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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Belleview is a buyer's market

Buyer's
Market

Difference Since December 2023

At the same time last year, Belleview was a Seller's Market.

Key Takeaway

Belleview is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Belleview, FL

How much do homes in Belleview, FL cost?

Median Sold Price

$269,439

$167/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$17,939(+7.1%)

Key Takeaway

Homes in Belleview have sold for 7.1% more than they did a year ago.

Summary: The median home sold price in Belleview was $269,439 in December 2024, up 7.1% from last year, and the median price per square foot was $167.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$145K
N/A
2 $165K$176K
+6.7%
3 $245.3K$250K
+1.9%
4 $295.7K$295K
-0.3%
5+ $338.9K$337.9K
-0.3%

Summary: Belleview housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes decreased by 0.3%.

Housing Supply in Belleview, FL

How many homes are available in Belleview, FL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
183174-4.9%

Summary: The Belleview real estate market had 174 homes for sale in December 2024, a 4.9% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 22
0.0%
2 1816
-11.1%
3 9793
-4.1%
4 5754
-5.3%
5+ 99
0.0%

Summary: The Belleview housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.1%, 3 bedroom homes decreased by 4.1%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
3024-20.0%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Belleview, you may be able to get a good deal. 54.2% of homes here sold below asking price last month.

Summary: A total of 24 homes were sold or pending in Belleview in December 2024, down by 20.0% month-over-month. Of the 24 sold homes, 54% were sold under asking, 29% were sold at asking, and 17% were sold over asking.

Days on Market for Belleview, FL

How long does it take to sell a home in Belleview, FL?

Average Sale Time

Dec 2023Dec 2024CHANGE
55 Days70 Days+25.8%

Summary: Homes in Belleview had an average of 70 days on market in Dec 2024, up by 25.8% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 24 homes were sold in Belleview; 29% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 42% 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 4 Days Ago

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