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 October 2021

At the same time last year, Marathon was a Seller's Market.

Key Takeaway

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

How much do homes in Marathon, FL cost?

Median Sold Price

$1,275,000

$701/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$612,500(+92.5%)

Key Takeaway

Homes in Marathon have sold for 92.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $300K$169.5K
-43.5%
2 $485K$1.5M
+226.8%
3 $790K$895K
+13.3%
4 $1.8M$1.5M
-16.0%
5+ $1.9M$3.2M
+66.7%

How many homes are available in Marathon, FL?

Number of Homes For Sale

Sep 2022Oct 2022%
990.0%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 11
0.0%
2 33
0.0%
3 22
0.0%
4 22
0.0%
5+ 11
0.0%

Number of Homes Sold

Sep 2022Oct 2022%
01+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Marathon, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Average Sale Time

Oct 2021Oct 2022%
85 Days95 Days+11.8%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Marathon are taking a long time to sell, it's a good idea to negotiate on homes here.

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

About Marathon, FL

Marathon, FL has 9 homes on the market. The median list price of listings available in October 2022 was $1,275,000, while the average time on the real estate market was 95 days. From September 2022 through October 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties decreased by 43.5%, prices of 2 bedrooms properties increased by 226.8%, 3 bedrooms properties became 13.3% more expensive, prices of 4 bedrooms properties went down by 16%, prices of 5 bedrooms properties went up by 66.7%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes inventory did not change, 2 bedrooms homes did not move, 3 bedrooms homes inventory did not change, volume of 4 bedrooms homes stayed the same, the quantity of 5 bedrooms homes have not changed. Over 1 listings were sold over their listed price in October 2022 in Marathon, FL. In the same period over 0 listings were sold below the listed price and 0 listings were sold for the listed price.

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