Is East Marion, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Marion is a buyer's market

Buyer's
Market

Difference Since September 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

$175,000

$136/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$25,000(+16.7%)

Key Takeaway

Homes in East Marion have sold for 16.7% more than they did a year ago.

Summary: The median home sold price in East Marion was $175,000 in September 2024, up 16.7% from last year, and the median price per square foot was $136.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $90K$135K
+50.0%
2 $100K$129.5K
+29.5%
3 $210K$219.9K
+4.7%
4 $230K$227K
-1.3%
5+ $400K$290K
-27.5%

Summary: East Marion housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 29.5%, 3 bedroom homes increased by 4.7%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes decreased by 27.5%.

Median Sold Price Compared To Nearby Cities

East Marion
+16.7%
Fort Mc Coy
+13.2%
Fort McCoy-Anthony
+8.0%
Ocklawaha
0.2%
Silver Springs
-5.2%

Housing Supply in East Marion, FL

How many homes are available in East Marion, FL?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
6769+3.0%

Summary: The East Marion real estate market had 69 homes for sale in September 2024, a 3.0% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 34
+33.3%
2 1621
+31.3%
3 3329
-12.1%
4 1110
-9.1%
5+ 45
+25.0%

Summary: The East Marion housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 31.3%, 3 bedroom homes decreased by 12.1%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
86-25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Marion, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 6 homes were sold or pending in East Marion in September 2024, down by 25.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 67% 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

Sep 2023Sep 2024CHANGE
38 Days79 Days+104.7%

Summary: Homes in East Marion had an average of 79 days on market in Sep 2024, up by 104.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in East Marion has remained consistent over time.

Summary: During September 2024, 6 homes were sold in East Marion; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% 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 30 Days Ago

Newest Listings in East Marion, FL

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