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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Frostproof is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Frostproof, FL

How much do homes in Frostproof, FL cost?

Median Sold Price

$200,000

$170/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$40,000(-16.7%)

Key Takeaway

Homes in Frostproof have sold for 16.7% less than they did a year ago.

Summary: The median home sold price in Frostproof was $200,000 in November 2024, down 16.7% from last year, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $151.5K$130.9K
-13.6%
2 $165K$151K
-8.5%
3 $252.4K$255K
+1.0%
4 $299K$280K
-6.4%
5+ $266K$640K
+140.6%

Summary: Frostproof housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.6%, 2 bedroom homes decreased by 8.5%, 3 bedroom homes increased by 1%, 4 bedroom homes decreased by 6.4%, and 5+ bedroom homes increased by 140.6%.

Housing Supply in Frostproof, FL

How many homes are available in Frostproof, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5558+5.5%

Summary: The Frostproof real estate market had 58 homes for sale in November 2024, a 5.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 97
-22.2%
3 3438
+11.8%
4 910
+11.1%
5+ 33
0.0%

Summary: The Frostproof 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 22.2%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
28+300.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Frostproof, expect to pay close to the asking price. 62.5% of homes here sold near the asking price last month.

Summary: A total of 8 homes were sold or pending in Frostproof in November 2024, up by 300.0% month-over-month. Of the 8 sold homes, 25% were sold under asking, 63% were sold at asking, and 13% were sold over asking.

Days on Market for Frostproof, FL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
40 Days72 Days+79.6%

Summary: Homes in Frostproof had an average of 72 days on market in Nov 2024, up by 79.6% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 8 homes were sold in Frostproof; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 38% 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 17 Days Ago

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