Is Chiefland, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Chiefland is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Chiefland, FL

How much do homes in Chiefland, FL cost?

Median Sold Price

$208,000

$162/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$3,000(+1.5%)

Key Takeaway

Homes in Chiefland have sold for 1.5% more than they did a year ago.

Summary: The median home sold price in Chiefland was $208,000 in October 2024, up 1.5% from last year, and the median price per square foot was $162.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $249K$157K
-36.9%
2 $117.4K$129.9K
+10.6%
3 $217.5K$262.5K
+20.7%
4 $210K$140K
-33.3%
5+ $230K-
N/A

Summary: Chiefland housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 36.9%, 2 bedroom homes increased by 10.6%, 3 bedroom homes increased by 20.7%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes did not change.

Housing Supply in Chiefland, FL

How many homes are available in Chiefland, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
20200.0%

Summary: The Chiefland real estate market had 20 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 55
0.0%
3 1010
0.0%
4 44
0.0%
5+ 11
0.0%

Summary: The Chiefland 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
02+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Chiefland, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Chiefland in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Chiefland, FL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
38 Days31 Days-19.1%

Summary: Homes in Chiefland had an average of 31 days on market in Oct 2024, down by 19.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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

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

Summary: During October 2024, 2 homes were sold in Chiefland; 50% of homes were sold within 30 days, 50% 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 20 Days Ago

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