Photo: Sharon Hahn Darlin · CC BY 2.0260 homes sold in Marathon in the last year, at a typical $922K
About one sale in 4 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Marathon homes are listed.
Every place Marathon homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Marathon.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
20% of Marathon’s sales are condos, at $670K less than a house
182 houses and 52 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 182 sold in 12 months
- Per square foot
- $782FL $245
- Days to sell
- 130
- Sold over asking
- 8%
- Listings with a price cut
- 22%
typical sale · 52 sold in 12 months
- Per square foot
- $519FL $262
- Days to sell
- 165
- Sold over asking
- 0%
- Listings with a price cut
- 19%
Multi-family (2–4 units): 10 sold, typical $842K
Townhouses: 16 sold, typical $829K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at twice the 2016 price
260 sales in the last year, against 445 in 2021 and a low of 204 in 2024. The typical sale went from $484K in 2016 to $922K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $900K buys in Marathon
Check a listing against what Marathon homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Marathon are back to pre-pandemic levels, and more homes are for sale
We read every month of Marathon’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 260 sales.
If you’re buying in Marathon
- Shop in February. It brings about 38 new listings a month, close to the busiest month, with fewer bidding wars (5% over asking).
- Offer under asking. Buyers paid 93.8% of the list price on average; 7% paid over.
- You’ll usually have time. Only 14% of homes go under contract within two weeks; the typical one takes 145 days.
Winter brings the homes; summer brings the bidding wars
February has the most new listings (about 38 a month), but June is the most competitive: 12% of June sales close over asking. February has the least competition (5%).
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and about like Florida as a whole
| Marathon now | 2017–19 | 2021 peak | FL now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 7% | 7% | 15% | 10% |
| Gone within two weeksShare of homes under contract within 14 days | 14% | 5% | 15% | 20% |
| Listings with a price cutShare of homes for sale that cut their price | 22% | — | 9% | 28% |
| Price paid vs. askingAverage sale price ÷ list price | 93.8% | 94.8% | 97% | 96.3% |
| Days to sellMedian days from listing to contract | 145 | 201 | 93 | 76 |
201 homes for sale on a typical day
That’s twice the 2022 low (98) and 32% more than in 2017–19.
1 in 5 listings has cut its price
22% in the last year, against — in 2017–19 and 28% across Florida.
Since 2019, houses are up 102%, condos 82%
A house typically sold for $1.2M in the last year (182 sales), a condo for $532K (52).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Marathon ranks 357th of 534 busy Florida markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Marathon is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Marathon home costs about $5,233 a month
Price: Marathon’s typical sale, last 12 months. Property tax at Marathon’s 0.6% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Marathon is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in February
The month with the most choice. September has the fewest, about 23.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $922K home, about $5,080 a year.
Taxes vs. neighborsSchools
The schools grade for Marathon, from test results, graduation and how much students grow.
Schools in MarathonTypical commute
The average one-way trip to work for people who live in Marathon.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Big Pine Key sells for less a square foot
The busier markets within 25 miles of Marathon, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Marathon | 260 | $922K | $676 | 7% | 145 |
| Big Pine Key | 107 | $779K | $635 | 5% | 129 |
| Key Colony Beach | 88 | $952K | $715 | 2% | 131 |
| Duck Key | 44 | $1.1M | $696 | 0% | 232 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Marathon, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Marathon. People who follow the town see it, and so do people comparing Marathon with their own town. No commission, no listing fee.
Questions about buying a home in Marathon
What do homes sell for in Marathon, FL?
260 homes sold in the year to May 2026 at a typical $922K, $676 a square foot. Houses sold for about $1.2M, condos for about $532K.
Is Marathon a buyer’s or seller’s market?
A balanced market: 177 homes were for sale in May 2026 and 33 sold, about 5.4 months of supply. Buyers paid 93.8% of asking on average, and 22% of listings cut their price.
When is the best time to buy in Marathon?
February brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Marathon?
About 0.6% of a home’s value a year. On a $922K home that’s near $5,080.
Where can I see homes for sale in Marathon?
Zillow, Redfin, Realtor.com and Homes.com all carry Marathon’s MLS listings; the search links above open each one filtered to Marathon.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).