$6,876 Closing Credit*
$579,000
1,631 SqFt
2 Beds
•1 Full Bath, 1 Partial
Bill Chavis, Listing Office: RE/MAX HORIZONS REALTY
Is East Hill, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, East Hill has remained a Seller's Market.
Key Takeaway
East Hill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in East Hill, FL
How much do homes in East Hill, FL cost?
Median Sold Price
$455,000
$284/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$32,500(-6.7%)
Key Takeaway
Homes in East Hill have sold for 6.7% less than they did a year ago.
Summary: The median home sold price in East Hill was $455,000 in October 2024, down 6.7% from last year, and the median price per square foot was $284.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $196.5K | - | N/A |
| 2 Bedrooms | $285.8K | $344K | +20.3% |
| 3 Bedrooms | $490K | $451.2K | -7.9% |
| 4 Bedrooms | $600K | $685K | +14.2% |
| 5+ Bedrooms | $972K | $779K | -19.9% |
Summary: East Hill 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 20.3%, 3 bedroom homes decreased by 7.9%, 4 bedroom homes increased by 14.2%, and 5+ bedroom homes decreased by 19.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Woodland Heights | $397K | $452.4K | +14.0% |
| East Hill | $487.5K | $455K | -6.7% |
| Eastmount | $183.5K | $165K | -10.1% |
Housing Supply in East Hill, FL
How many homes are available in East Hill, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 81 | 88 | +8.6% |
Summary: The East Hill real estate market had 88 homes for sale in October 2024, a 8.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 13 | 13 | 0.0% |
| 3 Bedrooms | 38 | 45 | +18.4% |
| 4 Bedrooms | 20 | 20 | 0.0% |
| 5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The East Hill housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 18.4%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 15 | +66.7% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Hill, you may be able to get a good deal. 64.3% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in East Hill in October 2024, up by 66.7% month-over-month. Of the 14 sold homes, 64% were sold under asking, 21% were sold at asking, and 14% were sold over asking.
Days on Market for East Hill, FL
How long does it take to sell a home in East Hill, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 38 Days | 88 Days | +132.5% |
Summary: Homes in East Hill had an average of 88 days on market in Oct 2024, up by 132.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in East Hill has remained consistent over time.
Summary: During October 2024, 15 homes were sold in East Hill; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. All rights reserved.
The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.