Is Fellowship, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fellowship is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, Fellowship has remained a Buyer's Market.

Key Takeaway

Fellowship is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Fellowship, FL

How much do homes in Fellowship, FL cost?

Median Sold Price

$304,160

$184/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$4,622(+1.5%)

Key Takeaway

Homes in Fellowship have sold for 1.5% more than they did a year ago.

Summary: The median home sold price in Fellowship was $304,160 in November 2024, up 1.5% from last year, and the median price per square foot was $184.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$196.5K
N/A
2 $249.5K$235.7K
-5.5%
3 $299.9K$313.9K
+4.7%
4 $349K$340K
-2.6%
5+ $357.4K$363.9K
+1.8%

Summary: Fellowship housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.5%, 3 bedroom homes increased by 4.7%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes increased by 1.8%.

Median Sold Price Compared To Nearby Cities

Morriston
+40.0%
Williston-Bronson
+4.1%
Ocala
+2.3%
Fellowship
+1.5%

Housing Supply in Fellowship, FL

How many homes are available in Fellowship, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
664684+3.0%

Summary: The Fellowship real estate market had 684 homes for sale in November 2024, a 3.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 268263
-1.9%
3 296319
+7.8%
4 9494
0.0%
5+ 68
+33.3%

Summary: The Fellowship 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 decreased by 1.9%, 3 bedroom homes increased by 7.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
10985-22.0%

Asking Price vs. Sold Price

56 Homes Were Sold
Under Asking

21 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fellowship, you may be able to get a good deal. 65.9% of homes here sold below asking price last month.

Summary: A total of 85 homes were sold or pending in Fellowship in November 2024, down by 22.0% month-over-month. Of the 85 sold homes, 66% were sold under asking, 25% were sold at asking, and 9% were sold over asking.

Days on Market for Fellowship, FL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
55 Days61 Days+10.8%

Summary: Homes in Fellowship had an average of 61 days on market in Nov 2024, up by 10.8% compared to last year.

Breakdown of Home Sale Times

30 Homes Were Sold
Under 30 Days

37 Homes Were Sold
In 30 - 90 Days

18 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Fellowship has remained consistent over time.

Summary: During November 2024, 85 homes were sold in Fellowship; 35% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 21% 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 22 Days Ago

Newest Listings in Fellowship, FL

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