Is Leon County, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Leon County is a neutral's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Leon County 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 Leon County, FL

How much do homes in Leon County, FL cost?

Median Sold Price

$300,541

$195/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$10,088(+3.5%)

Key Takeaway

Homes in Leon County have sold for 3.5% more than they did a year ago.

Summary: The median home sold price in Leon County was $300,541 in November 2024, up 3.5% from last year, and the median price per square foot was $195.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $116.2K$135K
+16.1%
2 $170K$185.1K
+8.9%
3 $288.5K$290K
0.5%
4 $465.6K$484.5K
+4.0%
5+ $700K$715K
+2.1%

Summary: Leon County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.1%, 2 bedroom homes increased by 8.9%, 3 bedroom homes increased by 0.5%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 2.1%.

Median Sold Price Compared To Nearby Counties

Grady County
+29.3%
Gadsden County
+7.6%
Leon County
+3.5%
Wakulla County
-7.5%
Jefferson County
-13.1%

Housing Supply in Leon County, FL

How many homes are available in Leon County, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1,1091,185+6.9%

Summary: The Leon County real estate market had 1,185 homes for sale in November 2024, a 6.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 2929
0.0%
2 177205
+15.8%
3 597624
+4.5%
4 253271
+7.1%
5+ 5356
+5.7%

Summary: The Leon County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 15.8%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 5.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
208182-12.5%

Asking Price vs. Sold Price

104 Homes Were Sold
Under Asking

44 Homes Were Sold
At Asking

34 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Leon County, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 182 homes were sold or pending in Leon County in November 2024, down by 12.5% month-over-month. Of the 182 sold homes, 57% were sold under asking, 24% were sold at asking, and 19% were sold over asking.

Days on Market for Leon County, FL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
47 Days60 Days+25.8%

Summary: Homes in Leon County had an average of 60 days on market in Nov 2024, up by 25.8% compared to last year.

Breakdown of Home Sale Times

73 Homes Were Sold
Under 30 Days

63 Homes Were Sold
In 30 - 90 Days

41 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 182 homes were sold in Leon County; 40% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 23% 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 Leon County, FL

Nearby Markets to Leon County, FL

What housing markets are near Leon County, FL?