Is Durbin Crossing, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Durbin Crossing is a neutral's market

Buyer's
Market

Difference Since October 2023

Since last year, Durbin Crossing has remained a Neutral Market.

Key Takeaway

Durbin Crossing 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 Durbin Crossing, FL

How much do homes in Durbin Crossing, FL cost?

Median Sold Price

$524,799

$214/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$24,200(-4.4%)

Key Takeaway

Homes in Durbin Crossing have sold for 4.4% less than they did a year ago.

Summary: The median home sold price in Durbin Crossing was $524,799 in October 2024, down 4.4% from last year, and the median price per square foot was $214.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $280K$289K
+3.2%
3 $359K$360K
0.3%
4 $575K$525K
-8.7%
5+ $735K$723.5K
-1.6%

Summary: Durbin Crossing 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 3.2%, 3 bedroom homes increased by 0.3%, 4 bedroom homes decreased by 8.7%, and 5+ bedroom homes decreased by 1.6%.

Housing Supply in Durbin Crossing, FL

How many homes are available in Durbin Crossing, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3332-3.0%

Summary: The Durbin Crossing real estate market had 32 homes for sale in October 2024, a 3.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 55
0.0%
3 1312
-7.7%
4 78
+14.3%
5+ 87
-12.5%

Summary: The Durbin Crossing 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 7.7%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

5 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 Durbin Crossing, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Durbin Crossing in October 2024, up by 25.0% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Durbin Crossing, FL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
47 Days79 Days+66.2%

Summary: Homes in Durbin Crossing had an average of 79 days on market in Oct 2024, up by 66.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Durbin Crossing are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 5 homes were sold in Durbin Crossing; 20% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 60% 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 21 Days Ago

Newest Listings in Durbin Crossing, FL

Nearby Markets to Durbin Crossing, FL