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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Marion Oaks is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Marion Oaks was a Buyer's Market.

Key Takeaway

Marion Oaks is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Marion Oaks, FL

How much do homes in Marion Oaks, FL cost?

Median Sold Price

$306,000

$170/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$11,000(+3.7%)

Key Takeaway

Homes in Marion Oaks have sold for 3.7% more than they did a month ago.

Summary: The median home sold price in Marion Oaks was $306,000 in April 2024, up 3.7% from last month, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $295K$306K
+3.7%
5+ --
N/A

Summary: Marion Oaks housing prices by bedroom type for April 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 did not change, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes did not change.

Housing Supply in Marion Oaks, FL

How many homes are available in Marion Oaks, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
19190.0%

Summary: The Marion Oaks real estate market had 19 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 77
0.0%
4 1111
0.0%
5+ 00
0.0%

Summary: The Marion Oaks housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
16+500.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Marion Oaks, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Marion Oaks in April 2024, up by 500.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.

Days on Market for Marion Oaks, FL

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

Average Sale Time

Mar 2024Apr 2024CHANGE
61 Days75 Days+23.2%

Summary: Homes in Marion Oaks had an average of 75 days on market in Apr 2024, up by 23.2% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

4 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 Marion Oaks has remained consistent over time.

Summary: During April 2024, 6 homes were sold in Marion Oaks; 17% of homes were sold within 30 days, 67% 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 2 Days Ago

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