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 October 2023

At the same time last year, Arcadia was a Seller'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

$275,000

$189/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$39,750(+16.9%)

Key Takeaway

Homes in Arcadia have sold for 16.9% more than they did a year ago.

Summary: The median home sold price in Arcadia was $275,000 in October 2024, up 16.9% from last year, and the median price per square foot was $189.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $423K$178K
-57.9%
2 $159K$190K
+19.5%
3 $250K$290K
+16.0%
4 $281K$340K
+21.0%
5+ $322K$738K
+129.2%

Summary: Arcadia housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 57.9%, 2 bedroom homes increased by 19.5%, 3 bedroom homes increased by 16%, 4 bedroom homes increased by 21%, and 5+ bedroom homes increased by 129.2%.

Median Sold Price Compared To Nearby Cities

Arcadia
+16.9%
Arcadia East
+8.8%
Arcadia West
-1.1%

Housing Supply in Arcadia, FL

How many homes are available in Arcadia, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
124119-4.0%

Summary: The Arcadia real estate market had 119 homes for sale in October 2024, a 4.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1113
+18.2%
2 2021
+5.0%
3 6760
-10.4%
4 1513
-13.3%
5+ 1112
+9.1%

Summary: The Arcadia housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 18.2%, 2 bedroom homes increased by 5%, 3 bedroom homes decreased by 10.4%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes increased by 9.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1612-25.0%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was 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. 91.7% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Arcadia in October 2024, down by 25.0% month-over-month. Of the 12 sold homes, 92% were sold under asking, 0% were sold at asking, and 8% 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

Oct 2023Oct 2024CHANGE
35 Days87 Days+146.5%

Summary: Homes in Arcadia had an average of 87 days on market in Oct 2024, up by 146.5% compared to last year.

Breakdown of Home Sale Times

5 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 October 2024, 12 homes were sold in Arcadia; 42% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 33% 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 16 Days Ago

Newest Listings in Arcadia, FL

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