Table of Content
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.
Flood risk data is provided by Risk Factor™, a product of the nonprofit First Street Foundation. Risk Factor™ is a peer reviewed scientific model, designed to approximate flood risk and not intended to include all possible risks of flood. The latest migration analysis is based on a sample of about two million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user must have viewed at least 10 homes in a three month period. Members receive 10 FREE city profile downloads a month, unlimited access to our detailed cost of living calculator and analysis, unlimited access to our DataEngine, and more. Our cost of living indices are based on a US average of 100.
Price Range
There were 379 properties sold in Marco Island, FL, which spent an average of 115 days on the market. Some of the hottest neighborhoods near Marco Island, FL are Marco Shores Country Club, Fiddler's Creek, Boyne South, Lakewood, Lely Country Club. In November 2022, Marco Beach home prices were up 45.5% compared to last year, selling for a median price of $1.2M.
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.
Climate's impact on Marco Island housing
Under the standard rule, that income level would allow for $1,844 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $52,331, per the median income in the area. That would allow for renters to spend up to $1,221 on monthly rental expenses. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified.
Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Properties displayed may be listed or sold by various participants in the MLS. The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers. The average homes sell for about 5% below list price and go pending in around 57 days.
Taxes in Marco Island, Florida
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.
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.
Compare Marco Island, FL Cost of Living
Hear what agents are saying across the country and make smarter decisions when buying or selling a home. Copyright 2022 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Average House Price – This month’s average house price on Realtor, including single family houses, townhomes, and condos. The average house price is most representative of housing located in the most desirable areas of the city. Median House Price Per Square Foot – This month’s median house price per square foot on Realtor, including single family houses, townhomes, and condos. The most representative measure of house price per square foot in the entire metro area. Recently sold homes in Marco Island, FL had a median listing home price of $1,197,499.
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.
We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. If you wish to report an issue or seek an accommodation, please contact us at Many homes in Marco Island are selling fast, if you're buying plan to act quickly.
Flood risk in Marco Island is increasing slower than the national average. Can sell for about 1% below list price and go pending in around 18 days. Is the cost of living increasing or decreasing in Marco Island?
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