$3,539 Closing Credit*
$298,000
1,456 SqFt
2 Beds
•1 Full Bath
Teresa Pileggi, Listing Office: PILEGGI REAL ESTATE GROUP
Is Howey-in-the-Hills, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Howey-in-the-Hills was a Seller's Market.
Key Takeaway
Howey-in-the-Hills 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 Howey-in-the-Hills, FL
How much do homes in Howey-in-the-Hills, FL cost?
Median Sold Price
$290,499
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$124,500(-30.0%)
Key Takeaway
Homes in Howey-in-the-Hills have sold for 30% less than they did a year ago.
Summary: The median home sold price in Howey-in-the-Hills was $290,499 in November 2024, down 30% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $282.5K | $265K | -6.2% |
| 3 Bedrooms | $374.5K | $285.4K | -23.8% |
| 4 Bedrooms | $460K | $475.8K | +3.4% |
| 5+ Bedrooms | $530K | $571.5K | +7.8% |
Summary: Howey-in-the-Hills housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.2%, 3 bedroom homes decreased by 23.8%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 7.8%.
Median Sold Price Compared To Nearby Cities
| Howey-in-the-Hills-Okahumpka | $330K | $315.9K | -4.3% |
| Howey-in-the-Hills | $415K | $290.4K | -30.0% |
Housing Supply in Howey-in-the-Hills, FL
How many homes are available in Howey-in-the-Hills, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 42 | 48 | +14.3% |
Summary: The Howey-in-the-Hills real estate market had 48 homes for sale in November 2024, a 14.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 8 | +14.3% |
| 3 Bedrooms | 28 | 30 | +7.1% |
| 4 Bedrooms | 5 | 7 | +40.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Howey-in-the-Hills housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 8 | +33.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Howey-in-the-Hills, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Howey-in-the-Hills in November 2024, up by 33.3% month-over-month. Of the 8 sold homes, 75% were sold under asking, 13% were sold at asking, and 13% were sold over asking.
Days on Market for Howey-in-the-Hills, FL
How long does it take to sell a home in Howey-in-the-Hills, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 151 Days | 76 Days | -49.3% |
Summary: Homes in Howey-in-the-Hills had an average of 76 days on market in Nov 2024, down by 49.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Howey-in-the-Hills are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 8 homes were sold in Howey-in-the-Hills; 13% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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