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 neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Belle Glade-Pahokee was a Seller's Market.

Key Takeaway

Belle Glade-Pahokee is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Belle Glade-Pahokee, FL

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

Median Sold Price

$325,000

$194/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$52,500(+19.3%)

Key Takeaway

Homes in Belle Glade-Pahokee have sold for 19.3% more than they did a month ago.

Summary: The median home sold price in Belle Glade-Pahokee was $325,000 in November 2024, up 19.3% from last month, and the median price per square foot was $194.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $300K-
N/A
3 $237K$285K
+20.3%
4 $315K-
N/A
5+ $355.9K$336.9K
-5.3%

Summary: Belle Glade-Pahokee 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 did not change, 3 bedroom homes increased by 20.3%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 5.3%.

Housing Supply in Belle Glade-Pahokee, FL

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3124-22.6%

Summary: The Belle Glade-Pahokee real estate market had 24 homes for sale in November 2024, a 22.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 42
-50.0%
3 1613
-18.8%
4 75
-28.6%
5+ 44
0.0%

Summary: The Belle Glade-Pahokee 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 50%, 3 bedroom homes decreased by 18.8%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
84-50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 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. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Belle Glade-Pahokee in November 2024, down by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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

Oct 2024Nov 2024CHANGE
28 Days89 Days+208.2%

Summary: Homes in Belle Glade-Pahokee had an average of 89 days on market in Nov 2024, up by 208.2% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Belle Glade-Pahokee are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 4 homes were sold in Belle Glade-Pahokee; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% 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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