Is Carver City / Lincoln Gardens, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Carver City / Lincoln Gardens is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, Carver City / Lincoln Gardens has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Carver City / Lincoln Gardens, FL

How much do homes in Carver City / Lincoln Gardens, FL cost?

Median Sold Price

$300,000

$302/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$20,000(-6.3%)

Key Takeaway

Homes in Carver City / Lincoln Gardens have sold for 6.2% less than they did a year ago.

Summary: The median home sold price in Carver City / Lincoln Gardens was $300,000 in October 2024, down 6.3% from last year, and the median price per square foot was $302.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $242K$230.5K
-4.8%
2 $316.2K$300K
-5.1%
3 $373.5K$361K
-3.3%
4 $500K$652.9K
+30.6%
5+ -$750K
N/A

Summary: Carver City / Lincoln Gardens housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.8%, 2 bedroom homes decreased by 5.1%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes increased by 30.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

North Bon Air
+33.5%
MacFarlane Park
+8.2%
West Tampa
+3.9%
Carver City / Lincoln Gardens
-6.3%

Housing Supply in Carver City / Lincoln Gardens, FL

How many homes are available in Carver City / Lincoln Gardens, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
31310.0%

Summary: The Carver City / Lincoln Gardens real estate market had 31 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 910
+11.1%
2 1212
0.0%
3 97
-22.2%
4 11
0.0%
5+ 01
+100.0%

Summary: The Carver City / Lincoln Gardens housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.1%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Carver City / Lincoln Gardens, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Carver City / Lincoln Gardens in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Carver City / Lincoln Gardens, FL

How long does it take to sell a home in Carver City / Lincoln Gardens, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
4 Days52 Days+1055.6%

Summary: Homes in Carver City / Lincoln Gardens had an average of 52 days on market in Oct 2024, up by 1055.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Carver City / Lincoln Gardens has remained consistent over time.

Summary: During October 2024, 1 homes were sold in Carver City / Lincoln Gardens; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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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