Is Crystal Lake, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Crystal Lake is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Crystal Lake, FL

How much do homes in Crystal Lake, FL cost?

Median Sold Price

$269,000

$187/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$16,500(+6.5%)

Key Takeaway

Homes in Crystal Lake have sold for 6.5% more than they did a year ago.

Summary: The median home sold price in Crystal Lake was $269,000 in November 2024, up 6.5% from last year, and the median price per square foot was $187.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $227.5K$185.2K
-18.6%
3 $255K$275K
+7.8%
4 $276.5K$250K
-9.6%
5+ $500K$580K
+16.0%

Summary: Crystal Lake housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 18.6%, 3 bedroom homes increased by 7.8%, 4 bedroom homes decreased by 9.6%, and 5+ bedroom homes increased by 16%.

Housing Supply in Crystal Lake, FL

How many homes are available in Crystal Lake, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1617+6.3%

Summary: The Crystal Lake real estate market had 17 homes for sale in November 2024, a 6.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 37
+133.3%
3 98
-11.1%
4 32
-33.3%
5+ 10
-100.0%

Summary: The Crystal Lake 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 133.3%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
51-80.0%

Asking Price vs. Sold Price

0 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 Crystal Lake, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Crystal Lake in November 2024, down by 80.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Crystal Lake, FL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
14 Days8 Days-42.9%

Summary: Homes in Crystal Lake had an average of 8 days on market in Nov 2024, down by 42.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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 Crystal Lake are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in Crystal Lake; 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 21 Days Ago

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