Is East Milton, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Milton is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in East Milton, FL

How much do homes in East Milton, FL cost?

Median Sold Price

$326,785

$170/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$22,539(-6.5%)

Key Takeaway

Homes in East Milton have sold for 6.5% less than they did a year ago.

Summary: The median home sold price in East Milton was $326,785 in October 2024, down 6.5% from last year, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $150K-
N/A
2 $227.4K$175K
-23.1%
3 $330K$307.9K
-6.7%
4 $360K$333.9K
-7.3%
5+ $381K$383.9K
+0.7%

Summary: East Milton 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 decreased by 23.1%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes decreased by 7.3%, and 5+ bedroom homes increased by 0.7%.

Median Sold Price Compared To Nearby Cities

Skyline
+3.9%
Milton
-0.8%
East Milton
-6.5%

Housing Supply in East Milton, FL

How many homes are available in East Milton, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
107101-5.6%

Summary: The East Milton real estate market had 101 homes for sale in October 2024, a 5.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 3843
+13.2%
4 5344
-17.0%
5+ 1513
-13.3%

Summary: The East Milton 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 increased by 13.2%, 4 bedroom homes decreased by 17%, and 5+ bedroom homes decreased by 13.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1823+27.8%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Milton, you may be able to get a good deal. 59.1% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in East Milton in October 2024, up by 27.8% month-over-month. Of the 22 sold homes, 59% were sold under asking, 32% were sold at asking, and 9% were sold over asking.

Days on Market for East Milton, FL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
72 Days91 Days+25.7%

Summary: Homes in East Milton had an average of 91 days on market in Oct 2024, up by 25.7% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 23 homes were sold in East Milton; 43% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 39% 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 17 Days Ago

Newest Listings in East Milton, FL

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