Is Fort Meade, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fort Meade is a buyer's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Fort Meade was a Seller's Market.

Key Takeaway

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

Housing Prices in Fort Meade, FL

How much do homes in Fort Meade, FL cost?

Median Sold Price

$240,000

$177/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$5,000(-2.0%)

Key Takeaway

Homes in Fort Meade have sold for 2% less than they did a year ago.

Summary: The median home sold price in Fort Meade was $240,000 in September 2024, down 2% from last year, and the median price per square foot was $177.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $130K$180K
+38.5%
3 $243.7K$239.9K
-1.5%
4 $296.2K$294.9K
-0.4%
5+ $253K$1.2M
+374.3%

Summary: Fort Meade housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 38.5%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes increased by 374.3%.

Housing Supply in Fort Meade, FL

How many homes are available in Fort Meade, FL?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
4553+17.8%

Summary: The Fort Meade real estate market had 53 homes for sale in September 2024, a 17.8% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 12
+100.0%
2 54
-20.0%
3 3136
+16.1%
4 69
+50.0%
5+ 22
0.0%

Summary: The Fort Meade housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 16.1%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fort Meade, 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 Fort Meade in September 2024, down by 20.0% 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 Fort Meade, FL

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

Average Sale Time

Sep 2023Sep 2024CHANGE
34 Days45 Days+31.8%

Summary: Homes in Fort Meade had an average of 45 days on market in Sep 2024, up by 31.8% 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

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Fort Meade has remained consistent over time.

Summary: During September 2024, 4 homes were sold in Fort Meade; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 29 Days Ago

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