$70,000
1.25 Acres
Land
Tahimi Rodriguez, Listing Office: CENTURY 21 CIRCLE
Is Dunnellon, 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, Dunnellon was a Seller's Market.
Key Takeaway
Dunnellon is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Dunnellon, FL
How much do homes in Dunnellon, FL cost?
Median Sold Price
$268,847
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$216(-0.1%)
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 $268,847 in November 2024, down 0.1% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $180K | $196.5K | +9.2% |
| 2 Bedrooms | $232.4K | $229.9K | -1.1% |
| 3 Bedrooms | $265K | $262K | -1.1% |
| 4 Bedrooms | $322.4K | $336.7K | +4.4% |
| 5+ Bedrooms | $365.5K | $714.9K | +95.6% |
Summary: Dunnellon housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.2%, 2 bedroom homes decreased by 1.1%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 95.6%.
Housing Supply in Dunnellon, FL
How many homes are available in Dunnellon, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 531 | 557 | +4.9% |
Summary: The Dunnellon real estate market had 557 homes for sale in November 2024, a 4.9% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 80 | 75 | -6.3% |
| 3 Bedrooms | 350 | 360 | +2.9% |
| 4 Bedrooms | 94 | 110 | +17.0% |
| 5+ Bedrooms | 6 | 11 | +83.3% |
Summary: The Dunnellon 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 6.3%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 17%, and 5+ bedroom homes increased by 83.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 94 | 71 | -24.5% |
Asking Price vs. Sold Price
33 Homes Were Sold
Under Asking
28 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dunnellon, you may be able to get a good deal. 46.5% of homes here sold below asking price last month.
Summary: A total of 71 homes were sold or pending in Dunnellon in November 2024, down by 24.5% month-over-month. Of the 71 sold homes, 46% were sold under asking, 39% were sold at asking, and 14% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 46 Days | 57 Days | +25.2% |
Summary: Homes in Dunnellon had an average of 57 days on market in Nov 2024, up by 25.2% compared to last year.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
26 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Dunnellon are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 71 homes were sold in Dunnellon; 42% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
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