Is Dundee, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dundee is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, Dundee has remained a Buyer's Market.

Key Takeaway

Dundee is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Dundee, FL

How much do homes in Dundee, FL cost?

Median Sold Price

$285,000

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$10,000(-3.4%)

Key Takeaway

Homes in Dundee have sold for 3.4% less than they did a year ago.

Summary: The median home sold price in Dundee was $285,000 in October 2024, down 3.4% from last year, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $142K-
N/A
2 $200K$265K
+32.5%
3 $279.9K$274K
-2.1%
4 $321.3K$310K
-3.5%
5+ $327.4K$322K
-1.7%

Summary: Dundee 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 increased by 32.5%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes decreased by 1.7%.

Median Sold Price Compared To Nearby Cities

Lake Hamilton
+9.6%
Winter Haven
-1.6%
Dundee
-3.4%

Housing Supply in Dundee, FL

How many homes are available in Dundee, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2834+21.4%

Summary: The Dundee real estate market had 34 homes for sale in October 2024, a 21.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 02
+100.0%
3 1718
+5.9%
4 910
+11.1%
5+ 24
+100.0%

Summary: The Dundee 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 increased by 100%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
330.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dundee, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Dundee in October 2024, the same as the previous month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Dundee, FL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
3 Days45 Days+1422.2%

Summary: Homes in Dundee had an average of 45 days on market in Oct 2024, up by 1422.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Dundee has remained consistent over time.

Summary: During October 2024, 3 homes were sold in Dundee; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% 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 16 Days Ago

Newest Listings in Dundee, FL

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