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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ibis is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Ibis, FL

How much do homes in Ibis, FL cost?

Median Sold Price

$814,075

$321/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$143,575(+21.4%)

Key Takeaway

Homes in Ibis have sold for 21.4% more than they did a year ago.

Summary: The median home sold price in Ibis was $814,075 in October 2024, up 21.4% from last year, and the median price per square foot was $321.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $290K$534K
+84.1%
3 $637.7K$650K
+1.9%
4 $1.5M$1.9M
+28.1%
5+ $1.4M$2.0M
+36.5%

Summary: Ibis 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 84.1%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 28.1%, and 5+ bedroom homes increased by 36.5%.

Housing Supply in Ibis, FL

How many homes are available in Ibis, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4950+2.0%

Summary: The Ibis real estate market had 50 homes for sale in October 2024, a 2.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 44
0.0%
3 3131
0.0%
4 66
0.0%
5+ 89
+12.5%

Summary: The Ibis 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 12.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
93-66.7%

Asking Price vs. Sold Price

3 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 Ibis, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Ibis in October 2024, down by 66.7% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Ibis, FL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
117 Days40 Days-65.9%

Summary: Homes in Ibis had an average of 40 days on market in Oct 2024, down by 65.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were 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 Ibis are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in Ibis; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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

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