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 November 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

$343,366

$201/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$13,376(+4.1%)

Key Takeaway

Homes in Dade City have sold for 4.1% more than they did a year ago.

Summary: The median home sold price in Dade City was $343,366 in November 2024, up 4.1% from last year, and the median price per square foot was $201.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $37.4K$97K
+158.7%
2 $202K$202.4K
0.2%
3 $310.6K$316.8K
+2.0%
4 $360K$425K
+18.1%
5+ $374.9K$468.6K
+25.0%

Summary: Dade City housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 158.7%, 2 bedroom homes increased by 0.2%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 18.1%, and 5+ bedroom homes increased by 25%.

Median Sold Price Compared To Nearby Cities

Dade City
+4.1%
Central Pasco
+1.4%

Housing Supply in Dade City, FL

How many homes are available in Dade City, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
237226-4.6%

Summary: The Dade City real estate market had 226 homes for sale in November 2024, a 4.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1622
+37.5%
3 111112
+0.9%
4 8471
-15.5%
5+ 2621
-19.2%

Summary: The Dade City 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 37.5%, 3 bedroom homes increased by 0.9%, 4 bedroom homes decreased by 15.5%, and 5+ bedroom homes decreased by 19.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4134-17.1%

Asking Price vs. Sold Price

24 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

4 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. 70.6% of homes here sold below asking price last month.

Summary: A total of 34 homes were sold or pending in Dade City in November 2024, down by 17.1% month-over-month. Of the 34 sold homes, 71% were sold under asking, 18% were sold at asking, and 12% 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

Nov 2023Nov 2024CHANGE
58 Days110 Days+88.5%

Summary: Homes in Dade City had an average of 110 days on market in Nov 2024, up by 88.5% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

16 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 34 homes were sold in Dade City; 21% of homes were sold within 30 days, 29% 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 21 Days Ago

Newest Listings in Dade City, FL

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