$69,000
Land
Jack Padillo, Listing Office: RE/MAX Prestige Realty/RPB
Is Glades County, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Glades County was a Seller's Market.
Key Takeaway
Glades County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Glades County, FL
How much do homes in Glades County, FL cost?
Median Sold Price
$260,000
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$38,000(+17.1%)
Key Takeaway
Homes in Glades County have sold for 17.1% more than they did a year ago.
Summary: The median home sold price in Glades County was $260,000 in October 2024, up 17.1% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $62K | $80K | +29.0% |
| 2 Bedrooms | $162.5K | $363K | +123.4% |
| 3 Bedrooms | $223.5K | $260K | +16.3% |
| 4 Bedrooms | $610K | $337.5K | -44.7% |
| 5+ Bedrooms | - | $1.0M | N/A |
Summary: Glades County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 29%, 2 bedroom homes increased by 123.4%, 3 bedroom homes increased by 16.3%, 4 bedroom homes decreased by 44.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
| Glades County | $222K | $260K | +17.1% |
| Okeechobee County | $248.7K | $270K | +8.5% |
| Martin County | $464.5K | $482.6K | +3.9% |
| Highlands County | $264.9K | $270K | +1.9% |
| Hendry County | $311.9K | $300.6K | -3.6% |
Housing Supply in Glades County, FL
How many homes are available in Glades County, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 24 | 0.0% |
Summary: The Glades County real estate market had 24 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 9 | 8 | -11.1% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Glades County 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 remained the same, 3 bedroom homes decreased by 11.1%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 4 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Glades County, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Glades County in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Glades County, FL
How long does it take to sell a home in Glades County, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 47 Days | 98 Days | +106.3% |
Summary: Homes in Glades County had an average of 98 days on market in Oct 2024, up by 106.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Glades County are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 4 homes were sold in Glades County; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 75% of homes were sold over 90 days.
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