Is King's Lake, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing King's Lake is a buyer's market

Buyer's
Market

Difference Since December 2023

At the same time last year, King's Lake was a Neutral Market.

Key Takeaway

King's Lake is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in King's Lake, FL

How much do homes in King's Lake, FL cost?

Median Sold Price

$325,000

$274/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$105,000(-24.4%)

Key Takeaway

Homes in King's Lake have sold for 24.4% less than they did a year ago.

Summary: The median home sold price in King's Lake was $325,000 in December 2024, down 24.4% from last year, and the median price per square foot was $274.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $285K-
N/A
2 $317K$290K
-8.5%
3 $605K$590K
-2.5%
4 $1.2M-
N/A
5+ --
N/A

Summary: King's Lake housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.5%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in King's Lake, FL

How many homes are available in King's Lake, FL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3843+13.2%

Summary: The King's Lake real estate market had 43 homes for sale in December 2024, a 13.2% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 1924
+26.3%
3 1616
0.0%
4 33
0.0%
5+ 00
0.0%

Summary: The King's Lake housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 26.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was 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 King's Lake, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in King's Lake in December 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for King's Lake, FL

How long does it take to sell a home in King's Lake, FL?

Average Sale Time

Dec 2023Dec 2024CHANGE
44 Days29 Days-34.8%

Summary: Homes in King's Lake had an average of 29 days on market in Dec 2024, down by 34.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in King's Lake are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 1 homes were sold in King's Lake; 100% of homes were sold within 30 days, 0% 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 4 Days Ago

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