Is Haines City, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Haines City was a Seller's Market.
Key Takeaway
Haines City 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 Haines City, FL
How much do homes in Haines City, FL cost?
Median Sold Price
$325,000
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Haines City have sold for 1.5% less than they did a year ago.
Summary: The median home sold price in Haines City was $325,000 in May 2024, down 1.5% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $128K | $124K | -3.1% |
| 2 Bedrooms | $206.5K | $215K | +4.1% |
| 3 Bedrooms | $307.9K | $315K | +2.3% |
| 4 Bedrooms | $355K | $349.3K | -1.6% |
| 5+ Bedrooms | $422.3K | $395.1K | -6.4% |
Summary: Haines City housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.1%, 2 bedroom homes increased by 4.1%, 3 bedroom homes increased by 2.3%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes decreased by 6.4%.
Median Sold Price Compared To Nearby Cities
| Davenport | $378.9K | $379.9K | 0.3% |
| Haines City | $330K | $325K | -1.5% |
| Winter Haven-Auburndale | $304.4K | $299.8K | -1.5% |
Housing Supply in Haines City, FL
How many homes are available in Haines City, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 702 | 765 | +9.0% |
Summary: The Haines City real estate market had 765 homes for sale in May 2024, a 9.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 9 | 0.0% |
| 2 Bedrooms | 62 | 71 | +14.5% |
| 3 Bedrooms | 251 | 265 | +5.6% |
| 4 Bedrooms | 320 | 353 | +10.3% |
| 5+ Bedrooms | 60 | 67 | +11.7% |
Summary: The Haines City housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.5%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes increased by 11.7%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 78 | 111 | +42.3% |
Asking Price vs. Sold Price
55 Homes Were Sold
Under Asking
49 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Haines City, you may be able to get a good deal. 49.5% of homes here sold below asking price last month.
Summary: A total of 111 homes were sold or pending in Haines City in May 2024, up by 42.3% month-over-month. Of the 111 sold homes, 50% were sold under asking, 44% were sold at asking, and 6% were sold over asking.
Days on Market for Haines City, FL
How long does it take to sell a home in Haines City, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 62 Days | 81 Days | +30.4% |
Summary: Homes in Haines City had an average of 81 days on market in May 2024, up by 30.4% compared to last year.
Breakdown of Home Sale Times
34 Homes Were Sold
Under 30 Days
37 Homes Were Sold
In 30 - 90 Days
40 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Haines City are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During May 2024, 111 homes were sold in Haines City; 31% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.
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