$21,000
0.47 Acres
Land
Kevin Bartlett, Listing Office: Knowledge Base Real Estate
Is Bagdad, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Bagdad has remained a Buyer's Market.
Key Takeaway
Bagdad is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Bagdad, FL
How much do homes in Bagdad, FL cost?
Median Sold Price
$275,000
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$10,000(-3.5%)
Key Takeaway
Homes in Bagdad have sold for 3.5% less than they did a year ago.
Summary: The median home sold price in Bagdad was $275,000 in November 2024, down 3.5% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $210K | - | N/A |
| 2 Bedrooms | $275K | $225.9K | -17.9% |
| 3 Bedrooms | $261.9K | $270K | +3.1% |
| 4 Bedrooms | $312.5K | $290K | -7.2% |
| 5+ Bedrooms | $375K | $619.2K | +65.1% |
Summary: Bagdad 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 17.9%, 3 bedroom homes increased by 3.1%, 4 bedroom homes decreased by 7.2%, and 5+ bedroom homes increased by 65.1%.
Median Sold Price Compared To Nearby Cities
| Midway | $399.9K | $410.2K | +2.6% |
| Milton | $319.9K | $319.8K | 0% |
| East Milton | $339.9K | $335.9K | -1.2% |
| Bagdad | $285K | $275K | -3.5% |
| Avalon-Mulat | $310K | $284.5K | -8.2% |
Housing Supply in Bagdad, FL
How many homes are available in Bagdad, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 78 | 76 | -2.6% |
Summary: The Bagdad real estate market had 76 homes for sale in November 2024, a 2.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 7 | -30.0% |
| 3 Bedrooms | 35 | 37 | +5.7% |
| 4 Bedrooms | 30 | 28 | -6.7% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Bagdad 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 30%, 3 bedroom homes increased by 5.7%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 11 | -26.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Bagdad, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Bagdad in November 2024, down by 26.7% month-over-month. Of the 9 sold homes, 56% were sold under asking, 33% were sold at asking, and 11% were sold over asking.
Days on Market for Bagdad, FL
How long does it take to sell a home in Bagdad, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 15 Days | 60 Days | +299.5% |
Summary: Homes in Bagdad had an average of 60 days on market in Nov 2024, up by 299.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Bagdad has remained consistent over time.
Summary: During November 2024, 11 homes were sold in Bagdad; 27% of homes were sold within 30 days, 55% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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