000$137/SqFt
+$23,500
+9.2%

Based on all homes sold in the last 12 months

Insight

Homes in Marion Township have sold for 9.2% more than they did a year ago.

Summary: The median home sold price in Marion Township was $280,000 in February 2025, up 9.2% from last year, and the median price per square foot was $137.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Marion
+9.5%
Marion Township
+9.2%
Cedar Rapids
+5.8%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1$100K$106K
+6.0%
2$166.5K$168K
+0.9%
3$225K$250K
+11.1%
4$310K$330K
+6.5%
5$456K$485.8K
+6.5%

Summary: Marion Township housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +6.0%. The home price for 2 bedroom homes increased by +0.9%. The home price for 3 bedroom homes increased by +11.1%. The home price for 4 bedroom homes increased by +6.5%. The home price for 5 bedroom homes increased by +6.5%.

How does Marion Township, IA compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Marion Township, IA

Housing supply in Marion Township, IA

How many homes are available in Marion Township, IA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
167Last MonthFeb 2025
1622 months agoJan 2025
+3.1 %
Change MoMJan – Feb

Summary: The Marion Township real estate market had 167 homes for sale in Feb 2025, a 3.1 % increase compared to Jan 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
19Last MonthFeb 2025
292 months agoJan 2025
-34.5 %
Change MoMJan – Feb

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
100
0.0%
22830
+7.1%
37974
-6.3%
43138
+22.6%
52425
+4.2%

Summary: Marion Township housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +7.1%. The inventory for 3 bedroom homes decreased by -6.3%. The inventory for 4 bedroom homes increased by +22.6%. The inventory for 5 bedroom homes increased by +4.2%.

Asking Price vs. Sold Price

How much do homes in Marion Township, IA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price4 Homes

Under Asking Price15 Homes

Insight

If you're buying a home in Marion Township, you may be able to get a good deal. 78.9% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Marion Township in February 2025, down by 34.5% month-over-month. Of the 19 sold homes, 79% were sold under asking, 21% were sold at asking, and and 0% were sold over asking.

Days on Market for Marion Township, IA

How long does it take to sell a home in Marion Township, IA?

Breakdown of Home Sale Times

Under 30 Days5 Homes

30 – 90 Days7 Homes

Over 90 Days7 Homes

Insight

Avg time on Rocket Homes in Marion Township has remained consistent over time.

Summary: During February 2025, 19 homes were sold in Marion Township; 26% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 37% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
70 DaysThis YearFeb 2025
52 Days1 year agoFeb 2024
+35.6 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Marion Township had an average listing age of 70 days in Feb 2025, up by 35.6% compared to the previous year.

Connect With An Agent

Local real estate agents are ready to help you find a home here

Sell My Home

Sell your home with an expert or get the job done on your own.

Get Approved

Get a customizable mortgage solution based on today's rates.

Newest Listings in Marion Township, IA

What homes are available in Marion Township, IA?

See More Listings

Nearby markets

Popular Cities with Homes for Sale in Iowa

MLS Disclaimers and Copyright

Based on information from Cedar Rapids MLS, for the period 03/01/2023 - 03/01/2025

IDXProvided 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.
Copyright 2025 Cedar Rapids Area Association of REALTORS®. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 11:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.