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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cottondale is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Cottondale has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Cottondale, FL

How much do homes in Cottondale, FL cost?

Median Sold Price

$191,000

$141/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$44,000(-18.7%)

Key Takeaway

Homes in Cottondale have sold for 18.7% less than they did a month ago.

Summary: The median home sold price in Cottondale was $191,000 in November 2024, down 18.7% from last month, and the median price per square foot was $141.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$192K
N/A
3 -$190K
N/A
4 $235K-
N/A
5+ --
N/A

Summary: Cottondale housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Cottondale, FL

How many homes are available in Cottondale, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1516+6.7%

Summary: The Cottondale real estate market had 16 homes for sale in November 2024, a 6.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 45
+25.0%
4 54
-20.0%
5+ 44
0.0%

Summary: The Cottondale 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 50%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+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 Cottondale, 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 Cottondale in November 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 Cottondale, FL

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

Average Sale Time

Oct 2024Nov 2024CHANGE
1 Day27 Days+2650.0%

Summary: Homes in Cottondale had an average of 27 days on market in Nov 2024, up by 2650% compared to last month.

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 Cottondale are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Cottondale; 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 21 Days Ago

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