Is Lehigh Woods, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lehigh Woods is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Lehigh Woods, FL

How much do homes in Lehigh Woods, FL cost?

Median Sold Price

$323,875

$189/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$4,864(-1.5%)

Key Takeaway

Homes in Lehigh Woods have sold for 1.5% less than they did a year ago.

Summary: The median home sold price in Lehigh Woods was $323,875 in October 2024, down 1.5% from last year, and the median price per square foot was $189.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $339.5K$285.2K
-16.0%
3 $324.9K$319.9K
-1.5%
4 $328.4K$328.9K
0.2%
5+ $374.9K$365.9K
-2.4%

Summary: Lehigh Woods 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 decreased by 16%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes decreased by 2.4%.

Median Sold Price Compared To Nearby Neighborhoods

Pine Lakes
0.0%
Lehigh Woods
-1.5%
Pine Grove - Belle Terre
-1.6%

Housing Supply in Lehigh Woods, FL

How many homes are available in Lehigh Woods, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1861860.0%

Summary: The Lehigh Woods real estate market had 186 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 53
-40.0%
3 106105
-0.9%
4 6972
+4.3%
5+ 66
0.0%

Summary: The Lehigh Woods 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 decreased by 40%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3620-44.4%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lehigh Woods, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in Lehigh Woods in October 2024, down by 44.4% month-over-month. Of the 20 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Lehigh Woods, FL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
73 Days97 Days+32.7%

Summary: Homes in Lehigh Woods had an average of 97 days on market in Oct 2024, up by 32.7% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Lehigh Woods has remained consistent over time.

Summary: During October 2024, 20 homes were sold in Lehigh Woods; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% 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 4 Days Ago

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