$125,000
0.06 Acres
Land
Cynthia Kauffman, Listing Office: SOUTHERN ASSOCIATES REALTY LLC
Is East Marion, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, East Marion was a Seller's Market.
Key Takeaway
East Marion is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in East Marion, FL
How much do homes in East Marion, FL cost?
Median Sold Price
$180,000
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$32,000(+21.6%)
Key Takeaway
Homes in East Marion have sold for 21.6% more than they did a year ago.
Summary: The median home sold price in East Marion was $180,000 in November 2024, up 21.6% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $100K | $142.5K | +42.5% |
| 2 Bedrooms | $100K | $135K | +35.0% |
| 3 Bedrooms | $200K | $223K | +11.5% |
| 4 Bedrooms | $227K | $249K | +9.7% |
| 5+ Bedrooms | $357.5K | $335K | -6.3% |
Summary: East Marion housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 42.5%, 2 bedroom homes increased by 35%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes decreased by 6.3%.
Median Sold Price Compared To Nearby Cities
| East Marion | $148K | $180K | +21.6% |
| Fort Mc Coy | $168.5K | $201.5K | +19.6% |
| Ocklawaha | $238K | $243K | +2.1% |
| Silver Springs | $184K | $186K | +1.1% |
Housing Supply in East Marion, FL
How many homes are available in East Marion, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 81 | 89 | +9.9% |
Summary: The East Marion real estate market had 89 homes for sale in November 2024, a 9.9% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 12 | +9.1% |
| 2 Bedrooms | 22 | 24 | +9.1% |
| 3 Bedrooms | 37 | 42 | +13.5% |
| 4 Bedrooms | 8 | 10 | +25.0% |
| 5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The East Marion housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 9.1%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 13.5%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 7 | -53.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Marion, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in East Marion in November 2024, down by 53.3% month-over-month. Of the 7 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% were sold over asking.
Days on Market for East Marion, FL
How long does it take to sell a home in East Marion, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 45 Days | 31 Days | -30.2% |
Summary: Homes in East Marion had an average of 31 days on market in Nov 2024, down by 30.2% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in East Marion are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in East Marion; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.