$5,463 Closing Credit*
$460,000
1,827 SqFt
3 Beds
•2 Full Baths
Jon Worley, Listing Office: Levin Rinke Realty
Is Navarre, 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, Navarre was a Seller's Market.
Key Takeaway
Navarre 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 Navarre, FL
How much do homes in Navarre, FL cost?
Median Sold Price
$415,000
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,014(+3.8%)
Key Takeaway
Homes in Navarre have sold for 3.8% more than they did a year ago.
Summary: The median home sold price in Navarre was $415,000 in November 2024, up 3.8% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $210K | $220K | +4.8% |
| 2 Bedrooms | $249K | $269.9K | +8.4% |
| 3 Bedrooms | $355K | $359.7K | +1.3% |
| 4 Bedrooms | $459.9K | $475.7K | +3.4% |
| 5+ Bedrooms | $600K | $650K | +8.3% |
Summary: Navarre housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.8%, 2 bedroom homes increased by 8.4%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 8.3%.
Median Sold Price Compared To Nearby Neighborhoods
| Navarre | $399.9K | $415K | +3.8% |
| Holley | $430K | $415K | -3.5% |
Housing Supply in Navarre, FL
How many homes are available in Navarre, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 337 | 310 | -8.0% |
Summary: The Navarre real estate market had 310 homes for sale in November 2024, a 8.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 162 | 149 | -8.0% |
| 4 Bedrooms | 158 | 146 | -7.6% |
| 5+ Bedrooms | 15 | 14 | -6.7% |
Summary: The Navarre housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 8%, 4 bedroom homes decreased by 7.6%, and 5+ bedroom homes decreased by 6.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 56 | 52 | -7.1% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Navarre, you may be able to get a good deal. 54% of homes here sold below asking price last month.
Summary: A total of 52 homes were sold or pending in Navarre in November 2024, down by 7.1% month-over-month. Of the 50 sold homes, 54% were sold under asking, 32% were sold at asking, and 14% were sold over asking.
Days on Market for Navarre, FL
How long does it take to sell a home in Navarre, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 38 Days | 67 Days | +77.0% |
Summary: Homes in Navarre had an average of 67 days on market in Nov 2024, up by 77% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
19 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Navarre are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 52 homes were sold in Navarre; 33% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 37% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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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.