Is Mangonia Park, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mangonia Park is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Mangonia Park has remained a Seller's Market.

Key Takeaway

Mangonia Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Mangonia Park, FL

How much do homes in Mangonia Park, FL cost?

Median Sold Price

$420,000

$270/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$20,000(+5.0%)

Key Takeaway

Homes in Mangonia Park have sold for 5% more than they did a year ago.

Summary: The median home sold price in Mangonia Park was $420,000 in September 2024, up 5% from last year, and the median price per square foot was $270.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $79.9K$240.8K
+201.5%
3 $408.2K$420K
+2.9%
4 $300K$432.4K
+44.1%
5+ --
N/A

Summary: Mangonia Park housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 201.5%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 44.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

West Palm Beach
+7.8%
Mangonia Park
+5.0%
Riviera Beach
-2.8%

Housing Supply in Mangonia Park, FL

How many homes are available in Mangonia Park, FL?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
811+37.5%

Summary: The Mangonia Park real estate market had 11 homes for sale in September 2024, a 37.5% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 69
+50.0%
4 00
0.0%
5+ 01
+100.0%

Summary: The Mangonia Park housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mangonia Park, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Mangonia Park in September 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Mangonia Park, FL

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

Average Sale Time

Sep 2023Sep 2024CHANGE
12 Days81 Days+553.2%

Summary: Homes in Mangonia Park had an average of 81 days on market in Sep 2024, up by 553.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 2 homes were sold in Mangonia Park; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 29 Days Ago

Newest Listings in Mangonia Park, FL

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