Is Lacoochee, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lacoochee is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Lacoochee was a Seller's Market.

Key Takeaway

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

Housing Prices in Lacoochee, FL

How much do homes in Lacoochee, FL cost?

Median Sold Price

$177,500

$108/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$25,000(-12.3%)

Key Takeaway

Homes in Lacoochee have sold for 12.3% less than they did a month ago.

Summary: The median home sold price in Lacoochee was $177,500 in November 2024, down 12.3% from last month, and the median price per square foot was $108.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $112.5K$275K
+144.4%
4 $387K$80K
-79.3%
5+ --
N/A

Summary: Lacoochee housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 144.4%, 4 bedroom homes decreased by 79.3%, and 5+ bedroom homes did not change.

Housing Supply in Lacoochee, FL

How many homes are available in Lacoochee, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1516+6.7%

Summary: The Lacoochee real estate market had 16 homes for sale in November 2024, a 6.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 24
+100.0%
3 65
-16.7%
4 76
-14.3%
5+ 00
0.0%

Summary: The Lacoochee housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

2 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 Lacoochee, 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 Lacoochee in November 2024, down by 50.0% month-over-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 Lacoochee, FL

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

Average Sale Time

Oct 2024Nov 2024CHANGE
32 Days166 Days+410.8%

Summary: Homes in Lacoochee had an average of 166 days on market in Nov 2024, up by 410.8% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Lacoochee has remained consistent over time.

Summary: During November 2024, 2 homes were sold in Lacoochee; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 21 Days Ago

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