Marion County, Iowa Housing Market
In Marion County, Iowa, the median home value is $233,000, with a median monthly rent of $884. This places Marion County at #1045 nationally out of 3134 counties by median home value, and #12 within Iowa.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,315
- Establishments: 1,015
- BLS QCEW, 2025
Housing Supply
- Single-family: 255
- Multi-family: 84
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 13,414 (avg $88,660)
- Outflow: 12,734 (avg $88,991)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 3 active ZIP codes in Marion County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 50138 | 218.5 | +8.80% | 2025 |
| 2 | 50225 | 236.6 | +2.11% | 2025 |
| 3 | 50214 | 200.9 | +14.90% | 2021 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
🔗 Explore Marion County on Our Sister Sites
Get the complete picture for Marion County — financing options and ongoing ownership costs.
💰 Mortgage Guide → 🧾 Property Tax Data →How Marion County Compares
| Metric | Marion County | Iowa Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $233,000 | $171,037 | $227,706 |
| Median Gross Rent | $884 | $832 | $968 |
| Owner Occupancy Rate | 77.7% | 75.8% | 73.3% |
| Price/Rent Ratio | 22.0 | 17.0 | 18.7 |
Market Analysis
The median home value in Marion County is 36.2% above the Iowa state average and 2.3% above the U.S. national average. The median rent of $884/month is 6.2% above the state average.
With a price-to-rent ratio of 22.0, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Marion County has an owner-occupancy rate of 77.7%, compared to 75.8% in Iowa and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Santa Cruz County | Arizona | $233,000 | $829 |
| Roane County | Tennessee | $232,900 | $785 |
| Bartholomew County | Indiana | $232,800 | $1,127 |
| Lincoln County | New Mexico | $233,200 | $956 |
| Page County | Virginia | $233,200 | $879 |
Other Counties in Iowa
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Lyon County | $230,000 | $843 | 80.9% |
| Plymouth County | $228,900 | $910 | 73.6% |
| Dubuque County | $237,300 | $959 | 73.3% |
| Mills County | $237,800 | $959 | 83.5% |
| Scott County | $222,000 | $1,005 | 70.0% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).