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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bagdad is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Bagdad was a Neutral Market.

Key Takeaway

Bagdad is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

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 October 2023

-$10,990(-3.8%)

Key Takeaway

Homes in Bagdad have sold for 3.8% less than they did a year ago.

Summary: The median home sold price in Bagdad was $275,000 in October 2024, down 3.8% from last year, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $405K$210K
-48.1%
2 $262.5K$226.9K
-13.6%
3 $261.9K$266.5K
+1.7%
4 $312.5K$289.7K
-7.3%
5+ $375K$619.2K
+65.1%

Summary: Bagdad housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 48.1%, 2 bedroom homes decreased by 13.6%, 3 bedroom homes increased by 1.7%, 4 bedroom homes decreased by 7.3%, and 5+ bedroom homes increased by 65.1%.

Median Sold Price Compared To Nearby Cities

Midway
+1.2%
Milton
-0.8%
Bagdad
-3.8%
East Milton
-6.5%
Avalon-Mulat
-7.7%

Housing Supply in Bagdad, FL

How many homes are available in Bagdad, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7074+5.7%

Summary: The Bagdad real estate market had 74 homes for sale in October 2024, a 5.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 66
0.0%
3 3433
-2.9%
4 2832
+14.3%
5+ 23
+50.0%

Summary: The Bagdad housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
616+166.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

10 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bagdad, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 16 homes were sold or pending in Bagdad in October 2024, up by 166.7% month-over-month. Of the 15 sold homes, 7% were sold under asking, 67% were sold at asking, and 27% 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

Oct 2023Oct 2024CHANGE
43 Days59 Days+39.0%

Summary: Homes in Bagdad had an average of 59 days on market in Oct 2024, up by 39% compared to last year.

Breakdown of Home Sale Times

9 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 Bagdad are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 16 homes were sold in Bagdad; 56% of homes were sold within 30 days, 19% 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 17 Days Ago

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