Is Century Village, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Century Village is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Century Village, FL

How much do homes in Century Village, FL cost?

Median Sold Price

$212,100

$197/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$7,900(-3.6%)

Key Takeaway

Homes in Century Village have sold for 3.6% less than they did a year ago.

Summary: The median home sold price in Century Village was $212,100 in October 2024, down 3.6% from last year, and the median price per square foot was $197.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $167K$172K
+3.0%
2 $236K$230K
-2.5%
3 $295K-
N/A
4 -$822.5K
N/A
5+ --
N/A

Summary: Century Village housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3%, 2 bedroom homes decreased by 2.5%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

New Hampton
-3.3%
Century Village
-3.6%
Suffolk
-4.9%

Housing Supply in Century Village, FL

How many homes are available in Century Village, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
219248+13.2%

Summary: The Century Village real estate market had 248 homes for sale in October 2024, a 13.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 7176
+7.0%
2 147172
+17.0%
3 00
0.0%
4 10
-100.0%
5+ 00
0.0%

Summary: The Century Village housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7%, 2 bedroom homes increased by 17%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1816-11.1%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Century Village, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in Century Village in October 2024, down by 11.1% month-over-month. Of the 16 sold homes, 88% were sold under asking, 13% were sold at asking, and 0% were sold over asking.

Days on Market for Century Village, FL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
35 Days87 Days+149.0%

Summary: Homes in Century Village had an average of 87 days on market in Oct 2024, up by 149% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 16 homes were sold in Century Village; 25% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 44% 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 16 Days Ago

Newest Listings in Century Village, FL

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