$1,781 Closing Credit*
$150,000
897 SqFt
3 Beds
•1 Full Bath
NICK POWELL, Listing Office: YOUR HOME SOLD GUARANTEED REALTY ADVISORS
Is Lackawanna, 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, Lackawanna was a Seller's Market.
Key Takeaway
Lackawanna is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lackawanna, FL
How much do homes in Lackawanna, FL cost?
Median Sold Price
$183,000
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$65,000(+55.1%)
Key Takeaway
Homes in Lackawanna have sold for 55.1% more than they did a year ago.
Summary: The median home sold price in Lackawanna was $183,000 in October 2024, up 55.1% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $60K | $98K | +63.3% |
| 3 Bedrooms | $121.5K | $205.7K | +69.3% |
| 4 Bedrooms | $195K | $211.5K | +8.5% |
| 5+ Bedrooms | $125K | $140K | +12.0% |
Summary: Lackawanna housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 63.3%, 3 bedroom homes increased by 69.3%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes increased by 12%.
Housing Supply in Lackawanna, FL
How many homes are available in Lackawanna, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 21 | +16.7% |
Summary: The Lackawanna real estate market had 21 homes for sale in October 2024, a 16.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 8 | 11 | +37.5% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Lackawanna 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 remained the same, 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 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lackawanna, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Lackawanna in October 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Lackawanna, FL
How long does it take to sell a home in Lackawanna, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 138 Days | 64 Days | -53.4% |
Summary: Homes in Lackawanna had an average of 64 days on market in Oct 2024, down by 53.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Lackawanna are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Lackawanna; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
