Is Gilchrist County, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gilchrist County is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Gilchrist County was a Buyer's Market.

Key Takeaway

Gilchrist County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Gilchrist County, FL

How much do homes in Gilchrist County, FL cost?

Median Sold Price

$270,000

$205/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$11,000(+4.2%)

Key Takeaway

Homes in Gilchrist County have sold for 4.2% more than they did a month ago.

Summary: The median home sold price in Gilchrist County was $270,000 in November 2024, up 4.2% from last month, and the median price per square foot was $205.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $199.5K$199.5K
0.0%
3 $373.7K$270K
-27.8%
4 $233K$338.2K
+45.2%
5+ --
N/A

Summary: Gilchrist County 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 27.8%, 4 bedroom homes increased by 45.2%, and 5+ bedroom homes did not change.

Housing Supply in Gilchrist County, FL

How many homes are available in Gilchrist County, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3936-7.7%

Summary: The Gilchrist County real estate market had 36 homes for sale in November 2024, a 7.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 75
-28.6%
3 2322
-4.3%
4 88
0.0%
5+ 11
0.0%

Summary: The Gilchrist County 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 28.6%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
47+75.0%

Asking Price vs. Sold Price

1 Home Was 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 Gilchrist County, expect to pay close to the asking price. 71.4% of homes here sold near the asking price last month.

Summary: A total of 7 homes were sold or pending in Gilchrist County in November 2024, up by 75.0% month-over-month. Of the 7 sold homes, 14% were sold under asking, 71% were sold at asking, and 14% were sold over asking.

Days on Market for Gilchrist County, FL

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

Average Sale Time

Oct 2024Nov 2024CHANGE
81 Days220 Days+171.1%

Summary: Homes in Gilchrist County had an average of 220 days on market in Nov 2024, up by 171.1% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 7 homes were sold in Gilchrist County; 29% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 71% 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 Gilchrist County, FL

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