$7,985 Closing Credit*
$672,400
1,802 SqFt
2 Beds
•2 Full Baths
Jennifer Kendzior, PLL, Listing Office: BERKSHIRE HATHAWAY HOMESERVICE
Is Manatee County, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Manatee County was a Seller's Market.
Key Takeaway
Manatee County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Manatee County, FL
How much do homes in Manatee County, FL cost?
Median Sold Price
$462,388
$252/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$7,141(-1.5%)
Key Takeaway
Homes in Manatee County have sold for 1.5% less than they did a year ago.
Summary: The median home sold price in Manatee County was $462,388 in November 2024, down 1.5% from last year, and the median price per square foot was $252.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $155.9K | $175K | +12.2% |
| 2 Bedrooms | $356.5K | $359.9K | +0.9% |
| 3 Bedrooms | $475.5K | $464.1K | -2.4% |
| 4 Bedrooms | $580.8K | $552.2K | -4.9% |
| 5+ Bedrooms | $712.3K | $584.7K | -17.9% |
Summary: Manatee County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.2%, 2 bedroom homes increased by 0.9%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes decreased by 4.9%, and 5+ bedroom homes decreased by 17.9%.
Median Sold Price Compared To Nearby Counties
| DeSoto County | $241K | $275K | +14.1% |
| Hillsborough County | $394.2K | $405.8K | +2.9% |
| Sarasota County | $450.1K | $445.6K | -1.0% |
| Manatee County | $469.5K | $462.3K | -1.5% |
Housing Supply in Manatee County, FL
How many homes are available in Manatee County, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4,574 | 4,898 | +7.1% |
Summary: The Manatee County real estate market had 4,898 homes for sale in November 2024, a 7.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 100 | 121 | +21.0% |
| 2 Bedrooms | 1,231 | 1,375 | +11.7% |
| 3 Bedrooms | 1,865 | 1,991 | +6.8% |
| 4 Bedrooms | 1,044 | 1,059 | +1.4% |
| 5+ Bedrooms | 334 | 352 | +5.4% |
Summary: The Manatee County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 21%, 2 bedroom homes increased by 11.7%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 5.4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 611 | 650 | +6.4% |
Asking Price vs. Sold Price
429 Homes Were Sold
Under Asking
193 Homes Were Sold
At Asking
28 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Manatee County, you may be able to get a good deal. 66% of homes here sold below asking price last month.
Summary: A total of 650 homes were sold or pending in Manatee County in November 2024, up by 6.4% month-over-month. Of the 650 sold homes, 66% were sold under asking, 30% were sold at asking, and 4% were sold over asking.
Days on Market for Manatee County, FL
How long does it take to sell a home in Manatee County, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 55 Days | 68 Days | +22.0% |
Summary: Homes in Manatee County had an average of 68 days on market in Nov 2024, up by 22% compared to last year.
Breakdown of Home Sale Times
253 Homes Were Sold
Under 30 Days
207 Homes Were Sold
In 30 - 90 Days
190 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Manatee County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 650 homes were sold in Manatee County; 39% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
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