Is Hendry County, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hendry County is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, Hendry County has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Hendry County, FL

How much do homes in Hendry County, FL cost?

Median Sold Price

$300,600

$201/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$11,323(-3.6%)

Key Takeaway

Homes in Hendry County have sold for 3.6% less than they did a year ago.

Summary: The median home sold price in Hendry County was $300,600 in October 2024, down 3.6% from last year, and the median price per square foot was $201.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $155K$152.5K
-1.6%
2 $230K$213K
-7.4%
3 $320.8K$303.7K
-5.3%
4 $322.9K$319.9K
-0.9%
5+ $1.1M$340K
-69.4%

Summary: Hendry County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.6%, 2 bedroom homes decreased by 7.4%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes decreased by 69.4%.

Median Sold Price Compared To Nearby Counties

Glades County
+17.1%
Palm Beach County
+9.4%
Okeechobee County
+8.5%
Collier County
+3.0%
Hendry County
-3.6%

Housing Supply in Hendry County, FL

How many homes are available in Hendry County, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
373363-2.7%

Summary: The Hendry County real estate market had 363 homes for sale in October 2024, a 2.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 4041
+2.5%
3 201203
+1.0%
4 10796
-10.3%
5+ 2321
-8.7%

Summary: The Hendry 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 increased by 2.5%, 3 bedroom homes increased by 1%, 4 bedroom homes decreased by 10.3%, and 5+ bedroom homes decreased by 8.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4531-31.1%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hendry County, you may be able to get a good deal. 48.4% of homes here sold below asking price last month.

Summary: A total of 31 homes were sold or pending in Hendry County in October 2024, down by 31.1% month-over-month. Of the 31 sold homes, 48% were sold under asking, 32% were sold at asking, and 19% were sold over asking.

Days on Market for Hendry County, FL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
43 Days79 Days+83.5%

Summary: Homes in Hendry County had an average of 79 days on market in Oct 2024, up by 83.5% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 31 homes were sold in Hendry County; 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 20 Days Ago

Newest Listings in Hendry County, FL

Nearby Markets to Hendry County, FL

What housing markets are near Hendry County, FL?