Marathon, FL—33050
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Marathon, FL
As of Oct '25, the median home price in Marathon, FL is $824,000, with a year-over-year change of -4.8%. This indicates that home prices in Marathon, FL are decreasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $824,000 | -4.8% |
| Single Family | $906,000 | -4.4% |
| Condos | $469,000 | -6.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $362,000 | -7.4% |
2 Bed | $659,000 | -6.7% |
3 Bed | $985,000 | -4.5% |
4 Bed | $1,730,000 | -1.3% |
| 5 Bed | $2,575,000 | 2.0% |
% of Housing Stock
Rental Trends — Marathon, FL
As of July '25, Rentcast reports the average rent in Marathon, FL is $4,340, with a year-over-year rent change of -8.8%. Per bedroom, the median rent as of July '25 in Marathon, FL is studios: $9,000, 1-bedrooms: $2,800, 2-bedrooms: $3,650, 3-bedrooms: $5,280. The most common rental property sizes in Marathon, FL are 2-bedroom and 1-bedroom, accounting for 36.5% and 28.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,500 | $4,340 |
| Studio Rent | $9,000 | $9,000 |
| 1 Bed Rent | $2,950 | $2,800 |
| 2 Bed Rent | $3,500 | $3,650 |
| 3 Bed Rent | $5,000 | $5,280 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Marathon, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Marathon, FL is 113. This is a increase of 31.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 13.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,150,000 | -13.0% |
Listing Count | 244 | 7.0% |
| Listings as % of Homes | 1.8% | 7.0% |
Days on Market | 113 | 31.0% |
Demographics — Marathon, FL
As of the latest ACS Survey released in 2023, Marathon, FL has a population of 10,600, which has increased by 12.2% over the past 5 years. Marathon, FL is a moderately popular place for families, as children make up 19.1% of the population. The area has a moderately educated workforce, with 34.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,600 | 12.2% |
% Under 18 | 19.1% | 29.1% |
% Seniors | 22.4% | -1.8% |
% WFH | 11.1% | 79.0% |
% w/ College Degree | 34.4% | 26.5% |
As of the latest ACS Survey released in 2023, Marathon, FL is a predominantly white area, with 61.2% of the population identifying as white. The white population has grown by 12.1% in the last 5 years. The second most common race or ethnicity in Marathon, FL is hispanic, making up 31.1% of the population. Foreign-born residents account for 23.9% of the population in Marathon, FL, and this percentage has decreased by 8.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 61.2% | 12.1% |
% Black | 4.3% | -41.9% |
% Hispanic | 31.1% | -15.7% |
% Asian | 0.6% | -33.3% |
% Foreign Born | 23.9% | -8.8% |
Mortgage and Risk — Marathon, FL
According to HUD data as of 2023, there were 154 mortgage originations in Marathon, FL, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Marathon, FL. Investor activity is low, as 9.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 154 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 9.0% |
% Second Loans | 29.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Marathon, FL
Marathon, FL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 212 |
Total Units Section 8 | 212 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 97.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$1,390 | $2,950 | $1,560 |
| 2 Bedroom | -$1,570 | $3,500 | $1,930 |
| 3 Bedroom | -$2,460 | $5,000 | $2,540 |
| 4 Bedroom | N/A | N/A | $3,090 |
Affordability — Marathon, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 10.3 |
| Median Home Price | $824,000 |
| Median Household Income | $83,200 |