$1,781 Closing Credit*
$150,000
1,130 SqFt
2 Beds
•2 Full Baths
CHAD NEUMANN, Listing Office: CHAD AND SANDY REAL ESTATE GROUP
Is Empire Point, 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, Empire Point was a Buyer's Market.
Key Takeaway
Empire Point 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 Empire Point, FL
How much do homes in Empire Point, FL cost?
Median Sold Price
$162,000
$144/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$13,000(-7.4%)
Key Takeaway
Homes in Empire Point have sold for 7.4% less than they did a year ago.
Summary: The median home sold price in Empire Point was $162,000 in November 2024, down 7.4% from last year, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $144.9K | $122.5K | -15.5% |
| 2 Bedrooms | $146K | $151K | +3.4% |
| 3 Bedrooms | $329K | $325K | -1.2% |
| 4 Bedrooms | $328.5K | $274K | -16.6% |
| 5+ Bedrooms | $805K | $815K | +1.2% |
Summary: Empire Point housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.5%, 2 bedroom homes increased by 3.4%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes decreased by 16.6%, and 5+ bedroom homes increased by 1.2%.
Housing Supply in Empire Point, FL
How many homes are available in Empire Point, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 24 | +33.3% |
Summary: The Empire Point real estate market had 24 homes for sale in November 2024, a 33.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 7 | 8 | +14.3% |
| 3 Bedrooms | 4 | 7 | +75.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Empire Point 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 increased by 14.3%, 3 bedroom homes increased by 75%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 0 | 4 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Empire Point, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Empire Point in November 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Empire Point, FL
How long does it take to sell a home in Empire Point, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 21 Days | 38 Days | +82.1% |
Summary: Homes in Empire Point had an average of 38 days on market in Nov 2024, up by 82.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Empire Point has remained consistent over time.
Summary: During November 2024, 4 homes were sold in Empire Point; 25% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
