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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mulberry is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Mulberry was a Seller's Market.

Key Takeaway

Mulberry 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 Mulberry, FL

How much do homes in Mulberry, FL cost?

Median Sold Price

$305,625

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$3,375(-1.1%)

Key Takeaway

Homes in Mulberry have sold for 1.1% less than they did a year ago.

Summary: The median home sold price in Mulberry was $305,625 in October 2024, down 1.1% from last year, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$150K
N/A
2 $165K$170K
+3.0%
3 $300K$300K
0.0%
4 $342.9K$368.8K
+7.5%
5+ $399.9K$475.5K
+18.9%

Summary: Mulberry housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3%, 3 bedroom homes did not change, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 18.9%.

Median Sold Price Compared To Nearby Cities

Lithia
+4.4%
Mulberry
-1.1%

Housing Supply in Mulberry, FL

How many homes are available in Mulberry, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
141132-6.4%

Summary: The Mulberry real estate market had 132 homes for sale in October 2024, a 6.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1816
-11.1%
3 8477
-8.3%
4 3535
0.0%
5+ 44
0.0%

Summary: The Mulberry 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 decreased by 11.1%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2122+4.8%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mulberry, you may be able to get a good deal. 59.1% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in Mulberry in October 2024, up by 4.8% month-over-month. Of the 22 sold homes, 59% were sold under asking, 27% were sold at asking, and 14% were sold over asking.

Days on Market for Mulberry, FL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
28 Days48 Days+68.8%

Summary: Homes in Mulberry had an average of 48 days on market in Oct 2024, up by 68.8% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 22 homes were sold in Mulberry; 55% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 14% 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 16 Days Ago

Newest Listings in Mulberry, FL

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