Is High Springs, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing High Springs is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, High Springs has remained a Seller's Market.

Key Takeaway

High Springs is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in High Springs, FL

How much do homes in High Springs, FL cost?

Median Sold Price

$314,950

$204/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$12,450(+4.1%)

Key Takeaway

Homes in High Springs have sold for 4.1% more than they did a year ago.

Summary: The median home sold price in High Springs was $314,950 in May 2024, up 4.1% from last year, and the median price per square foot was $204.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $256K$192K
-25.0%
2 $219K$207.6K
-5.2%
3 $277.9K$290K
+4.3%
4 $338.9K$424.5K
+25.2%
5+ $381.9K$1.0M
+174.9%

Summary: High Springs housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 5.2%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 25.2%, and 5+ bedroom homes increased by 174.9%.

Median Sold Price Compared To Nearby Cities

High Springs
+4.1%
High Springs-Alachua
0%
Alachua
-1.2%

Housing Supply in High Springs, FL

How many homes are available in High Springs, FL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
7877-1.3%

Summary: The High Springs real estate market had 77 homes for sale in May 2024, a 1.3% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 88
0.0%
3 4843
-10.4%
4 1718
+5.9%
5+ 58
+60.0%

Summary: The High Springs 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 10.4%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 60%.

Number of Homes Sold

Apr 2024May 2024CHANGE
1716-5.9%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in High Springs, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in High Springs in May 2024, down by 5.9% month-over-month. Of the 16 sold homes, 50% were sold under asking, 38% were sold at asking, and 13% were sold over asking.

Days on Market for High Springs, FL

How long does it take to sell a home in High Springs, FL?

Average Sale Time

May 2023May 2024CHANGE
88 Days56 Days-36.5%

Summary: Homes in High Springs had an average of 56 days on market in May 2024, down by 36.5% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in High Springs are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 16 homes were sold in High Springs; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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

Newest Listings in High Springs, FL

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