$2,149 Closing Credit*
$181,000
1,006 SqFt
2 Beds
•2 Full Baths
Igor Nikomarov, Listing Office: Matok Realty & Management Inc
Is Downtown Palm Coast, 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, Downtown Palm Coast was a Seller's Market.
Key Takeaway
Downtown Palm Coast is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Downtown Palm Coast, FL
How much do homes in Downtown Palm Coast, FL cost?
Median Sold Price
$278,000
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$25,990(-8.5%)
Key Takeaway
Homes in Downtown Palm Coast have sold for 8.5% less than they did a year ago.
Summary: The median home sold price in Downtown Palm Coast was $278,000 in November 2024, down 8.5% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $221K | $226.2K | +2.4% |
| 3 Bedrooms | $297K | $273.5K | -7.9% |
| 4 Bedrooms | $319K | $327.4K | +2.7% |
| 5+ Bedrooms | $383K | $354.6K | -7.4% |
Summary: Downtown Palm Coast 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 increased by 2.4%, 3 bedroom homes decreased by 7.9%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes decreased by 7.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Pine Grove - Belle Terre | $331.9K | $325K | -2.1% |
| Downtown Palm Coast | $303.9K | $278K | -8.5% |
Housing Supply in Downtown Palm Coast, FL
How many homes are available in Downtown Palm Coast, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 20 | -13.0% |
Summary: The Downtown Palm Coast real estate market had 20 homes for sale in November 2024, a 13.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 12 | 11 | -8.3% |
| 3 Bedrooms | 11 | 9 | -18.2% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Downtown Palm Coast 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 decreased by 8.3%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Downtown Palm Coast, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Downtown Palm Coast in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Downtown Palm Coast, FL
How long does it take to sell a home in Downtown Palm Coast, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 65 Days | 140 Days | +112.7% |
Summary: Homes in Downtown Palm Coast had an average of 140 days on market in Nov 2024, up by 112.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Downtown Palm Coast are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 2 homes were sold in Downtown Palm Coast; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
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