Is Marathon, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Marathon is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Marathon has remained a Seller's Market.

Key Takeaway

Marathon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Marathon, NY

How much do homes in Marathon, NY cost?

Median Sold Price

$184,975

$91/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$25(0%)

Key Takeaway

The sold price of homes in Marathon has remained the same since last month.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $192.4K-
N/A
3 -$169.9K
N/A
4 -$200K
N/A
5+ $165K-
N/A

Summary: Marathon housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Marathon, NY

How many homes are available in Marathon, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
89+12.5%

Summary: The Marathon real estate market had 9 homes for sale in April 2024, a 12.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 20
-100.0%
3 35
+66.7%
4 23
+50.0%
5+ 11
0.0%

Summary: The Marathon housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 66.7%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Marathon, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Marathon in April 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Marathon, NY

How long does it take to sell a home in Marathon, NY?

Average Sale Time

Mar 2024Apr 2024CHANGE
29 Days29 Days0.0%

Summary: Homes in Marathon had an average of 29 days on market in Apr 2024, the same as last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Marathon are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in Marathon; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

Newest Listings in Marathon, NY

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