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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lake Bentley is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Lake Bentley was a Seller's Market.

Key Takeaway

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

Housing Prices in Lake Bentley, FL

How much do homes in Lake Bentley, FL cost?

Median Sold Price

$211,000

$171/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$4,000(-1.9%)

Key Takeaway

Homes in Lake Bentley have sold for 1.9% less than they did a year ago.

Summary: The median home sold price in Lake Bentley was $211,000 in October 2024, down 1.9% from last year, and the median price per square foot was $171.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $129.9K$115K
-11.5%
2 $154.5K$160K
+3.6%
3 $320K$246.5K
-23.0%
4 $332K$411.2K
+23.9%
5+ --
N/A

Summary: Lake Bentley housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.5%, 2 bedroom homes increased by 3.6%, 3 bedroom homes decreased by 23%, 4 bedroom homes increased by 23.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Lake Hollingsworth
+8.4%
Crystal Lake
+7.0%
Lake Bentley
-1.9%
Lake Somerset
-13.3%

Housing Supply in Lake Bentley, FL

How many homes are available in Lake Bentley, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3128-9.7%

Summary: The Lake Bentley real estate market had 28 homes for sale in October 2024, a 9.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 1314
+7.7%
3 97
-22.2%
4 86
-25.0%
5+ 00
0.0%

Summary: The Lake Bentley 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 increased by 7.7%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was 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 Lake Bentley, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Lake Bentley in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Lake Bentley, FL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
16 Days46 Days+190.6%

Summary: Homes in Lake Bentley had an average of 46 days on market in Oct 2024, up by 190.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 2 homes were sold in Lake Bentley; 50% of homes were sold within 30 days, 50% 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 20 Days Ago

Newest Listings in Lake Bentley, FL

Nearby Markets to Lake Bentley, FL