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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Graceville is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, Graceville has remained a Neutral Market.

Key Takeaway

Graceville 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 Graceville, FL

How much do homes in Graceville, FL cost?

Median Sold Price

$161,000

$120/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$46,500(-22.4%)

Key Takeaway

Homes in Graceville have sold for 22.4% less than they did a month ago.

Summary: The median home sold price in Graceville was $161,000 in October 2024, down 22.4% from last month, and the median price per square foot was $120.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $130K-
N/A
3 $164.5K$145.5K
-11.6%
4 -$161K
N/A
5+ $415K-
N/A

Summary: Graceville housing prices by bedroom type for October 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 11.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Graceville, FL

How many homes are available in Graceville, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2520-20.0%

Summary: The Graceville real estate market had 20 homes for sale in October 2024, a 20.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 1512
-20.0%
4 44
0.0%
5+ 32
-33.3%

Summary: The Graceville 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 33.3%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

1 Home Was 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 Graceville, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Graceville in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Graceville, FL

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

Average Sale Time

Sep 2024Oct 2024CHANGE
28 Days96 Days+233.9%

Summary: Homes in Graceville had an average of 96 days on market in Oct 2024, up by 233.9% compared to last month.

Breakdown of Home Sale Times

2 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

Many homes in Graceville are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in Graceville; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 22 Days Ago

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