Is Marathon, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Marathon is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Marathon has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Marathon, FL

How much do homes in Marathon, FL cost?

Median Sold Price

$1,775,000

$1,224/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$972,500(+121.2%)

Key Takeaway

Homes in Marathon have sold for 121.2% more than they did a month ago.

Summary: The median home sold price in Marathon was $1,775,000 in November 2024, up 121.2% from last month, and the median price per square foot was $1,224.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $780K-
N/A
3 $825K$1.7M
+115.2%
4 --
N/A
5+ --
N/A

Summary: Marathon housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 115.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Marathon, FL

How many homes are available in Marathon, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4653+15.2%

Summary: The Marathon real estate market had 53 homes for sale in November 2024, a 15.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 1215
+25.0%
3 1820
+11.1%
4 1012
+20.0%
5+ 55
0.0%

Summary: The Marathon housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Marathon, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Marathon in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Marathon, FL

How long does it take to sell a home in Marathon, FL?

Average Sale Time

Oct 2024Nov 2024CHANGE
155 Days47 Days-69.8%

Summary: Homes in Marathon had an average of 47 days on market in Nov 2024, down by 69.8% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Marathon has remained consistent over time.

Summary: During November 2024, 1 homes were sold in Marathon; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Marathon, FL

Nearby Markets to Marathon, FL

What housing markets are near Marathon, FL?