Is Isle of Capri, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Isle of Capri is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Isle of Capri was a Neutral Market.

Key Takeaway

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

Housing Prices in Isle of Capri, FL

How much do homes in Isle of Capri, FL cost?

Median Sold Price

$495,000

$453/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$41,000(+9.0%)

Key Takeaway

Homes in Isle of Capri have sold for 9% more than they did a year ago.

Summary: The median home sold price in Isle of Capri was $495,000 in October 2024, up 9% from last year, and the median price per square foot was $453.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $390K$269K
-31.0%
2 $438K$415K
-5.3%
3 $950K$1.0M
+10.5%
4 $2.2M$1.7M
-20.5%
5+ $2.3M$1.5M
-35.1%

Summary: Isle of Capri housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31%, 2 bedroom homes decreased by 5.3%, 3 bedroom homes increased by 10.5%, 4 bedroom homes decreased by 20.5%, and 5+ bedroom homes decreased by 35.1%.

Housing Supply in Isle of Capri, FL

How many homes are available in Isle of Capri, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4137-9.8%

Summary: The Isle of Capri real estate market had 37 homes for sale in October 2024, a 9.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 2623
-11.5%
3 55
0.0%
4 87
-12.5%
5+ 00
0.0%

Summary: The Isle of Capri 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 decreased by 11.5%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 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 Isle of Capri, 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 Isle of Capri in October 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 Isle of Capri, FL

How long does it take to sell a home in Isle of Capri, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
62 Days40 Days-35.7%

Summary: Homes in Isle of Capri had an average of 40 days on market in Oct 2024, down by 35.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 2 homes were sold in Isle of Capri; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 21 Days Ago

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