$4,299 Closing Credit*
$361,990
2,605 SqFt
5 Beds
•3 Full Baths
Anne Eger, Listing Office: DR HORTON REALTY OF WEST CENTRAL FLORIDA
Is Newberry, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Newberry has remained a Neutral Market.
Key Takeaway
Newberry 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 Newberry, FL
How much do homes in Newberry, FL cost?
Median Sold Price
$367,742
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$8,747(+2.4%)
Key Takeaway
Homes in Newberry have sold for 2.4% more than they did a year ago.
Summary: The median home sold price in Newberry was $367,742 in September 2024, up 2.4% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $177K | $170K | -4.0% |
| 2 Bedrooms | $249.4K | $257K | +3.0% |
| 3 Bedrooms | $325K | $328.7K | +1.2% |
| 4 Bedrooms | $414.9K | $414.9K | 0.0% |
| 5+ Bedrooms | $419.9K | $450K | +7.1% |
Summary: Newberry housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4%, 2 bedroom homes increased by 3%, 3 bedroom homes increased by 1.2%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 7.1%.
Median Sold Price Compared To Nearby Cities
| Newberry | $358.9K | $367.7K | +2.4% |
| Newberry-Archer | $364.5K | $369K | +1.2% |
| High Springs-Alachua | $328.1K | $325.4K | -0.8% |
Housing Supply in Newberry, FL
How many homes are available in Newberry, FL?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 200 | 173 | -13.5% |
Summary: The Newberry real estate market had 173 homes for sale in September 2024, a 13.5% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 13 | 12 | -7.7% |
| 3 Bedrooms | 76 | 66 | -13.2% |
| 4 Bedrooms | 94 | 78 | -17.0% |
| 5+ Bedrooms | 17 | 17 | 0.0% |
Summary: The Newberry housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 7.7%, 3 bedroom homes decreased by 13.2%, 4 bedroom homes decreased by 17%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 42 | 25 | -40.5% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Newberry, you may be able to get a good deal. 52% of homes here sold below asking price last month.
Summary: A total of 25 homes were sold or pending in Newberry in September 2024, down by 40.5% month-over-month. Of the 25 sold homes, 52% were sold under asking, 48% were sold at asking, and 0% were sold over asking.
Days on Market for Newberry, FL
How long does it take to sell a home in Newberry, FL?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 45 Days | 59 Days | +32.6% |
Summary: Homes in Newberry had an average of 59 days on market in Sep 2024, up by 32.6% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Newberry are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 25 homes were sold in Newberry; 44% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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