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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fossil Park is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Fossil Park was a Seller's Market.

Key Takeaway

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

Housing Prices in Fossil Park, FL

How much do homes in Fossil Park, FL cost?

Median Sold Price

$323,000

$296/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$54,500(-14.4%)

Key Takeaway

Homes in Fossil Park have sold for 14.4% less than they did a year ago.

Summary: The median home sold price in Fossil Park was $323,000 in October 2024, down 14.4% from last year, and the median price per square foot was $296.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $263.5K$114K
-56.7%
2 $332.5K$307.5K
-7.5%
3 $420K$375K
-10.7%
4 $395K$350K
-11.4%
5+ $611K$650K
+6.4%

Summary: Fossil Park housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 56.7%, 2 bedroom homes decreased by 7.5%, 3 bedroom homes decreased by 10.7%, 4 bedroom homes decreased by 11.4%, and 5+ bedroom homes increased by 6.4%.

Median Sold Price Compared To Nearby Neighborhoods

Riviera Bay
+11.6%
Fossil Park
-14.4%

Housing Supply in Fossil Park, FL

How many homes are available in Fossil Park, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2421-12.5%

Summary: The Fossil Park real estate market had 21 homes for sale in October 2024, a 12.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 108
-20.0%
3 109
-10.0%
4 33
0.0%
5+ 00
0.0%

Summary: The Fossil Park housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
31-66.7%

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 Fossil Park, 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 Fossil Park in October 2024, down by 66.7% 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 Fossil Park, FL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
8 Days189 Days+2204.9%

Summary: Homes in Fossil Park had an average of 189 days on market in Oct 2024, up by 2204.9% 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 Fossil Park 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 Fossil Park; 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 21 Days Ago

Newest Listings in Fossil Park, FL

Nearby Markets to Fossil Park, FL