$6,531 Closing Credit*
$550,000
3,022 SqFt
4 Beds
•3 Full Baths
Christopher Gabbard, Listing Office: LPT REALTY
Is Downtown Tarpon Springs, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Downtown Tarpon Springs was a Buyer's Market.
Key Takeaway
Downtown Tarpon Springs 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 Downtown Tarpon Springs, FL
How much do homes in Downtown Tarpon Springs, FL cost?
Median Sold Price
$315,000
$259/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$17,500(-5.3%)
Key Takeaway
Homes in Downtown Tarpon Springs have sold for 5.3% less than they did a year ago.
Summary: The median home sold price in Downtown Tarpon Springs was $315,000 in October 2024, down 5.3% from last year, and the median price per square foot was $259.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $285K | $267.4K | -6.2% |
| 3 Bedrooms | $359.9K | $337.5K | -6.2% |
| 4 Bedrooms | $500K | $541.5K | +8.3% |
| 5+ Bedrooms | $480K | - | N/A |
Summary: Downtown Tarpon Springs housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.2%, 3 bedroom homes decreased by 6.2%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Tarpon Springs Historic District | $364.5K | $450K | +23.5% |
| Beckett Bay | $387K | $426K | +10.1% |
| Downtown Tarpon Springs | $332.5K | $315K | -5.3% |
Housing Supply in Downtown Tarpon Springs, FL
How many homes are available in Downtown Tarpon Springs, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Summary: The Downtown Tarpon Springs real estate market had 6 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Downtown Tarpon Springs 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 remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Downtown Tarpon Springs, 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 Downtown Tarpon Springs in October 2024, the same as the previous 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 Downtown Tarpon Springs, FL
How long does it take to sell a home in Downtown Tarpon Springs, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 3 Days | 51 Days | +1600.0% |
Summary: Homes in Downtown Tarpon Springs had an average of 51 days on market in Oct 2024, up by 1600% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Downtown Tarpon Springs has remained consistent over time.
Summary: During October 2024, 1 homes were sold in Downtown Tarpon Springs; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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