Is Keystone-Citrus Park, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Keystone-Citrus Park is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Keystone-Citrus Park has remained a Seller's Market.

Key Takeaway

Keystone-Citrus Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Keystone-Citrus Park, FL

How much do homes in Keystone-Citrus Park, FL cost?

Median Sold Price

$499,504

$263/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$17,576(+3.6%)

Key Takeaway

Homes in Keystone-Citrus Park have sold for 3.6% more than they did a year ago.

Summary: The median home sold price in Keystone-Citrus Park was $499,504 in May 2024, up 3.6% from last year, and the median price per square foot was $263.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $185K$186K
0.5%
2 $290K$298.9K
+3.1%
3 $435K$442.7K
+1.8%
4 $623.4K$657.5K
+5.5%
5+ $899.5K$999.9K
+11.2%

Summary: Keystone-Citrus Park housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.5%, 2 bedroom homes increased by 3.1%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes increased by 11.2%.

Median Sold Price Compared To Nearby Cities

Odessa
+9.2%
Keystone-Citrus Park
+3.6%
Lutz
+2.3%

Housing Supply in Keystone-Citrus Park, FL

How many homes are available in Keystone-Citrus Park, FL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
636632-0.6%

Summary: The Keystone-Citrus Park real estate market had 632 homes for sale in May 2024, a 0.6% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 1415
+7.1%
2 9193
+2.2%
3 249221
-11.2%
4 208228
+9.6%
5+ 7475
+1.4%

Summary: The Keystone-Citrus Park housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.1%, 2 bedroom homes increased by 2.2%, 3 bedroom homes decreased by 11.2%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes increased by 1.4%.

Number of Homes Sold

Apr 2024May 2024CHANGE
166160-3.6%

Asking Price vs. Sold Price

98 Homes Were Sold
Under Asking

34 Homes Were Sold
At Asking

28 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Keystone-Citrus Park, you may be able to get a good deal. 61.3% of homes here sold below asking price last month.

Summary: A total of 160 homes were sold or pending in Keystone-Citrus Park in May 2024, down by 3.6% month-over-month. Of the 160 sold homes, 61% were sold under asking, 21% were sold at asking, and 18% were sold over asking.

Days on Market for Keystone-Citrus Park, FL

How long does it take to sell a home in Keystone-Citrus Park, FL?

Average Sale Time

May 2023May 2024CHANGE
29 Days35 Days+19.6%

Summary: Homes in Keystone-Citrus Park had an average of 35 days on market in May 2024, up by 19.6% compared to last year.

Breakdown of Home Sale Times

110 Homes Were Sold
Under 30 Days

33 Homes Were Sold
In 30 - 90 Days

17 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Keystone-Citrus Park are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 160 homes were sold in Keystone-Citrus Park; 69% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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