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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lealman is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Lealman, FL

How much do homes in Lealman, FL cost?

Median Sold Price

$301,250

$272/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$11,250(+3.9%)

Key Takeaway

Homes in Lealman have sold for 3.9% more than they did a year ago.

Summary: The median home sold price in Lealman was $301,250 in October 2024, up 3.9% from last year, and the median price per square foot was $272.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $98.9K$88K
-11.1%
2 $229K$280K
+22.3%
3 $324.5K$350K
+7.9%
4 $410K$450K
+9.8%
5+ $559K$706K
+26.3%

Summary: Lealman housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.1%, 2 bedroom homes increased by 22.3%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes increased by 26.3%.

Median Sold Price Compared To Nearby Neighborhoods

Disston Heights
+6.6%
Lealman
+3.9%
Meadowlawn
-2.7%

Housing Supply in Lealman, FL

How many homes are available in Lealman, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
127129+1.6%

Summary: The Lealman real estate market had 129 homes for sale in October 2024, a 1.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 2022
+10.0%
2 4848
0.0%
3 4346
+7.0%
4 1310
-23.1%
5+ 33
0.0%

Summary: The Lealman housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 10%, 2 bedroom homes remained the same, 3 bedroom homes increased by 7%, 4 bedroom homes decreased by 23.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12120.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lealman, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Lealman in October 2024, the same as the previous month. Of the 12 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.

Days on Market for Lealman, FL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
22 Days69 Days+201.8%

Summary: Homes in Lealman had an average of 69 days on market in Oct 2024, up by 201.8% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 12 homes were sold in Lealman; 42% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 25% 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 16 Days Ago

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