Is Largo Meadows Park, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Largo Meadows Park is a neutral's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Largo Meadows Park was a Buyer's Market.

Key Takeaway

Largo Meadows Park is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Largo Meadows Park, FL

How much do homes in Largo Meadows Park, FL cost?

Median Sold Price

$220,000

$226/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since September 2023.

Key Takeaway

The sold price of homes in Largo Meadows Park has remained the same since last year.

Summary: The median home sold price in Largo Meadows Park was $220,000 in September 2024, the same as last year, and the median price per square foot was $226.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $179K$237K
+32.4%
2 $218.5K$205K
-6.2%
3 $455K$498K
+9.5%
4 -$545K
N/A
5+ --
N/A

Summary: Largo Meadows Park housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 32.4%, 2 bedroom homes decreased by 6.2%, 3 bedroom homes increased by 9.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Anona
+38.3%
Largo Meadows Park
0.0%

Housing Supply in Largo Meadows Park, FL

How many homes are available in Largo Meadows Park, FL?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2418-25.0%

Summary: The Largo Meadows Park real estate market had 18 homes for sale in September 2024, a 25.0% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 21
-50.0%
2 1110
-9.1%
3 85
-37.5%
4 10
-100.0%
5+ 22
0.0%

Summary: The Largo Meadows Park housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes decreased by 37.5%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 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 Largo Meadows Park, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Largo Meadows Park in September 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Largo Meadows Park, FL

How long does it take to sell a home in Largo Meadows Park, FL?

Average Sale Time

Sep 2023Sep 2024CHANGE
3 Days86 Days+2788.9%

Summary: Homes in Largo Meadows Park had an average of 86 days on market in Sep 2024, up by 2788.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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

Most homes in Largo Meadows Park are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During September 2024, 3 homes were sold in Largo Meadows Park; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% 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

Newest Listings in Largo Meadows Park, FL

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