$3,313 Closing Credit*
$279,000
1,132 SqFt
2 Beds
•2 Full Baths
Wendy Lynn, Listing Office: FINE PROPERTIES
Is Manatee County, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 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
$467,747
$255/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
-$6,002(-1.3%)
Key Takeaway
Homes in Manatee County have sold for 1.3% less than they did a year ago.
Summary: The median home sold price in Manatee County was $467,747 in September 2024, down 1.3% from last year, and the median price per square foot was $255.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $155K | $171K | +10.3% |
| 2 Bedrooms | $358.1K | $360.2K | +0.6% |
| 3 Bedrooms | $479.5K | $474.8K | -1.0% |
| 4 Bedrooms | $587.6K | $559.1K | -4.9% |
| 5+ Bedrooms | $720.8K | $614.9K | -14.7% |
Summary: Manatee County housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.3%, 2 bedroom homes increased by 0.6%, 3 bedroom homes decreased by 1%, 4 bedroom homes decreased by 4.9%, and 5+ bedroom homes decreased by 14.7%.
Median Sold Price Compared To Nearby Counties
| DeSoto County | $249.5K | $266.8K | +7.0% |
| Hillsborough County | $392K | $404.7K | +3.3% |
| Sarasota County | $448.5K | $449.9K | 0.3% |
| Manatee County | $473.7K | $467.7K | -1.3% |
| Hardee County | $260K | $254K | -2.3% |
Housing Supply in Manatee County, FL
How many homes are available in Manatee County, FL?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 4,976 | 4,822 | -3.1% |
Summary: The Manatee County real estate market had 4,822 homes for sale in September 2024, a 3.1% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 89 | 110 | +23.6% |
| 2 Bedrooms | 1,285 | 1,314 | +2.3% |
| 3 Bedrooms | 2,057 | 1,941 | -5.6% |
| 4 Bedrooms | 1,176 | 1,116 | -5.1% |
| 5+ Bedrooms | 369 | 341 | -7.6% |
Summary: The Manatee County housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 23.6%, 2 bedroom homes increased by 2.3%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes decreased by 5.1%, and 5+ bedroom homes decreased by 7.6%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 829 | 605 | -27.0% |
Asking Price vs. Sold Price
378 Homes Were Sold
Under Asking
196 Homes Were Sold
At Asking
31 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. 62.5% of homes here sold below asking price last month.
Summary: A total of 605 homes were sold or pending in Manatee County in September 2024, down by 27.0% month-over-month. Of the 605 sold homes, 62% were sold under asking, 32% were sold at asking, and 5% 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 55 Days | 70 Days | +26.9% |
Summary: Homes in Manatee County had an average of 70 days on market in Sep 2024, up by 26.9% compared to last year.
Breakdown of Home Sale Times
257 Homes Were Sold
Under 30 Days
166 Homes Were Sold
In 30 - 90 Days
182 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 September 2024, 605 homes were sold in Manatee County; 42% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
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The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.