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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Naranja is a buyer's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

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

Housing Prices in Naranja, FL

How much do homes in Naranja, FL cost?

Median Sold Price

$460,000

$270/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$38,000(+9.0%)

Key Takeaway

Homes in Naranja have sold for 9% more than they did a year ago.

Summary: The median home sold price in Naranja was $460,000 in December 2024, up 9% from last year, and the median price per square foot was $270.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $198K$234.5K
+18.4%
3 $400.5K$442.5K
+10.5%
4 $490K$482.4K
-1.5%
5+ $615K$630K
+2.4%

Summary: Naranja housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.4%, 3 bedroom homes increased by 10.5%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes increased by 2.4%.

Housing Supply in Naranja, FL

How many homes are available in Naranja, FL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
115114-0.9%

Summary: The Naranja real estate market had 114 homes for sale in December 2024, a 0.9% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 911
+22.2%
3 5053
+6.0%
4 4439
-11.4%
5+ 1110
-9.1%

Summary: The Naranja housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 6%, 4 bedroom homes decreased by 11.4%, and 5+ bedroom homes decreased by 9.1%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
2512-52.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Naranja, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Naranja in December 2024, down by 52.0% month-over-month. Of the 12 sold homes, 75% were sold under asking, 8% were sold at asking, and 17% were sold over asking.

Days on Market for Naranja, FL

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

Average Sale Time

Dec 2023Dec 2024CHANGE
31 Days44 Days+44.1%

Summary: Homes in Naranja had an average of 44 days on market in Dec 2024, up by 44.1% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 12 homes were sold in Naranja; 50% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 8% 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 2 Days Ago

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