Is Kenneth City, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kenneth City is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Kenneth City was a Seller's Market.

Key Takeaway

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

Housing Prices in Kenneth City, FL

How much do homes in Kenneth City, FL cost?

Median Sold Price

$330,000

$226/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$11,500(+3.6%)

Key Takeaway

Homes in Kenneth City have sold for 3.6% more than they did a year ago.

Summary: The median home sold price in Kenneth City was $330,000 in November 2024, up 3.6% from last year, and the median price per square foot was $226.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $116.1K$102K
-12.1%
2 $200K$141.7K
-29.1%
3 $372.5K$385.5K
+3.5%
4 $529.3K$442.5K
-16.4%
5+ --
N/A

Summary: Kenneth City housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.1%, 2 bedroom homes decreased by 29.1%, 3 bedroom homes increased by 3.5%, 4 bedroom homes decreased by 16.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Kenneth City
+3.6%
Pinellas Park
+3.0%
Saint Petersburg
+1.5%

Housing Supply in Kenneth City, FL

How many homes are available in Kenneth City, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4647+2.2%

Summary: The Kenneth City real estate market had 47 homes for sale in November 2024, a 2.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 56
+20.0%
2 2627
+3.8%
3 1211
-8.3%
4 22
0.0%
5+ 11
0.0%

Summary: The Kenneth City housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 3.8%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
95-44.4%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kenneth City, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Kenneth City in November 2024, down by 44.4% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.

Days on Market for Kenneth City, FL

How long does it take to sell a home in Kenneth City, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
55 Days95 Days+71.6%

Summary: Homes in Kenneth City had an average of 95 days on market in Nov 2024, up by 71.6% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Kenneth City are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 5 homes were sold in Kenneth City; 60% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 40% 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 2 Days Ago

Newest Listings in Kenneth City, FL

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