Marathon, Florida.
Typical home $832,447 (+1.8% in a year), asking rent $5,766 . Key West, FL metro.
to buy the typical home at today's mortgage rate — +$2,451 (+128%) since Jan 2020.
- 1 year
- Up $14,816 +2%
- $817,631$832,447 since Sep 2025
- 5 years
- Up $170,747 +26%
- $661,700$832,447 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Marathon$4,369
- Florida$1,970
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 15 years.
Typical home values in Marathon, FL rose 1.8% over the past year — faster than the nation's +1.2%.
Living in Marathon, Monroe County, Florida
Marathon is a city of 9,689 people in Monroe County. Half its households earn more than $89,355 a year and half less, against $87,738 across Monroe County; 13% of its people live below the poverty line. 60% of its homes are lived in by their owners and 40% are rented. Unemployment in Monroe County was 3.3% in August 2026, and the county had 0.5% more jobs in 2025 than the year before. The most residents work in restaurants and hotels, then schools and health care.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Marathon is a small city in the Florida Keys, in Monroe County. Its residents are older than in most of the country, and household incomes are a little above the county's. Most homes are lived in by their owners, though typical home values and rents run very high. Winters are mild, with January the coolest month and still warm by most standards, while summers are hot, and the year brings a fair amount of rain.
Work. Many residents work in restaurants, hotels and entertainment, in schools, hospitals and social care, or in shops. Among the largest workplaces in Marathon are Publix Super Markets, Fishermens Hospital and Shaner Operating, which runs hotels. Commutes are short, and a good number of people work from home.
Things to do. Curry Hammock State Park, a protected natural area, is in or beside town. A short drive away is the Dolphin Research Center, a zoo-style attraction centered on dolphins. A longer drive takes you to Anne's Beach, a beach on the Keys.
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- 4,018households
- 33%of adults have a degree
- 13%below the poverty line
- 14 mintypical commute
- 14%work from home
What residents work in
Employed residents by industry, from the Census survey. Monroe County had 47,299 jobs in 2025, 0.5% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 76° and lows near 64°; warmest in August, with highs near 92° and lows near 80°. About 40 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Marathon Airport weather station, 2 miles away (NOAA).
Largest employers in Marathon
- Monroe County193
- Fishermen's Community Hospital180
- Monroe County School Board151
- Home Depot USA150
- City of Marathon143
- Winn Dixie93
- Publix Supermarkets93
- Walgreens Co.88
From the City of Marathon’s annual financial report for 2025, its schedule of principal employers, as Florida’s Auditor General publishes it: the report. Employees as the report counts them.
Natural hazards
- HurricanesVery high
- Coastal floodingRelatively high
- LightningRelatively high
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Marathon’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Monroe County and the Key West, FL metro.
Marathon home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Marathon$832,447
- Florida$375,361
- United States$366,157
Sellers are cutting prices on about 1 in 6 Marathon listings, and the typical home goes pending in 123 days — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Marathon17.97%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Marathon123
- United States21
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Marathon251
New listings per month
Sellers arriving at the market.
- Marathon32
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Marathon$888,306
- United States$371,407
Zip codes with a Marathon address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Marathon — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.