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Visit our Seller Resource Center, backed by top agents, data analysis, and rigorous research. Of homes in Marco Beach are required to have flood insurance. Flood risk in Marco Beach is increasing slower than the national average. Of homes in Marco Island are required to have flood insurance.
According to the most recent data on the cost of living, Marco Island has an overall cost of living index of 142 which is 1.4x higher than the national index of 100. The cost of living index is set to 100 for the average place in America. An index above 100 means Marco Island is expensive, while a number below 100 means it's a relatively cheap place to live. The price range for all bedrooms and all property types is $1,450 to $30,000.
View houses in Marco Island that sold recently
Click on the risks below to learn which exist in Marco Beach today and how they’ll change by 2050. Can sell for around list price and go pending in around 15 days. Fire risk estimates the risk of wildfires, based on the likelihood of burning in the future and the potential size and severity of a fire.
Click here to find more home values in other Marco Island County cities. When calculating the cost of living in Marco Island, Florida we factor in state income tax rates, average housing rental prices, average property values, cost of living index, and more. Check out HomeLight’s Quarterly Top Agent Insights report, a national survey of over 500 top real estate agents.
Detailed Marco Island Utilities Costs Vs. Florida
The average one-bedroom apartment cost is approximately $1,809 per month. Last year, the average property taxes paid was 0.7% Marco Island, Florida. Temperature is based on all bedrooms and all property types. For a simple, stress-free transaction, consider selling to pre-approved iBuyers ready to make offers on your home. Get cash offers with HomeLight Simple Sale, the fastest way to sell your home.
You'll also find that houses and apartments in Marco Island, FL range from affordable to luxury. Work with a top Marco Island real estate agent who can help you navigate the market and get the best deal. ClimateCheck™ analyzes a property's risk from climate change using the latest modeling and data from climate scientists, universities, and federal agencies. Drought risk is based on water stress, which estimates how much of the future water supply will be used for human purposes, like watering the lawn.
Marco Island Cost Of Living Vs. Florida
An amount below 100 means Marco Island is cheaper than the US average. A cost of living index above 100 means Marco Island, Florida is more expensive. If you're buying a home in Marco Island, you may be able to get a good deal. Marco Island is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time. Housing swings affordability the most between places in Florida, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
The average homes sell for about 3% below list price and go pending in around 38 days. The average homes sell for about 5% below list price and go pending in around 8 days. The average homes sell for about 4% below list price and go pending in around 68 days. In Marco Island, the median monthly income is $79,033 for those who own their own homes.
Marco Beach Housing Market
When you are ready to explore homes, read what Coldwell Banker agents have to say about Marco Island and discover homes for sale in Marco Island. The average sale price of a home in Marco Beach was $1.3M last month, up 54.8% since last year. The average sale price per square foot in Marco Beach is $712, up 28.5% since last year. The Marco Island housing market is not very competitive.
On average, homes in Marco Beach sell after 54 days on the market compared to 38 days last year. There were 119 homes sold in November this year, down from 218 last year. In November 2022, Marco Island home prices were up 17.9% compared to last year, selling for a median price of $920K. On average, homes in Marco Island sell after 82 days on the market compared to 42 days last year. There were 51 homes sold in November this year, down from 93 last year.
Estimates for the most recent period have a high degree of uncertainty due to limited data for this bedroom type in Marco Island, FL and may not be representative of the actual market. Check out the latest Maps in a variety of categories including cost of living, population, and commute time. You can also use our New Interactive Map to explore places. Enhanced Cost of Living CalculatorNow includes childcare, taxes, health, housing for home owners vs renters, insurance costs and more when you upgrade to premium. Rocket Homes Real Estate LLC is committed to ensuring digital accessibility for individuals with disabilities.
As of December 18, 2022, the average rent for a 1-bedroom apartment in Marco Island, FL is $4,450. Easy-to-use tools let you list your property where millions of renters search each month. Plus, messaging and tenant screening are integrated into our listing platform to help you find and screen applicants faster. The median rent for all bedrooms and all property types in Marco Island, FL is $7,500. Here’s what you can do next with your housing market report.
The average sale price of a home in Marco Island was $920K last month, up 16.5% since last year. The average sale price per square foot in Marco Island is $683, up 23.3% since last year. Find real estate prices in Marco Island by filling out the form on this page. House prices are determined by experts who know the local real estate market well and specialize in providing accurate real estate values for Marco Island home sellers.
While we are constantly working to improve, we welcome your feedback and accommodation requests. If you are having difficulty accessing or navigating our website, or if you have any suggestions to improve accessibility, please email our team. 61% of Marco Island homebuyers searched to stay within the Marco Island metropolitan area. Chicago homebuyers searched to move into Marco Island more than any other metro followed by New York and Boston. Across the nation, 1% of homebuyers searched to move into Marco Island from outside metros.
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