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Bankruptcy Homes in Marathon, FL

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Marathon, FL Foreclosures

How much do homes sell for in Marathon, FL?
The average home price is currently $1,074,586.
In Marathon, FL, how many homes are available?
There are currently 11 active home listings available in Marathon.
What’s the average rental cost in Marathon, FL?
The average rental price in Marathon is $2,629.
What is the most expensive home in Marathon?
The most expensive home sold in Marathon had a price of $47,802,868.
What is currently the cheapest priced home in Marathon, FL?
The cheapest home for sale in Marathon is priced at $32,761.

Living in Marathon, FL

Marathon, Florida, offers a unique island lifestyle filled with beautiful beaches, recreational activities, and a vibrant community. Known for its water sports and marine attractions, this city is an ideal spot for families and retirees alike. Enjoy a mix of laid-back island living and access to amenities in this friendly coastal town.

Current Market Conditions in Marathon, FL

The real estate market in Marathon has remained robust, with a steady demand for waterfront properties reflecting the area's appeal as a desirable destination. There has been an increase in both home sales and rental activity, driven by both local and seasonal residents looking to invest in the stunning Florida Keys.

Currently, the market is competitive, particularly for properties near the water. Many listings receive multiple offers, leading to quick sales and some homes selling above the asking price. Prices have seen a gradual rise, suggesting a strong appreciation trend, especially in the higher-end segment of the market.

Home Value Estimator For Marathon, FL

There are currently 5,833 real estate properties in Marathon, FL, with a median automated valuation model (AVM) price of $743,751.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Marathon, FL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Marathon, FL, is $1,074,586.00, with the most expensive house in Marathon, FL, topping out at $47,802,868.00 and the cheapest home in Marathon, FL, clocking in at $32,761.00. In other words, there’s something for every potential homebuyer or savvy investor in Marathon, FL!

Rent Prices In Marathon, FL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Marathon, FL, is on a rollercoaster ride. The average rent price in Marathon, FL, is $2,629.00. Indeed, when looking to rent in Marathon, FL, you can expect to pay as little as $1,020.00 or as much as $4,620.00, with the average rent median estimated to be $2,490.00. The good news is that finding an affordable and desirable property to rent in Marathon, FL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Marathon, FL Bankruptcy Homes


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