Is East Marion, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, East Marion was a Seller's Market.
Housing Prices in East Marion, FL
How much do homes in East Marion, FL cost?
Median Sold Price
$165,000
$131/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in East Marion was $165,000 in April 2024, down 6.3% from last year, and the median price per square foot was $131.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $96.9K | $102K | +5.3% |
2 Bedrooms | $125K | $113K | -9.6% |
3 Bedrooms | $220K | $200K | -9.1% |
4 Bedrooms | $235K | $231.5K | -1.5% |
5+ Bedrooms | $450K | $347.5K | -22.8% |
Summary: East Marion housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.3%, 2 bedroom homes decreased by 9.6%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes decreased by 22.8%.
Median Sold Price Compared To Nearby Cities
Fort Mc Coy | $166.5K | $182.5K | +9.6% |
Ocklawaha | $245K | $239K | -2.4% |
East Marion | $176K | $165K | -6.3% |
Fort McCoy-Anthony | $250K | $206K | -17.6% |
Silver Springs | $254.9K | $169.9K | -33.4% |
Housing Supply in East Marion, FL
How many homes are available in East Marion, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
144 | 141 | -2.1% |
Summary: The East Marion real estate market had 141 homes for sale in April 2024, a 2.1% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 6 | -14.3% |
2 Bedrooms | 35 | 36 | +2.9% |
3 Bedrooms | 80 | 74 | -7.5% |
4 Bedrooms | 18 | 20 | +11.1% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The East Marion housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes increased by 2.9%, 3 bedroom homes decreased by 7.5%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
25 | 22 | -12.0% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 22 homes were sold or pending in East Marion in April 2024, down by 12.0% month-over-month. Of the 22 sold homes, 73% were sold under asking, 23% were sold at asking, and 5% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
48 Days | 82 Days | +70.7% |
Summary: Homes in East Marion had an average of 82 days on market in Apr 2024, up by 70.7% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During April 2024, 22 homes were sold in East Marion; 50% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.