$3,859 Closing Credit*
$325,000
1,406 SqFt
3 Beds
•2 Full Baths
Karina Mendoza, Listing Office: Marzucco Real Estate
Is Joel, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Joel was a Seller's Market.
Key Takeaway
Joel is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Joel, FL
How much do homes in Joel, FL cost?
Median Sold Price
$345,000
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,000(+3.0%)
Key Takeaway
Homes in Joel have sold for 3% more than they did a year ago.
Summary: The median home sold price in Joel was $345,000 in October 2024, up 3% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $105K | $116K | +10.5% |
| 2 Bedrooms | $194K | $199K | +2.6% |
| 3 Bedrooms | $345K | $355K | +2.9% |
| 4 Bedrooms | $375K | $395K | +5.3% |
| 5+ Bedrooms | $409.4K | $525K | +28.2% |
Summary: Joel housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.5%, 2 bedroom homes increased by 2.6%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 28.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Eisenhower | $325K | $340K | +4.6% |
| Joel | $335K | $345K | +3.0% |
| Richmond | $345K | $355K | +2.9% |
Housing Supply in Joel, FL
How many homes are available in Joel, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 211 | 231 | +9.5% |
Summary: The Joel real estate market had 231 homes for sale in October 2024, a 9.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 38 | 41 | +7.9% |
| 3 Bedrooms | 116 | 131 | +12.9% |
| 4 Bedrooms | 47 | 48 | +2.1% |
| 5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The Joel 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 increased by 7.9%, 3 bedroom homes increased by 12.9%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 21 | +16.7% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Joel, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in Joel in October 2024, up by 16.7% month-over-month. Of the 21 sold homes, 71% were sold under asking, 19% were sold at asking, and 10% were sold over asking.
Days on Market for Joel, FL
How long does it take to sell a home in Joel, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 31 Days | 75 Days | +142.6% |
Summary: Homes in Joel had an average of 75 days on market in Oct 2024, up by 142.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Joel has remained consistent over time.
Summary: During October 2024, 21 homes were sold in Joel; 29% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
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Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.