Is Belle Glade-Pahokee, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Belle Glade-Pahokee is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Belle Glade-Pahokee was a Neutral Market.

Key Takeaway

Belle Glade-Pahokee is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Belle Glade-Pahokee, FL

How much do homes in Belle Glade-Pahokee, FL cost?

Median Sold Price

$307,500

$176/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$7,400(-2.3%)

Key Takeaway

Homes in Belle Glade-Pahokee have sold for 2.3% less than they did a month ago.

Summary: The median home sold price in Belle Glade-Pahokee was $307,500 in October 2024, down 2.3% from last month, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$300K
N/A
3 $279.9K$226K
-19.3%
4 $355K$315K
-11.3%
5+ -$374.7K
N/A

Summary: Belle Glade-Pahokee housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 19.3%, 4 bedroom homes decreased by 11.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Belle Glade-Pahokee
-2.3%
Pahokee
-5.9%

Housing Supply in Belle Glade-Pahokee, FL

How many homes are available in Belle Glade-Pahokee, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3234+6.3%

Summary: The Belle Glade-Pahokee real estate market had 34 homes for sale in October 2024, a 6.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 35
+66.7%
3 1617
+6.3%
4 98
-11.1%
5+ 44
0.0%

Summary: The Belle Glade-Pahokee 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 increased by 66.7%, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
58+60.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Belle Glade-Pahokee, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Belle Glade-Pahokee in October 2024, up by 60.0% month-over-month. Of the 8 sold homes, 50% were sold under asking, 13% were sold at asking, and 38% were sold over asking.

Days on Market for Belle Glade-Pahokee, FL

How long does it take to sell a home in Belle Glade-Pahokee, FL?

Average Sale Time

Sep 2024Oct 2024CHANGE
53 Days25 Days-52.7%

Summary: Homes in Belle Glade-Pahokee had an average of 25 days on market in Oct 2024, down by 52.7% compared to last month.

Breakdown of Home Sale Times

7 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 Belle Glade-Pahokee are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 8 homes were sold in Belle Glade-Pahokee; 88% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 13% 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

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