$92,500
2.02 Acres
Land
#1032297, Philip L Rotondo, Listing Office: Coldwell Banker Realty
Is Milton, 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, Milton was a Seller's Market.
Key Takeaway
Milton is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Milton, FL
How much do homes in Milton, FL cost?
Median Sold Price
$319,866
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$121(0%)
Key Takeaway
The sold price of homes in Milton has remained the same since last year.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $150K | $254K | +69.3% |
| 2 Bedrooms | $216K | $219.5K | +1.6% |
| 3 Bedrooms | $279.9K | $273.6K | -2.3% |
| 4 Bedrooms | $349.6K | $361.9K | +3.5% |
| 5+ Bedrooms | $422.4K | $475K | +12.4% |
Summary: Milton housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 69.3%, 2 bedroom homes increased by 1.6%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes increased by 12.4%.
Median Sold Price Compared To Nearby Cities
| Skyline | $337.7K | $350K | +3.6% |
| Pace | $327.2K | $333.9K | +2.1% |
| Milton | $319.9K | $319.8K | 0% |
| East Milton | $339.9K | $335.9K | -1.2% |
| Bagdad | $285K | $275K | -3.5% |
Housing Supply in Milton, FL
How many homes are available in Milton, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 789 | 756 | -4.2% |
Summary: The Milton real estate market had 756 homes for sale in November 2024, a 4.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 5 | +25.0% |
| 2 Bedrooms | 26 | 19 | -26.9% |
| 3 Bedrooms | 379 | 371 | -2.1% |
| 4 Bedrooms | 312 | 299 | -4.2% |
| 5+ Bedrooms | 68 | 62 | -8.8% |
Summary: The Milton housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 26.9%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes decreased by 8.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 153 | 123 | -19.6% |
Asking Price vs. Sold Price
58 Homes Were Sold
Under Asking
40 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Milton, you may be able to get a good deal. 49.6% of homes here sold below asking price last month.
Summary: A total of 123 homes were sold or pending in Milton in November 2024, down by 19.6% month-over-month. Of the 117 sold homes, 50% were sold under asking, 34% were sold at asking, and 16% were sold over asking.
Days on Market for Milton, FL
How long does it take to sell a home in Milton, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 51 Days | 87 Days | +70.1% |
Summary: Homes in Milton had an average of 87 days on market in Nov 2024, up by 70.1% compared to last year.
Breakdown of Home Sale Times
41 Homes Were Sold
Under 30 Days
41 Homes Were Sold
In 30 - 90 Days
41 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Milton are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 123 homes were sold in Milton; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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.
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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.
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.