Marion, IA Real Estate

According to census data in the year 2000 there were 10,977 housing units in Marion. This represents a 37.2% growth from 7,998 in 1990.

Of those housing units, 10,785 were located in either urbanized areas or urban clusters, and 192 were located in what is classified as a rural area.

Homeownership rate in Marion is about 78.1%. Marion's vacancy rate, including seasonal lodging, is about 4.7%. Average household size is 2.49 people.

The majority of houses, apartments or condos in Marion were built after 1973.


Housing Size

Housing Units by Size
Studio Type0.90%
One Bedroom10.90%
Two Bedrooms23.30%
Three Bedrooms50%
Four Bedrooms13.40%
Five Bedrooms or more1.50%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.7
Median year structure was built1973
Median Value of occupied units$105,200
Median Price asked for vacant units$156,300

Rented Homes, Apartments and Condos

Average Household Size1.73
Median year structure was built1973
Median Monthly Rent asked for vacant units$346

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage9.10%
Home Equity Loan9.80%
Simple Mortgage53.30%
Debt Free27.40%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17.3%