$2,613 Closing Credit*
$220,000
1,631 SqFt
2 Beds
•2 Full Baths, 1 Partial
Patricia Kilgore, Listing Office: ROBERTS REAL ESTATE INC
Is Marion Landing, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Marion Landing has remained a Buyer's Market.
Key Takeaway
Marion Landing is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Marion Landing, FL
How much do homes in Marion Landing, FL cost?
Median Sold Price
$240,000
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$7,250(-2.9%)
Key Takeaway
Homes in Marion Landing have sold for 2.9% less than they did a year ago.
Summary: The median home sold price in Marion Landing was $240,000 in October 2024, down 2.9% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $233K | $207.5K | -10.9% |
| 3 Bedrooms | $255K | $244.1K | -4.3% |
| 4 Bedrooms | $395.3K | $342.9K | -13.2% |
| 5+ Bedrooms | - | - | N/A |
Summary: Marion Landing housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10.9%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes decreased by 13.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Majestic Oaks | $320.2K | $335K | +4.6% |
| Marion Landing | $247.2K | $240K | -2.9% |
Housing Supply in Marion Landing, FL
How many homes are available in Marion Landing, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 53 | 46 | -13.2% |
Summary: The Marion Landing real estate market had 46 homes for sale in October 2024, a 13.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 8 | +60.0% |
| 3 Bedrooms | 48 | 38 | -20.8% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Marion Landing housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 60%, 3 bedroom homes decreased by 20.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 6 | -33.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Marion Landing, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Marion Landing in October 2024, down by 33.3% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Marion Landing, FL
How long does it take to sell a home in Marion Landing, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 39 Days | 90 Days | +130.8% |
Summary: Homes in Marion Landing had an average of 90 days on market in Oct 2024, up by 130.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Marion Landing are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 6 homes were sold in Marion Landing; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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