$3,978 Closing Credit*
$335,000
1,665 SqFt
4 Beds
•3 Full Baths
Katherine Stobb, Listing Office: Eventide Realty Services LLC
Is Diplomat, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Diplomat was a Seller's Market.
Key Takeaway
Diplomat is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Diplomat, FL
How much do homes in Diplomat, FL cost?
Median Sold Price
$366,207
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$11,207(+3.2%)
Key Takeaway
Homes in Diplomat have sold for 3.2% more than they did a year ago.
Summary: The median home sold price in Diplomat was $366,207 in November 2024, up 3.2% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $210K | - | N/A |
| 2 Bedrooms | $269.9K | $213.5K | -20.9% |
| 3 Bedrooms | $349.9K | $340K | -2.8% |
| 4 Bedrooms | $393.9K | $383K | -2.8% |
| 5+ Bedrooms | $430K | $562.5K | +30.8% |
Summary: Diplomat 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 20.9%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes increased by 30.8%.
Housing Supply in Diplomat, FL
How many homes are available in Diplomat, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 308 | 333 | +8.1% |
Summary: The Diplomat real estate market had 333 homes for sale in November 2024, a 8.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 5 | 8 | +60.0% |
| 3 Bedrooms | 176 | 184 | +4.5% |
| 4 Bedrooms | 121 | 133 | +9.9% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Diplomat housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 60%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 24 | 28 | +16.7% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Diplomat, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 28 homes were sold or pending in Diplomat in November 2024, up by 16.7% month-over-month. Of the 28 sold homes, 57% were sold under asking, 21% were sold at asking, and 21% were sold over asking.
Days on Market for Diplomat, FL
How long does it take to sell a home in Diplomat, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 55 Days | 89 Days | +62.7% |
Summary: Homes in Diplomat had an average of 89 days on market in Nov 2024, up by 62.7% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Diplomat are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 28 homes were sold in Diplomat; 29% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.