Is Arcadia, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Arcadia is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, Arcadia has remained a Buyer's Market.

Key Takeaway

Arcadia is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Arcadia, FL

How much do homes in Arcadia, FL cost?

Median Sold Price

$277,000

$190/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$43,215(+18.5%)

Key Takeaway

Homes in Arcadia have sold for 18.5% more than they did a year ago.

Summary: The median home sold price in Arcadia was $277,000 in November 2024, up 18.5% from last year, and the median price per square foot was $190.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $423K$178K
-57.9%
2 $160K$182K
+13.8%
3 $250K$290K
+16.0%
4 $280K$340K
+21.4%
5+ $322K$738K
+129.2%

Summary: Arcadia housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 57.9%, 2 bedroom homes increased by 13.8%, 3 bedroom homes increased by 16%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes increased by 129.2%.

Median Sold Price Compared To Nearby Cities

Arcadia
+18.5%
Arcadia East
+10.9%
Arcadia West
+1.4%

Housing Supply in Arcadia, FL

How many homes are available in Arcadia, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
122114-6.6%

Summary: The Arcadia real estate market had 114 homes for sale in November 2024, a 6.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1316
+23.1%
2 2221
-4.5%
3 6153
-13.1%
4 1413
-7.1%
5+ 1211
-8.3%

Summary: The Arcadia housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 23.1%, 2 bedroom homes decreased by 4.5%, 3 bedroom homes decreased by 13.1%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes decreased by 8.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
13130.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Arcadia, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Arcadia in November 2024, the same as the previous month. Of the 13 sold homes, 54% were sold under asking, 31% were sold at asking, and 15% were sold over asking.

Days on Market for Arcadia, FL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
35 Days83 Days+134.6%

Summary: Homes in Arcadia had an average of 83 days on market in Nov 2024, up by 134.6% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 13 homes were sold in Arcadia; 46% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 31% 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 17 Days Ago

Newest Listings in Arcadia, FL

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