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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greenacres is a buyer's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

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

Housing Prices in Greenacres, FL

How much do homes in Greenacres, FL cost?

Median Sold Price

$318,862

$230/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$41,933(+15.1%)

Key Takeaway

Homes in Greenacres have sold for 15.1% more than they did a year ago.

Summary: The median home sold price in Greenacres was $318,862 in December 2024, up 15.1% from last year, and the median price per square foot was $230.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $140K$145K
+3.6%
2 $224.1K$245.2K
+9.4%
3 $350K$375.9K
+7.4%
4 $527.5K$549.5K
+4.2%
5+ $574.5K$622.5K
+8.4%

Summary: Greenacres housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.6%, 2 bedroom homes increased by 9.4%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 8.4%.

Housing Supply in Greenacres, FL

How many homes are available in Greenacres, FL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
256296+15.6%

Summary: The Greenacres real estate market had 296 homes for sale in December 2024, a 15.6% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 711
+57.1%
2 153171
+11.8%
3 7486
+16.2%
4 1621
+31.3%
5+ 67
+16.7%

Summary: The Greenacres housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 57.1%, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 16.2%, 4 bedroom homes increased by 31.3%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
2219-13.6%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greenacres, you may be able to get a good deal. 73.7% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Greenacres in December 2024, down by 13.6% month-over-month. Of the 19 sold homes, 74% were sold under asking, 21% were sold at asking, and 5% were sold over asking.

Days on Market for Greenacres, FL

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

Average Sale Time

Dec 2023Dec 2024CHANGE
29 Days73 Days+144.1%

Summary: Homes in Greenacres had an average of 73 days on market in Dec 2024, up by 144.1% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 19 homes were sold in Greenacres; 42% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 32% 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 4 Days Ago

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