Is Dunnellon, 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, Dunnellon has remained a Seller's Market.
Housing Prices in Dunnellon, FL
How much do homes in Dunnellon, FL cost?
Median Sold Price
$262,083
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Dunnellon was $262,083 in May 2024, down 1.1% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $177.5K | $196.5K | +10.7% |
2 Bedrooms | $219K | $235K | +7.3% |
3 Bedrooms | $269K | $260K | -3.3% |
4 Bedrooms | $327K | $313.9K | -4.0% |
5+ Bedrooms | $357.7K | $507.5K | +41.9% |
Summary: Dunnellon housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.7%, 2 bedroom homes increased by 7.3%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes increased by 41.9%.
Housing Supply in Dunnellon, FL
How many homes are available in Dunnellon, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
415 | 408 | -1.7% |
Summary: The Dunnellon real estate market had 408 homes for sale in May 2024, a 1.7% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 54 | 54 | 0.0% |
3 Bedrooms | 278 | 275 | -1.1% |
4 Bedrooms | 76 | 72 | -5.3% |
5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Dunnellon 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 remained the same, 3 bedroom homes decreased by 1.1%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
81 | 77 | -4.9% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
40 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 77 homes were sold or pending in Dunnellon in May 2024, down by 4.9% month-over-month. Of the 77 sold homes, 29% were sold under asking, 52% were sold at asking, and 19% were sold over asking.
Days on Market for Dunnellon, FL
How long does it take to sell a home in Dunnellon, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
57 Days | 57 Days | 0.1% |
Summary: Homes in Dunnellon had an average of 57 days on market in May 2024, up by 0.1% compared to last year.
Breakdown of Home Sale Times
41 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
21 Homes Were Sold
Over 90 Days
Summary: During May 2024, 77 homes were sold in Dunnellon; 53% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.