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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing McGregor is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, McGregor was a Neutral Market.

Key Takeaway

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

Housing Prices in McGregor, FL

How much do homes in McGregor, FL cost?

Median Sold Price

$392,000

$247/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$12,000(+3.2%)

Key Takeaway

Homes in McGregor have sold for 3.2% more than they did a year ago.

Summary: The median home sold price in McGregor was $392,000 in October 2024, up 3.2% from last year, and the median price per square foot was $247.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $174K$217K
+24.7%
2 $299K$300K
0.3%
3 $515K$485K
-5.8%
4 $682.5K$672.5K
-1.5%
5+ $862.5K$1.7M
+105.8%

Summary: McGregor housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24.7%, 2 bedroom homes increased by 0.3%, 3 bedroom homes decreased by 5.8%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes increased by 105.8%.

Median Sold Price Compared To Nearby Neighborhoods

McGregor
+3.2%
Whiskey Creek
-1.7%
Cypress Lake
-3.8%

Housing Supply in McGregor, FL

How many homes are available in McGregor, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
144165+14.6%

Summary: The McGregor real estate market had 165 homes for sale in October 2024, a 14.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 34
+33.3%
2 6271
+14.5%
3 5051
+2.0%
4 2229
+31.8%
5+ 710
+42.9%

Summary: The McGregor housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 14.5%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 31.8%, and 5+ bedroom homes increased by 42.9%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
880.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in McGregor, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in McGregor in October 2024, the same as the previous month. Of the 8 sold homes, 88% were sold under asking, 13% were sold at asking, and 0% were sold over asking.

Days on Market for McGregor, FL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
61 Days144 Days+135.7%

Summary: Homes in McGregor had an average of 144 days on market in Oct 2024, up by 135.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in McGregor are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 8 homes were sold in McGregor; 25% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 63% 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 22 Days Ago

Newest Listings in McGregor, FL

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