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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Craven is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Craven, FL

How much do homes in Craven, FL cost?

Median Sold Price

$341,450

$181/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$31,450(+10.1%)

Key Takeaway

Homes in Craven have sold for 10.1% more than they did a year ago.

Summary: The median home sold price in Craven was $341,450 in October 2024, up 10.1% from last year, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $120K$107K
-10.8%
2 $195.2K$169K
-13.5%
3 $328.7K$352.2K
+7.1%
4 $367.5K$439K
+19.5%
5+ -$465K
N/A

Summary: Craven housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.8%, 2 bedroom homes decreased by 13.5%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 19.5%, and 5+ bedroom homes did not change.

Housing Supply in Craven, FL

How many homes are available in Craven, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2630+15.4%

Summary: The Craven real estate market had 30 homes for sale in October 2024, a 15.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 1012
+20.0%
3 1210
-16.7%
4 37
+133.3%
5+ 00
0.0%

Summary: The Craven 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 increased by 20%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 133.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
330.0%

Asking Price vs. Sold Price

2 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 Craven, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Craven in October 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Craven, FL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
88 Days27 Days-69.5%

Summary: Homes in Craven had an average of 27 days on market in Oct 2024, down by 69.5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 3 homes were sold in Craven; 100% of homes were sold within 30 days, 0% 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 23 Days Ago

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