Is Florida Center, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Florida Center is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Florida Center was a Seller's Market.

Key Takeaway

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

Housing Prices in Florida Center, FL

How much do homes in Florida Center, FL cost?

Median Sold Price

$445,000

$251/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$14,000(+3.2%)

Key Takeaway

Homes in Florida Center have sold for 3.2% more than they did a year ago.

Summary: The median home sold price in Florida Center was $445,000 in October 2024, up 3.2% from last year, and the median price per square foot was $251.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $165K$196.9K
+19.4%
2 $282.5K$292K
+3.4%
3 $480K$487.5K
+1.6%
4 $675K$665K
-1.5%
5+ $767.5K$1.6M
+108.5%

Summary: Florida Center housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.4%, 2 bedroom homes increased by 3.4%, 3 bedroom homes increased by 1.6%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes increased by 108.5%.

Median Sold Price Compared To Nearby Neighborhoods

Oak Ridge
+12.5%
Florida Center
+3.2%

Housing Supply in Florida Center, FL

How many homes are available in Florida Center, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1823+27.8%

Summary: The Florida Center real estate market had 23 homes for sale in October 2024, a 27.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 56
+20.0%
2 79
+28.6%
3 68
+33.3%
4 00
0.0%
5+ 00
0.0%

Summary: The Florida Center housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 28.6%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Florida Center, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Florida Center in October 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Florida Center, FL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
24 Days97 Days+304.2%

Summary: Homes in Florida Center had an average of 97 days on market in Oct 2024, up by 304.2% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Florida Center are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 1 homes were sold in Florida Center; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 14 Days Ago

Newest Listings in Florida Center, FL

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