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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Marianna is a neutral's market

Buyer's
Market

Difference Since November 2023

Since last year, Marianna has remained a Neutral Market.

Key Takeaway

Marianna is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Marianna, FL

How much do homes in Marianna, FL cost?

Median Sold Price

$220,000

$131/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$15,875(-6.7%)

Key Takeaway

Homes in Marianna have sold for 6.7% less than they did a year ago.

Summary: The median home sold price in Marianna was $220,000 in November 2024, down 6.7% from last year, and the median price per square foot was $131.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $242K$44K
-81.8%
2 $115K$106.5K
-7.4%
3 $219K$210K
-4.1%
4 $287K$307.5K
+7.1%
5+ $309.4K$319.5K
+3.2%

Summary: Marianna housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 81.8%, 2 bedroom homes decreased by 7.4%, 3 bedroom homes decreased by 4.1%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 3.2%.

Housing Supply in Marianna, FL

How many homes are available in Marianna, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8482-2.4%

Summary: The Marianna real estate market had 82 homes for sale in November 2024, a 2.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 76
-14.3%
3 4647
+2.2%
4 2825
-10.7%
5+ 34
+33.3%

Summary: The Marianna 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 decreased by 14.3%, 3 bedroom homes increased by 2.2%, 4 bedroom homes decreased by 10.7%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
813+62.5%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Marianna, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Marianna in November 2024, up by 62.5% month-over-month. Of the 13 sold homes, 54% were sold under asking, 31% were sold at asking, and 15% were sold over asking.

Days on Market for Marianna, FL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
110 Days125 Days+13.9%

Summary: Homes in Marianna had an average of 125 days on market in Nov 2024, up by 13.9% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Marianna are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 13 homes were sold in Marianna; 38% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 38% 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 21 Days Ago

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