Is Marathon, FL 33050 a buyer’s or seller’s market?
Marathon is a buyer’s market. With about 8.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 2% of U.S. ZIP codes, and #711 of 796 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Marathon housing market right now
In the three months ending August 31, 2026, 6% of homes in Marathon, FL 33050 sold above their list price, the typical home went under contract in 172 days and there were 8.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 84 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (7% then), homes sold more slowly (141 days then) and the median sale price fell 5% to $1,039,550. Overall, Marathon is less competitive than a year ago, which gives buyers more room.
Within Monroe County, homes here sell more slowly than in 62% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county. On our competition score, Marathon ranks #711 of 796 FL ZIP codes with enough sales (score 6 out of 100).
Nearby, buyers who want less competition could look at Key Colony Beach 33051 (0% sold over asking) or Big Pine Key 33043 (0% sold over asking).
Run the numbers for 33050
Nearby markets
Big Pine Key 33043Buyer’s market $651 /sq ftIslamorada 33036Buyer’s market $728 /sq ftKey Colony Beach 33051Seller’s market $663 /sq ftKey Largo 33037Buyer’s market $582 /sq ft Browse all markets →Towns like Marathon nearby
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Questions about Marathon real estate
Is Marathon a buyer’s or seller’s market?
A buyer’s market: there were 8.4 months of supply in Marathon, FL 33050 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Marathon?
The typical home went under contract in 172 days in the latest three months.
Do homes in Marathon sell over asking?
6% of homes sold above their original list price, and the typical sale closed at 95.6% of the list price.
What are property taxes in Marathon?
About 0.53% of a home’s value a year in Monroe County, or roughly $2,120 on a $400,000 home.
What is the median home price in Marathon?
The median sale price was $1,039,550 in the three months ending August 31, 2026, about $686 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology