$4,511 Closing Credit*
$379,900
1,966 SqFt
3 Beds
•3 Full Baths
Lisa Hernandez, Listing Office: THE RENTAL & SALES GALLERY LLC
Is Babson Park, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Babson Park was a Buyer's Market.
Key Takeaway
Babson Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Babson Park, FL
How much do homes in Babson Park, FL cost?
Median Sold Price
$540,700
$254/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$287,800(+113.8%)
Key Takeaway
Homes in Babson Park have sold for 113.8% more than they did a month ago.
Summary: The median home sold price in Babson Park was $540,700 in November 2024, up 113.8% from last month, and the median price per square foot was $254.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $272K | $252.5K | -7.2% |
| 3 Bedrooms | $240.2K | $308.9K | +28.6% |
| 4 Bedrooms | - | $1.0M | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Babson Park housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.2%, 3 bedroom homes increased by 28.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Babson Park, FL
How many homes are available in Babson Park, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 24 | 23 | -4.2% |
Summary: The Babson Park real estate market had 23 homes for sale in November 2024, a 4.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 13 | 12 | -7.7% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Babson Park 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 decreased by 33.3%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Babson Park, 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 Babson Park in November 2024, up by 33.3% 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 Babson Park, FL
How long does it take to sell a home in Babson Park, FL?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 36 Days | 34 Days | -4.2% |
Summary: Homes in Babson Park had an average of 34 days on market in Nov 2024, down by 4.2% compared to last month.
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
Key Takeaway
Many homes in Babson Park are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Babson Park; 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.
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