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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Crestview is a neutral's market

Buyer's
Market

Difference Since November 2023

Since last year, Crestview has remained a Neutral Market.

Key Takeaway

Crestview is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Crestview, FL

How much do homes in Crestview, FL cost?

Median Sold Price

$313,694

$172/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$3,772(+1.2%)

Key Takeaway

Homes in Crestview have sold for 1.2% more than they did a year ago.

Summary: The median home sold price in Crestview was $313,694 in November 2024, up 1.2% from last year, and the median price per square foot was $172.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $185K$54K
-70.8%
2 $201K$210K
+4.5%
3 $272.1K$273.2K
0.4%
4 $339.9K$335K
-1.4%
5+ $395.9K$386.2K
-2.4%

Summary: Crestview housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 70.8%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 0.4%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes decreased by 2.4%.

Housing Supply in Crestview, FL

How many homes are available in Crestview, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
679606-10.8%

Summary: The Crestview real estate market had 606 homes for sale in November 2024, a 10.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 2924
-17.2%
3 264238
-9.8%
4 307268
-12.7%
5+ 7976
-3.8%

Summary: The Crestview 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 decreased by 17.2%, 3 bedroom homes decreased by 9.8%, 4 bedroom homes decreased by 12.7%, and 5+ bedroom homes decreased by 3.8%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
11994-21.0%

Asking Price vs. Sold Price

40 Homes Were Sold
Under Asking

45 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Crestview, expect to pay close to the asking price. 47.9% of homes here sold near the asking price last month.

Summary: A total of 94 homes were sold or pending in Crestview in November 2024, down by 21.0% month-over-month. Of the 94 sold homes, 43% were sold under asking, 48% were sold at asking, and 10% were sold over asking.

Days on Market for Crestview, FL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
50 Days99 Days+96.6%

Summary: Homes in Crestview had an average of 99 days on market in Nov 2024, up by 96.6% compared to last year.

Breakdown of Home Sale Times

25 Homes Were Sold
Under 30 Days

25 Homes Were Sold
In 30 - 90 Days

44 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 94 homes were sold in Crestview; 27% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 47% 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 17 Days Ago

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