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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Halifax is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Halifax was a Buyer's Market.

Key Takeaway

Halifax 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 Halifax, FL

How much do homes in Halifax, FL cost?

Median Sold Price

$513,990

$231/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$8,000(+1.6%)

Key Takeaway

Homes in Halifax have sold for 1.6% more than they did a year ago.

Summary: The median home sold price in Halifax was $513,990 in October 2024, up 1.6% from last year, and the median price per square foot was $231.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $356.1K$393.5K
+10.5%
3 $489.9K$499.9K
+2.0%
4 $521.9K$552.5K
+5.8%
5+ -$826.6K
N/A

Summary: Halifax housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes did not change.

Housing Supply in Halifax, FL

How many homes are available in Halifax, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4744-6.4%

Summary: The Halifax real estate market had 44 homes for sale in October 2024, a 6.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 33
0.0%
3 2422
-8.3%
4 1615
-6.3%
5+ 44
0.0%

Summary: The Halifax 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 8.3%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
87-12.5%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Halifax, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Halifax in October 2024, down by 12.5% month-over-month. Of the 7 sold homes, 71% were sold under asking, 29% were sold at asking, and 0% were sold over asking.

Days on Market for Halifax, FL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
119 Days97 Days-18.2%

Summary: Homes in Halifax had an average of 97 days on market in Oct 2024, down by 18.2% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 7 homes were sold in Halifax; 43% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 43% 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 23 Days Ago

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