Is Johnston Park, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Johnston Park is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Johnston Park has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Johnston Park, FL

How much do homes in Johnston Park, FL cost?

Median Sold Price

$359,450

$271/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$9,450(+2.7%)

Key Takeaway

Homes in Johnston Park have sold for 2.7% more than they did a month ago.

Summary: The median home sold price in Johnston Park was $359,450 in October 2024, up 2.7% from last month, and the median price per square foot was $271.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $339.5K$355K
+4.6%
3 $408K$370K
-9.3%
4 -$363.9K
N/A
5+ --
N/A

Summary: Johnston Park housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.6%, 3 bedroom homes decreased by 9.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Johnston Park, FL

How many homes are available in Johnston Park, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3236+12.5%

Summary: The Johnston Park real estate market had 36 homes for sale in October 2024, a 12.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 2324
+4.3%
3 811
+37.5%
4 11
0.0%
5+ 00
0.0%

Summary: The Johnston Park 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 4.3%, 3 bedroom homes increased by 37.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Johnston Park, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Johnston Park in October 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Johnston Park, FL

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

Average Sale Time

Sep 2024Oct 2024CHANGE
167 Days109 Days-34.6%

Summary: Homes in Johnston Park had an average of 109 days on market in Oct 2024, down by 34.6% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Johnston Park are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 4 homes were sold in Johnston Park; 25% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 75% 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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