Elizabeth Elliott
Map of Marathon, Florida

Homes for sale in

Marathon, Florida

Life at the heart of the Florida Keys

53

Homes for sale

$885,000

Median list price

$790

Avg price / sqft

94

Median days on market

Marathon sits in the middle of the Keys, where boat access is the point and the water is the backyard. Of the 53 homes on the market right now, 41 are waterfront, and the mix runs from canal-front single-family homes to the walkable, incorporated village of Key Colony Beach. Neighborhoods like Marathon Shores and Coco Plum Terraces give the island its low-key, boat-and-fish rhythm.

For buyers, this is a compact, high-value market in Monroe County: the median list price is $885,000, and 22 of the active listings are priced above $1M. Homes here move deliberately — a 94-day median time on market and sellers netting about 94% of asking — so there's room to negotiate on the right property. If your budget is tighter, it's worth watching what's just reduced and using browse by price to catch the range's lower end.

Marathon is in Monroe County, Florida.

30-minute drive area around Marathon

Within a 30-minute drive

Quick facts

$99,900$30M price range

1,296 sqft median home

$5,900/mo median rent

Leans buyer right now

Fresh on the market

Newest homes in Marathon

View all 53 homes →

53 of 53 active listings shown

Open full map search →

Find your fit

Most popular Marathon searches

The numbers that matter

The Marathon market

Leans buyer

28.9 months of inventory

Seller’s marketBuyer’s market

Inventory is building — buyers have leverage and time.

40

Sold, last 12 months

$981,000

Median sold price

94%

Sale-to-list ratio

What sellers actually get vs asking

107 days

Median time to sell

Marathon vs Monroe County

Median list price

Marathon$885K
Monroe Co.$925K

Price per sqft

Marathon$790
Monroe Co.$986

Days on market

Marathon94d
Monroe Co.84d

Median sold price — 3-yr, 3-mo rolling

22.4% yr/yr

$705K$1.5M$2.4MOct ’23Jul ’26

Homes on the market

1080.0% yr/yr

04080Jul ’23Jul ’26

Homes sold per month

024Mar ’24Jul ’26

Live Stellar MLS data — listings and closed sales in Marathon, FL. Rolling medians smooth single-month swings in thin markets.

Where to look

Marathon neighborhoods

Show all 48 Marathon neighborhoods A–Z+

Neighborhood boundaries by edgeAI — listings matched to the actual polygon, not agent-entered subdivision names.

For the school run

School zones with homes for sale

Homes matched to official attendance boundaries — always verify zoning with the district.

Beyond the listings

Living in Marathon

01

Waterfront is the norm

41 of 53 active listings are waterfront, so canal and open-water access is the baseline expectation, not a luxury add-on.

02

Wide price spectrum

Active prices run from $99,900 to $29,500,000, with a median near $885,000 and 22 homes over the million-dollar mark.

03

Mostly single-family

Single-family residences dominate the inventory at 37 listings, with condos, townhomes, and a few mobile homes filling out the rest.

04

Room to negotiate

With a 94-day median time on market, well-priced buyers have leverage that's rare elsewhere in the Keys.

05

Pools are scarcer than water

Only 7 active listings have a pool, so a private pool alongside dockage is a genuine differentiator here.

Population

9,831

Median age

45.6

Median income

$80,556

Median home value

$683,700

What people here are into

Hobbies & Interests

Top 7% in the U.S.

Wanderlust

Always thinking about their next destination, this population loves exploring new places abroad or right in their own backyard. They hold onto past trips by sharing their favorite memories and pictures year round.

Culture

Top 14% in the U.S.

Sites to See

This population finds the most beautiful sites just by looking up. Sunrise, sunset or sometime in between, these people love to marvel at man-made and natural wonders.

Entertainment

Top 23% in the U.S.

Live & Local Music

This population follows the music. From local bands to current acts at the local venue, you can find these people researching band tours and how to get backstage passes.

Lifestyles

Wealth Signaling

Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.

Hobbies & Interests

Natural Beauty

This population marvels at the beauty of nature, and they want to capture every breath-taking scene.

Food & Drink

Trendy Eats

Meals are a social experience, and these foodies take it to the next level. This population can't wait to snap a pic of their plate and share it before chowing down.

What it really costs

Owning here

Owning the median Marathon home

$6,074/mo

Principal & interest $4,663
Property tax $651
HOA / fees $550
Insurance (est.) $210

$885,000 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.

6%

In a FEMA flood zone

Ask about flood insurance early — it changes the payment

$5,900/mo

Median rent

12 homes for rent right now

Straight answers

Marathon real estate FAQs

Is Marathon a good place to live?+

If you want a boating-centered life in the middle of the Keys, Marathon delivers — the island is built around water access, with 41 of 53 current listings on the water. Families are served by Marathon School and Stanley Switlik Elementary School, and the pace stays relaxed and coastal year-round.

Is Marathon expensive?+

Yes, it's a premium market: the median list price is $885,000 and homes average around $790 per square foot. That said, active listings start as low as $99,900, so entry points exist for buyers willing to look at smaller units or townhomes & condos.

What do homes cost in Marathon?+

The median list price is $885,000 across 53 active listings, with a median home size of about 1,296 square feet. Over the last 12 months, 40 homes sold at a median price of $981,000, and 22 of today's listings are priced above $1M — many of them waterfront.

How is the Marathon market right now?+

It's a deliberate market: the median time on market is 94 days and sellers are getting about 94% of their asking price. That combination means motivated buyers have real negotiating room, especially on listings that have been just reduced.

What should I expect for HOA fees and property taxes?+

The median HOA runs about $550 per month, which is common in the condo and villa communities like Bougainvillea Villas Condominiums. Median property tax is around $7,817 per year, reflecting the island's higher home values.

Keep exploring

Nearby areas

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS. Market statistics are computed from listing and sold data and change as the market moves.

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