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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Arrowhead is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Arrowhead, FL

How much do homes in Arrowhead, FL cost?

Median Sold Price

$322,000

$202/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$2,000(+0.6%)

Key Takeaway

Homes in Arrowhead have sold for 0.6% more than they did a year ago.

Summary: The median home sold price in Arrowhead was $322,000 in November 2024, up 0.6% from last year, and the median price per square foot was $202.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$238K
N/A
2 $215K$195K
-9.3%
3 $335K$333.1K
-0.6%
4 $586K$592.9K
+1.2%
5+ $649.9K$647.1K
-0.4%

Summary: Arrowhead housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 9.3%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes decreased by 0.4%.

Housing Supply in Arrowhead, FL

How many homes are available in Arrowhead, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3440+17.6%

Summary: The Arrowhead real estate market had 40 homes for sale in November 2024, a 17.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 2020
0.0%
3 711
+57.1%
4 78
+14.3%
5+ 01
+100.0%

Summary: The Arrowhead housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 57.1%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Arrowhead, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Arrowhead in November 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Arrowhead, FL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
84 Days32 Days-61.4%

Summary: Homes in Arrowhead had an average of 32 days on market in Nov 2024, down by 61.4% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 4 homes were sold in Arrowhead; 75% of homes were sold within 30 days, 0% 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 2 Days Ago

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