Is Forest Park Heights, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Forest Park Heights is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Forest Park Heights was a Seller's Market.

Key Takeaway

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

Housing Prices in Forest Park Heights, FL

How much do homes in Forest Park Heights, FL cost?

Median Sold Price

$346,000

$304/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$104,000(-23.1%)

Key Takeaway

Homes in Forest Park Heights have sold for 23.1% less than they did a month ago.

Summary: The median home sold price in Forest Park Heights was $346,000 in November 2024, down 23.1% from last month, and the median price per square foot was $304.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $351.5K-
N/A
3 $500K$346K
-30.8%
4 --
N/A
5+ $650K-
N/A

Summary: Forest Park Heights housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 30.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Forest Park Heights, FL

How many homes are available in Forest Park Heights, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2824-14.3%

Summary: The Forest Park Heights real estate market had 24 homes for sale in November 2024, a 14.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 65
-16.7%
3 1311
-15.4%
4 77
0.0%
5+ 10
-100.0%

Summary: The Forest Park Heights 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 16.7%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
71-85.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Forest Park Heights, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Forest Park Heights in November 2024, down by 85.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Forest Park Heights, FL

How long does it take to sell a home in Forest Park Heights, FL?

Average Sale Time

Oct 2024Nov 2024CHANGE
23 Days224 Days+850.3%

Summary: Homes in Forest Park Heights had an average of 224 days on market in Nov 2024, up by 850.3% compared to last month.

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 Forest Park Heights are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 1 homes were sold in Forest Park Heights; 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 22 Days Ago

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