Is Gilchrist County, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Gilchrist County has remained a Seller's Market.
Key Takeaway
Gilchrist County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Gilchrist County, FL
How much do homes in Gilchrist County, FL cost?
Median Sold Price
$265,000
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Gilchrist County have sold for 6% more than they did a year ago.
Summary: The median home sold price in Gilchrist County was $265,000 in May 2024, up 6% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $188.5K | N/A |
| 2 Bedrooms | $182K | $189.5K | +4.1% |
| 3 Bedrooms | $259.9K | $265K | +2.0% |
| 4 Bedrooms | $354.5K | $350K | -1.3% |
| 5+ Bedrooms | $462.5K | $650K | +40.5% |
Summary: Gilchrist County 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 4.1%, 3 bedroom homes increased by 2%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes increased by 40.5%.
Median Sold Price Compared To Nearby Counties
| Gilchrist County | $250K | $265K | +6.0% |
| Alachua County | $312.6K | $323.1K | +3.3% |
| Levy County | $240K | $245.5K | +2.3% |
| Dixie County | $202.8K | $180K | -11.2% |
Housing Supply in Gilchrist County, FL
How many homes are available in Gilchrist County, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 47 | 44 | -6.4% |
Summary: The Gilchrist County real estate market had 44 homes for sale in May 2024, a 6.4% decrease 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 | 7 | 6 | -14.3% |
| 3 Bedrooms | 25 | 23 | -8.0% |
| 4 Bedrooms | 12 | 12 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Gilchrist County 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 14.3%, 3 bedroom homes decreased by 8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 7 | 8 | +14.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Gilchrist County, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Gilchrist County in May 2024, up by 14.3% month-over-month. Of the 8 sold homes, 50% were sold under asking, 38% were sold at asking, and 13% were sold over asking.
Days on Market for Gilchrist County, FL
How long does it take to sell a home in Gilchrist County, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 67 Days | 88 Days | +32.0% |
Summary: Homes in Gilchrist County had an average of 88 days on market in May 2024, up by 32% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Gilchrist County are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 8 homes were sold in Gilchrist County; 38% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 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. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.