$5,047 Closing Credit*
$425,000
2,165 SqFt
4 Beds
•2 Full Baths
Robert Sinclair, Listing Office: 100% REAL ESTATE, INC.
Is Buffalo Mill Creek, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Buffalo Mill Creek was a Seller's Market.
Key Takeaway
Buffalo Mill Creek 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 Buffalo Mill Creek, FL
How much do homes in Buffalo Mill Creek, FL cost?
Median Sold Price
$410,000
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,100(+5.2%)
Key Takeaway
Homes in Buffalo Mill Creek have sold for 5.2% more than they did a year ago.
Summary: The median home sold price in Buffalo Mill Creek was $410,000 in November 2024, up 5.2% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $240K | $277K | +15.4% |
| 3 Bedrooms | $317.5K | $370K | +16.5% |
| 4 Bedrooms | $379.9K | $418.1K | +10.1% |
| 5+ Bedrooms | $439.9K | $550K | +25.0% |
Summary: Buffalo Mill Creek 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 increased by 15.4%, 3 bedroom homes increased by 16.5%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes increased by 25%.
Median Sold Price Compared To Nearby Neighborhoods
| Buffalo Mill Creek | $389.9K | $410K | +5.2% |
| Wallace | $499.9K | $502.8K | +0.6% |
Housing Supply in Buffalo Mill Creek, FL
How many homes are available in Buffalo Mill Creek, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 14 | -17.6% |
Summary: The Buffalo Mill Creek real estate market had 14 homes for sale in November 2024, a 17.6% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 8 | 4 | -50.0% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Buffalo Mill Creek 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 remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 2 | -66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Buffalo Mill Creek, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Buffalo Mill Creek in November 2024, down by 66.7% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Buffalo Mill Creek, FL
How long does it take to sell a home in Buffalo Mill Creek, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 55 Days | 77 Days | +39.9% |
Summary: Homes in Buffalo Mill Creek had an average of 77 days on market in Nov 2024, up by 39.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Buffalo Mill Creek has remained consistent over time.
Summary: During November 2024, 2 homes were sold in Buffalo Mill Creek; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. All rights reserved.