Is Dade City, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dade City is a neutral's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Dade City 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 Dade City, FL

How much do homes in Dade City, FL cost?

Median Sold Price

$338,993

$200/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$9,003(+2.7%)

Key Takeaway

Homes in Dade City have sold for 2.7% more than they did a year ago.

Summary: The median home sold price in Dade City was $338,993 in October 2024, up 2.7% from last year, and the median price per square foot was $200.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $37.4K$97K
+158.7%
2 $215K$191.9K
-10.7%
3 $312.3K$314.8K
+0.8%
4 $360.3K$411.5K
+14.2%
5+ $377K$464.2K
+23.1%

Summary: Dade City housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 158.7%, 2 bedroom homes decreased by 10.7%, 3 bedroom homes increased by 0.8%, 4 bedroom homes increased by 14.2%, and 5+ bedroom homes increased by 23.1%.

Median Sold Price Compared To Nearby Cities

Dade City
+2.7%
Central Pasco
+1.7%

Housing Supply in Dade City, FL

How many homes are available in Dade City, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
274232-15.3%

Summary: The Dade City real estate market had 232 homes for sale in October 2024, a 15.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 2016
-20.0%
3 129110
-14.7%
4 9479
-16.0%
5+ 3127
-12.9%

Summary: The Dade City 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 decreased by 20%, 3 bedroom homes decreased by 14.7%, 4 bedroom homes decreased by 16%, and 5+ bedroom homes decreased by 12.9%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
5035-30.0%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dade City, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 35 homes were sold or pending in Dade City in October 2024, down by 30.0% month-over-month. Of the 35 sold homes, 43% were sold under asking, 40% were sold at asking, and 17% were sold over asking.

Days on Market for Dade City, FL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
30 Days45 Days+47.2%

Summary: Homes in Dade City had an average of 45 days on market in Oct 2024, up by 47.2% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 35 homes were sold in Dade City; 43% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 20% 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 20 Days Ago

Newest Listings in Dade City, FL

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