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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hypoluxo is a buyer's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Hypoluxo was a Seller's Market.

Key Takeaway

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

Housing Prices in Hypoluxo, FL

How much do homes in Hypoluxo, FL cost?

Median Sold Price

$395,000

$286/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$50,000(+14.5%)

Key Takeaway

Homes in Hypoluxo have sold for 14.5% more than they did a year ago.

Summary: The median home sold price in Hypoluxo was $395,000 in September 2024, up 14.5% from last year, and the median price per square foot was $286.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $269.9K-
N/A
2 $314K$302.5K
-3.7%
3 $537K$533.4K
-0.7%
4 $727.5K-
N/A
5+ $2.4M$1.7M
-25.8%

Summary: Hypoluxo housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.7%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 25.8%.

Median Sold Price Compared To Nearby Cities

Hypoluxo
+14.5%
Boynton Beach
+6.4%
Boynton Beach-Delray Beach
+5.6%
Lantana
+5.0%

Housing Supply in Hypoluxo, FL

How many homes are available in Hypoluxo, FL?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
4853+10.4%

Summary: The Hypoluxo real estate market had 53 homes for sale in September 2024, a 10.4% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 01
+100.0%
2 3334
+3.0%
3 1517
+13.3%
4 01
+100.0%
5+ 00
0.0%

Summary: The Hypoluxo housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 3%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hypoluxo, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Hypoluxo in September 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Hypoluxo, FL

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

Average Sale Time

Sep 2023Sep 2024CHANGE
72 Days61 Days-15.3%

Summary: Homes in Hypoluxo had an average of 61 days on market in Sep 2024, down by 15.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 2 homes were sold in Hypoluxo; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 29 Days Ago

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