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

$350,000

$292/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

-$33,000(-8.6%)

Key Takeaway

Homes in Johnston Park have sold for 8.6% less than they did a month ago.

Summary: The median home sold price in Johnston Park was $350,000 in September 2024, down 8.6% from last month, and the median price per square foot was $292.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 $356K$339.5K
-4.6%
3 $410K$408K
-0.5%
4 --
N/A
5+ --
N/A

Summary: Johnston Park housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.6%, 3 bedroom homes decreased by 0.5%, 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

Aug 2024Sep 2024CHANGE
3432-5.9%

Summary: The Johnston Park real estate market had 32 homes for sale in September 2024, a 5.9% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 2525
0.0%
3 87
-12.5%
4 10
-100.0%
5+ 00
0.0%

Summary: The Johnston Park housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

3 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 Johnston Park, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Johnston Park in September 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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

Aug 2024Sep 2024CHANGE
101 Days167 Days+64.5%

Summary: Homes in Johnston Park had an average of 167 days on market in Sep 2024, up by 64.5% compared to last month.

Breakdown of Home Sale Times

0 Homes Were 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 September 2024, 3 homes were sold in Johnston Park; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 17 Days Ago

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