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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Loxahatchee is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Loxahatchee, FL

How much do homes in Loxahatchee, FL cost?

Median Sold Price

$666,857

$312/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$11,881(+1.8%)

Key Takeaway

Homes in Loxahatchee have sold for 1.8% more than they did a year ago.

Summary: The median home sold price in Loxahatchee was $666,857 in November 2024, up 1.8% from last year, and the median price per square foot was $312.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$470K
N/A
2 $559K$573K
+2.5%
3 $582.3K$596K
+2.3%
4 $706.1K$708.9K
0.4%
5+ $831.3K$880K
+5.8%

Summary: Loxahatchee housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.5%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes increased by 5.8%.

Median Sold Price Compared To Nearby Cities

Royal Palm Beach
+5.9%
Western Community
+5.3%
Royal Palm Beach-West Jupiter
+5.3%
Loxahatchee
+1.8%
Loxahatchee Groves
-11.0%

Housing Supply in Loxahatchee, FL

How many homes are available in Loxahatchee, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
329337+2.4%

Summary: The Loxahatchee real estate market had 337 homes for sale in November 2024, a 2.4% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 12
+100.0%
2 1719
+11.8%
3 132136
+3.0%
4 125125
0.0%
5+ 5455
+1.9%

Summary: The Loxahatchee housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 1.9%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4927-44.9%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Loxahatchee, you may be able to get a good deal. 74.1% of homes here sold below asking price last month.

Summary: A total of 27 homes were sold or pending in Loxahatchee in November 2024, down by 44.9% month-over-month. Of the 27 sold homes, 74% were sold under asking, 19% were sold at asking, and 7% were sold over asking.

Days on Market for Loxahatchee, FL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
32 Days46 Days+42.3%

Summary: Homes in Loxahatchee had an average of 46 days on market in Nov 2024, up by 42.3% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 27 homes were sold in Loxahatchee; 56% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 26% 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

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