Is Interlachen-Florahome, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Interlachen-Florahome is a buyer's market

Buyer's
Market

Difference Since October 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

$235,000

$178/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$300(-0.1%)

Key Takeaway

The sold price of homes in Interlachen-Florahome has remained the same since last year.

Summary: The median home sold price in Interlachen-Florahome was $235,000 in October 2024, down 0.1% from last year, and the median price per square foot was $178.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $250K$211K
-15.6%
2 $200K$212.5K
+6.3%
3 $237.6K$235K
-1.1%
4 $387.5K$355K
-8.4%
5+ $258.5K$280K
+8.3%

Summary: Interlachen-Florahome housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.6%, 2 bedroom homes increased by 6.3%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes decreased by 8.4%, and 5+ bedroom homes increased by 8.3%.

Median Sold Price Compared To Nearby Cities

Melrose
+14.4%
Interlachen-Florahome
-0.1%
Interlachen
-1.5%
Palatka
-1.8%

Housing Supply in Interlachen-Florahome, FL

How many homes are available in Interlachen-Florahome, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
134142+6.0%

Summary: The Interlachen-Florahome real estate market had 142 homes for sale in October 2024, a 6.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 42
-50.0%
2 3132
+3.2%
3 7884
+7.7%
4 1718
+5.9%
5+ 46
+50.0%

Summary: The Interlachen-Florahome housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
14140.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Interlachen-Florahome, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Interlachen-Florahome in October 2024, the same as the previous month. Of the 14 sold homes, 71% were sold under asking, 29% were sold at asking, and 0% 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

Oct 2023Oct 2024CHANGE
73 Days49 Days-32.3%

Summary: Homes in Interlachen-Florahome had an average of 49 days on market in Oct 2024, down by 32.3% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 14 homes were sold in Interlachen-Florahome; 50% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 14% 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 16 Days Ago

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