Is Carol City, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Carol City is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Carol City, FL

How much do homes in Carol City, FL cost?

Median Sold Price

$487,650

$347/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$37,650(+8.4%)

Key Takeaway

Homes in Carol City have sold for 8.4% more than they did a year ago.

Summary: The median home sold price in Carol City was $487,650 in November 2024, up 8.4% from last year, and the median price per square foot was $347.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $208K-
N/A
2 $330K$335K
+1.5%
3 $429K$460K
+7.2%
4 $489K$532.4K
+8.9%
5+ $535K$575.5K
+7.6%

Summary: Carol City 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 1.5%, 3 bedroom homes increased by 7.2%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes increased by 7.6%.

Housing Supply in Carol City, FL

How many homes are available in Carol City, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
112117+4.5%

Summary: The Carol City real estate market had 117 homes for sale in November 2024, a 4.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 79
+28.6%
3 5355
+3.8%
4 3939
0.0%
5+ 1213
+8.3%

Summary: The Carol City 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 increased by 28.6%, 3 bedroom homes increased by 3.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 8.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1412-14.3%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Carol City, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Carol City in November 2024, down by 14.3% month-over-month. Of the 12 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.

Days on Market for Carol City, FL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
18 Days35 Days+86.2%

Summary: Homes in Carol City had an average of 35 days on market in Nov 2024, up by 86.2% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Carol City are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 12 homes were sold in Carol City; 58% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 17% 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 21 Days Ago

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