Marion Real Estate & Homes for Sale in Marion Iowa



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Homes for Sale in Marion

Marion Real Estate in Iowa

Marion IA: Deep in the heart of eastern Iowa lies the growing community of Marion, which shares its northeastern boundary with Cedar Rapids and its eastern boundary with Robins. Marion real estate offers many affordable homes for sale, new houses, golf property and estates. Centrally located just a few hours from Chicago, St. Louis, Kansas City, Omaha, Minneapolis and Milwaukee, Marion is a thriving and diverse city. Industry, a vibrant retail business and two award-winning school districts all find a home within the city’s borders. Marion embraces its rich heritage while enjoying a dynamic present and welcoming a bright future.

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Marion IA Real Estate Info - Prices of Marion Houses for Sale

Home Prices
Marion offers residential housing options in with lovely historic homes and a variety of other real estate options on the market. Homes in Marion neighborhoods such as Fox Trail, Stoney Point, Willow Ridge and Arbor Woods are listed around $100,000 and $300,000. Hunters Ridge is lovely residential golf community where you can find houses with golf course views. Single family homes start under $100,000 and can range over $1 million for large estate properties. Current home values in Marion Iowa are averaging around $130,000. While substantial growth occurred before 2008 for new home construction, a variety of housing options are still available for the current housing market including townhouses and condominiums. Condos and townhouses range from $100,000 - $250,000 for those seeking a more affordable property. With plenty of land available for buyers wanting to build custom homes, land prices range from $80,000 to over $1 million for commercial land purchase. Residential land is priced more affordably.

Marion Living
The original town center is oriented around Marion Square Park and is a place of special importance to the city’s approximately 27,000 residents. Many unique and architecturally significant turn-of the-century buildings are located within the square and have been restored. Several of these well-preserved brick-front buildings are now used for specialty retailing and services - especially antiques. The heralded Marion Arts Festival is held in Marion Square Park and is one of the Midwest’s finest showings of regional artists. The Marion Park and Recreation Department maintains 16 city parks, a community center, Willowood Pool and the Boyson Hiking-Biking Trail.

View Current Rates
-- Apr 24th, 2014 --
 30 yr. fixed rate: 4.28%
 15 yr. fixed rate: 3.30%
 30 yr. jumbo rate: 4.68%
 15 yr. jumbo rate: 4.13%
Average Prices of 3 Bed Homes
-- Apr 24th, 2014 --
 2 Years Ago  $181,000
 1 Year Ago  $169,000
 6 Months Ago   $169,000
 1 Month Ago  $165,000
 Today  $173,000

Marion Real Estate Stats and Trends for the week of April 21st, 2014: homes priced around $174,379 compared to $168,409 the previous week, showing a increase of more than +3%.  For Thursday, April 24th, the current national mortgage rate for a 30 year fixed mortgage is 4.28%; the 15 year fixed rate is at 3.30%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.68%, while the 15 year jumbo rate currently is at 4.13%. You can calculate your mortgage rate with our mortgage calculators.  Get local info and homes for sale in Marion IA. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Marion to help you find the best home!