$175,000
40.00 Acres
Land
Tammy S Kendziorski, Listing Office: Team Walton Real Estate Professionals
Is Holmes County, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Holmes County has remained a Buyer's Market.
Key Takeaway
Holmes County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Holmes County, FL
How much do homes in Holmes County, FL cost?
Median Sold Price
$220,000
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$30,000(+15.8%)
Key Takeaway
Homes in Holmes County have sold for 15.8% more than they did a year ago.
Summary: The median home sold price in Holmes County was $220,000 in October 2024, up 15.8% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $157.5K | $115K | -27.0% |
| 2 Bedrooms | $164K | $144.9K | -11.6% |
| 3 Bedrooms | $190K | $225K | +18.4% |
| 4 Bedrooms | $220K | $304.5K | +38.4% |
| 5+ Bedrooms | $600K | $235K | -60.8% |
Summary: Holmes County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 27%, 2 bedroom homes decreased by 11.6%, 3 bedroom homes increased by 18.4%, 4 bedroom homes increased by 38.4%, and 5+ bedroom homes decreased by 60.8%.
Median Sold Price Compared To Nearby Counties
| Holmes County | $190K | $220K | +15.8% |
| Washington County | $231K | $239.9K | +3.9% |
| Walton County | $584.9K | $602.9K | +3.1% |
| Jackson County | $200K | $202.6K | +1.3% |
Housing Supply in Holmes County, FL
How many homes are available in Holmes County, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 56 | 65 | +16.1% |
Summary: The Holmes County real estate market had 65 homes for sale in October 2024, a 16.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 8 | 10 | +25.0% |
| 3 Bedrooms | 32 | 39 | +21.9% |
| 4 Bedrooms | 12 | 12 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Holmes 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 25%, 3 bedroom homes increased by 21.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Holmes County, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Holmes County in October 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Holmes County, FL
How long does it take to sell a home in Holmes County, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 20 Days | 176 Days | +780.0% |
Summary: Homes in Holmes County had an average of 176 days on market in Oct 2024, up by 780% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Holmes County are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 2 homes were sold in Holmes County; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
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