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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dunnellon is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Dunnellon has remained a Seller's Market.

Key Takeaway

Dunnellon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Dunnellon, FL

How much do homes in Dunnellon, FL cost?

Median Sold Price

$263,873

$182/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$73(0.0%)

Key Takeaway

The sold price of homes in Dunnellon has remained the same since last year.

Summary: The median home sold price in Dunnellon was $263,873 in October 2024, the same as last year, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $152.5K$196.5K
+28.9%
2 $229.5K$235K
+2.4%
3 $264.2K$258.9K
-2.0%
4 $300.6K$332.4K
+10.6%
5+ $350K$800K
+128.6%

Summary: Dunnellon housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 28.9%, 2 bedroom homes increased by 2.4%, 3 bedroom homes decreased by 2%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes increased by 128.6%.

Housing Supply in Dunnellon, FL

How many homes are available in Dunnellon, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
425439+3.3%

Summary: The Dunnellon real estate market had 439 homes for sale in October 2024, a 3.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 5760
+5.3%
3 294291
-1.0%
4 6780
+19.4%
5+ 57
+40.0%

Summary: The Dunnellon housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 5.3%, 3 bedroom homes decreased by 1%, 4 bedroom homes increased by 19.4%, and 5+ bedroom homes increased by 40%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
7278+8.3%

Asking Price vs. Sold Price

42 Homes Were Sold
Under Asking

27 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dunnellon, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.

Summary: A total of 78 homes were sold or pending in Dunnellon in October 2024, up by 8.3% month-over-month. Of the 78 sold homes, 54% were sold under asking, 35% were sold at asking, and 12% were sold over asking.

Days on Market for Dunnellon, FL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
53 Days73 Days+35.8%

Summary: Homes in Dunnellon had an average of 73 days on market in Oct 2024, up by 35.8% compared to last year.

Breakdown of Home Sale Times

32 Homes Were Sold
Under 30 Days

22 Homes Were Sold
In 30 - 90 Days

24 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Dunnellon are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 78 homes were sold in Dunnellon; 41% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 31% 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 20 Days Ago

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