$24,500
1.13 Acres
Land
James Stup, Listing Office: PALM COAST REAL ESTATE COMPANY
Is Interlachen-Florahome, 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, Interlachen-Florahome was a Seller's Market.
Key Takeaway
Interlachen-Florahome is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Interlachen-Florahome, FL
How much do homes in Interlachen-Florahome, FL cost?
Median Sold Price
$240,000
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$10,000(+4.3%)
Key Takeaway
Homes in Interlachen-Florahome have sold for 4.3% more than they did a year ago.
Summary: The median home sold price in Interlachen-Florahome was $240,000 in November 2024, up 4.3% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $237.4K | $246K | +3.6% |
| 2 Bedrooms | $199.5K | $215K | +7.8% |
| 3 Bedrooms | $235.1K | $240K | +2.1% |
| 4 Bedrooms | $382.5K | $355K | -7.2% |
| 5+ Bedrooms | $237K | $597.5K | +152.1% |
Summary: Interlachen-Florahome housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.6%, 2 bedroom homes increased by 7.8%, 3 bedroom homes increased by 2.1%, 4 bedroom homes decreased by 7.2%, and 5+ bedroom homes increased by 152.1%.
Median Sold Price Compared To Nearby Cities
| Melrose | $270K | $309K | +14.4% |
| Interlachen | $185K | $210K | +13.5% |
| Satsuma | $219.9K | $242.5K | +10.3% |
| Interlachen-Florahome | $230K | $240K | +4.3% |
| Palatka | $223.3K | $215K | -3.7% |
Housing Supply in Interlachen-Florahome, FL
How many homes are available in Interlachen-Florahome, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 146 | 145 | -0.7% |
Summary: The Interlachen-Florahome real estate market had 145 homes for sale in November 2024, a 0.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 4 | +100.0% |
| 2 Bedrooms | 35 | 33 | -5.7% |
| 3 Bedrooms | 86 | 83 | -3.5% |
| 4 Bedrooms | 18 | 20 | +11.1% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Interlachen-Florahome housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 5.7%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 17 | +13.3% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Interlachen-Florahome, you may be able to get a good deal. 82.4% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Interlachen-Florahome in November 2024, up by 13.3% month-over-month. Of the 17 sold homes, 82% were sold under asking, 12% were sold at asking, and 6% were sold over asking.
Days on Market for Interlachen-Florahome, FL
How long does it take to sell a home in Interlachen-Florahome, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 62 Days | 66 Days | +6.6% |
Summary: Homes in Interlachen-Florahome had an average of 66 days on market in Nov 2024, up by 6.6% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Interlachen-Florahome are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 17 homes were sold in Interlachen-Florahome; 47% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 35% of homes were sold over 90 days.
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