$10,000 Closing Credit*
$1,250,000
4,197 SqFt
4 Beds
•4 Full Baths, 1 Partial
Cheryl Hartley, Listing Office: BHHS FLORIDA REALTY
Is Newberry, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Newberry has remained a Buyer's Market.
Key Takeaway
Newberry is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Newberry, FL
How much do homes in Newberry, FL cost?
Median Sold Price
$368,411
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$8,451(+2.3%)
Key Takeaway
Homes in Newberry have sold for 2.3% more than they did a year ago.
Summary: The median home sold price in Newberry was $368,411 in November 2024, up 2.3% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $177K | $170K | -4.0% |
| 2 Bedrooms | $243.9K | $270K | +10.7% |
| 3 Bedrooms | $324.1K | $333.8K | +3.0% |
| 4 Bedrooms | $417.4K | $414.9K | -0.6% |
| 5+ Bedrooms | $431.9K | $440K | +1.9% |
Summary: Newberry housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4%, 2 bedroom homes increased by 10.7%, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes increased by 1.9%.
Median Sold Price Compared To Nearby Cities
| Newberry-Archer | $363.2K | $374.9K | +3.2% |
| Newberry | $359.9K | $368.4K | +2.3% |
| High Springs-Alachua | $329.7K | $330.3K | 0.2% |
Housing Supply in Newberry, FL
How many homes are available in Newberry, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 179 | 182 | +1.7% |
Summary: The Newberry real estate market had 182 homes for sale in November 2024, a 1.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 12 | 12 | 0.0% |
| 3 Bedrooms | 71 | 73 | +2.8% |
| 4 Bedrooms | 76 | 77 | +1.3% |
| 5+ Bedrooms | 20 | 20 | 0.0% |
Summary: The Newberry housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 32 | 24 | -25.0% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Newberry, you may be able to get a good deal. 79.2% of homes here sold below asking price last month.
Summary: A total of 24 homes were sold or pending in Newberry in November 2024, down by 25.0% month-over-month. Of the 24 sold homes, 79% were sold under asking, 17% were sold at asking, and 4% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 48 Days | 82 Days | +71.4% |
Summary: Homes in Newberry had an average of 82 days on market in Nov 2024, up by 71.4% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Newberry are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 24 homes were sold in Newberry; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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