$5,176 Closing Credit*
$435,900
1,811 SqFt
3 Beds
•2 Full Baths
Listing Office: The Nova Group Realty
Is East Leon, 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, East Leon was a Seller's Market.
Key Takeaway
East Leon is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in East Leon, FL
How much do homes in East Leon, FL cost?
Median Sold Price
$395,276
$218/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$6,248(+1.6%)
Key Takeaway
Homes in East Leon have sold for 1.6% more than they did a year ago.
Summary: The median home sold price in East Leon was $395,276 in November 2024, up 1.6% from last year, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $140K | $125K | -10.7% |
| 2 Bedrooms | $200K | $194K | -3.0% |
| 3 Bedrooms | $345K | $350K | +1.4% |
| 4 Bedrooms | $480K | $497.4K | +3.6% |
| 5+ Bedrooms | $757.6K | $756.3K | -0.2% |
Summary: East Leon housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.7%, 2 bedroom homes decreased by 3%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes decreased by 0.2%.
Median Sold Price Compared To Nearby Cities
| Tallahassee East | $208.5K | $237K | +13.7% |
| Tallahassee | $290.1K | $300K | +3.4% |
| Northeast Leon | $392.8K | $400K | +1.8% |
| East Leon | $389K | $395.2K | +1.6% |
| Southeast Leon | $411.2K | $399.9K | -2.8% |
Housing Supply in East Leon, FL
How many homes are available in East Leon, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 185 | 201 | +8.6% |
Summary: The East Leon real estate market had 201 homes for sale in November 2024, a 8.6% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 24 | 27 | +12.5% |
| 3 Bedrooms | 93 | 99 | +6.5% |
| 4 Bedrooms | 52 | 56 | +7.7% |
| 5+ Bedrooms | 16 | 18 | +12.5% |
Summary: The East Leon housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 38 | 27 | -28.9% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Leon, you may be able to get a good deal. 59.3% of homes here sold below asking price last month.
Summary: A total of 27 homes were sold or pending in East Leon in November 2024, down by 28.9% month-over-month. Of the 27 sold homes, 59% were sold under asking, 19% were sold at asking, and 22% were sold over asking.
Days on Market for East Leon, FL
How long does it take to sell a home in East Leon, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 62 Days | 72 Days | +16.1% |
Summary: Homes in East Leon had an average of 72 days on market in Nov 2024, up by 16.1% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in East Leon are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 27 homes were sold in East Leon; 41% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively 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 deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.