$4,036 Closing Credit*
$339,900
1,997 SqFt
3 Beds
•2 Full Baths
Jaclyn D Hoskins, Listing Office: The Property Group 850 Inc
Is Crestview, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Crestview has remained a Seller's Market.
Key Takeaway
Crestview is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Crestview, FL
How much do homes in Crestview, FL cost?
Median Sold Price
$312,258
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$2,700(+0.9%)
Key Takeaway
Homes in Crestview have sold for 0.9% more than they did a year ago.
Summary: The median home sold price in Crestview was $312,258 in October 2024, up 0.9% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $117.5K | $54K | -54.0% |
| 2 Bedrooms | $203.9K | $210K | +3.0% |
| 3 Bedrooms | $273K | $271.5K | -0.5% |
| 4 Bedrooms | $340.1K | $335.2K | -1.4% |
| 5+ Bedrooms | $395.9K | $385.6K | -2.6% |
Summary: Crestview housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 54%, 2 bedroom homes increased by 3%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes decreased by 2.6%.
Housing Supply in Crestview, FL
How many homes are available in Crestview, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 648 | 658 | +1.5% |
Summary: The Crestview real estate market had 658 homes for sale in October 2024, a 1.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 18 | 27 | +50.0% |
| 3 Bedrooms | 265 | 256 | -3.4% |
| 4 Bedrooms | 288 | 297 | +3.1% |
| 5+ Bedrooms | 77 | 78 | +1.3% |
Summary: The Crestview 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 50%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 1.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 84 | 111 | +32.1% |
Asking Price vs. Sold Price
53 Homes Were Sold
Under Asking
43 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Crestview, you may be able to get a good deal. 47.7% of homes here sold below asking price last month.
Summary: A total of 111 homes were sold or pending in Crestview in October 2024, up by 32.1% month-over-month. Of the 111 sold homes, 48% were sold under asking, 39% were sold at asking, and 14% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 39 Days | 91 Days | +128.8% |
Summary: Homes in Crestview had an average of 91 days on market in Oct 2024, up by 128.8% compared to last year.
Breakdown of Home Sale Times
35 Homes Were Sold
Under 30 Days
28 Homes Were Sold
In 30 - 90 Days
48 Homes Were Sold
Over 90 Days
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 October 2024, 111 homes were sold in Crestview; 32% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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