$499,000
0.15 Acres
Land
Listing Office: EXP Realty LLC
Is Mexico Beach, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Mexico Beach was a Neutral Market.
Key Takeaway
Mexico Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Mexico Beach, FL
How much do homes in Mexico Beach, FL cost?
Median Sold Price
$405,000
$385/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$103,075(+34.1%)
Key Takeaway
Homes in Mexico Beach have sold for 34.1% more than they did a month ago.
Summary: The median home sold price in Mexico Beach was $405,000 in October 2024, up 34.1% from last month, and the median price per square foot was $385.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $405K | N/A |
| 3 Bedrooms | $297.9K | - | N/A |
| 4 Bedrooms | $349.9K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Mexico Beach housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Mexico Beach, FL
How many homes are available in Mexico Beach, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 35 | 29 | -17.1% |
Summary: The Mexico Beach real estate market had 29 homes for sale in October 2024, a 17.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 20 | 15 | -25.0% |
| 4 Bedrooms | 7 | 5 | -28.6% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Mexico Beach housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 1 | -80.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mexico Beach, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Mexico Beach in October 2024, down by 80.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Mexico Beach, FL
How long does it take to sell a home in Mexico Beach, FL?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 132 Days | 6 Days | -95.5% |
Summary: Homes in Mexico Beach had an average of 6 days on market in Oct 2024, down by 95.5% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mexico Beach are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Mexico Beach; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information 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. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.