$3,254 Closing Credit*
$274,000
1,835 SqFt
3 Beds
•2 Full Baths
Listing Office: Patriot Oaks Properties
Is Callaway, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Callaway was a Seller's Market.
Key Takeaway
Callaway 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 Callaway, FL
How much do homes in Callaway, FL cost?
Median Sold Price
$288,594
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$3,327(+1.2%)
Key Takeaway
Homes in Callaway have sold for 1.2% more than they did a year ago.
Summary: The median home sold price in Callaway was $288,594 in October 2024, up 1.2% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $155K | $170K | +9.7% |
| 3 Bedrooms | $263K | $267.7K | +1.8% |
| 4 Bedrooms | $325K | $315.9K | -2.8% |
| 5+ Bedrooms | $369.9K | $336.9K | -8.9% |
Summary: Callaway housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.7%, 3 bedroom homes increased by 1.8%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes decreased by 8.9%.
Median Sold Price Compared To Nearby Cities
| Parker | $215K | $307K | +42.8% |
| Springfield | $235K | $264K | +12.3% |
| Callaway | $285.2K | $288.5K | +1.2% |
Housing Supply in Callaway, FL
How many homes are available in Callaway, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 149 | 149 | 0.0% |
Summary: The Callaway real estate market had 149 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 87 | 82 | -5.7% |
| 4 Bedrooms | 50 | 56 | +12.0% |
| 5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The Callaway 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 5.7%, 4 bedroom homes increased by 12%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 22 | +46.7% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Callaway, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in Callaway in October 2024, up by 46.7% month-over-month. Of the 22 sold homes, 64% were sold under asking, 18% were sold at asking, and 18% were sold over asking.
Days on Market for Callaway, FL
How long does it take to sell a home in Callaway, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 51 Days | 92 Days | +78.4% |
Summary: Homes in Callaway had an average of 92 days on market in Oct 2024, up by 78.4% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Callaway are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 22 homes were sold in Callaway; 36% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 41% of homes were sold over 90 days.
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