Is Callahan-Hilliard, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Callahan-Hilliard was a Seller's Market.
Key Takeaway
Callahan-Hilliard 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 Prices in Callahan-Hilliard, FL
How much do homes in Callahan-Hilliard, FL cost?
Median Sold Price
$413,700
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Callahan-Hilliard have sold for 22% more than they did a year ago.
Summary: The median home sold price in Callahan-Hilliard was $413,700 in May 2024, up 22% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $212K | $284K | +34.0% |
| 3 Bedrooms | $308K | $330K | +7.1% |
| 4 Bedrooms | $459.3K | $515.9K | +12.3% |
| 5+ Bedrooms | $490K | $775K | +58.2% |
Summary: Callahan-Hilliard housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 34%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes increased by 58.2%.
Median Sold Price Compared To Nearby Cities
| Hilliard | $334.5K | $469.9K | +40.5% |
| Callahan-Hilliard | $339K | $413.7K | +22.0% |
| Callahan | $326K | $355K | +8.9% |
| Yulee | $396.9K | $399.9K | +0.8% |
| Jacksonville North | $324.9K | $323.2K | -0.5% |
Housing Supply in Callahan-Hilliard, FL
How many homes are available in Callahan-Hilliard, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 153 | 167 | +9.2% |
Summary: The Callahan-Hilliard real estate market had 167 homes for sale in May 2024, a 9.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 2 | -50.0% |
| 3 Bedrooms | 74 | 78 | +5.4% |
| 4 Bedrooms | 63 | 71 | +12.7% |
| 5+ Bedrooms | 12 | 16 | +33.3% |
Summary: The Callahan-Hilliard housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 12.7%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 16 | 25 | +56.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Callahan-Hilliard, expect to pay close to the asking price. 56% of homes here sold near the asking price last month.
Summary: A total of 25 homes were sold or pending in Callahan-Hilliard in May 2024, up by 56.3% month-over-month. Of the 25 sold homes, 28% were sold under asking, 56% were sold at asking, and 16% were sold over asking.
Days on Market for Callahan-Hilliard, FL
How long does it take to sell a home in Callahan-Hilliard, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 88 Days | 76 Days | -13.0% |
Summary: Homes in Callahan-Hilliard had an average of 76 days on market in May 2024, down by 13% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Callahan-Hilliard are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 25 homes were sold in Callahan-Hilliard; 44% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 28% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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