$7,719 Closing Credit*
$650,000
2,650 SqFt
4 Beds
•3 Full Baths
Wanda Cintron, Listing Office: KELLER WILLIAMS LEGACY REALTY
Is Newberry, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Newberry was a Seller's 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
$374,990
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$15,995(+4.5%)
Key Takeaway
Homes in Newberry have sold for 4.5% more than they did a year ago.
Summary: The median home sold price in Newberry was $374,990 in October 2024, up 4.5% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $177K | $170K | -4.0% |
| 2 Bedrooms | $241.9K | $257K | +6.2% |
| 3 Bedrooms | $325K | $330K | +1.5% |
| 4 Bedrooms | $390K | $415K | +6.4% |
| 5+ Bedrooms | $422.4K | $453.3K | +7.3% |
Summary: Newberry housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4%, 2 bedroom homes increased by 6.2%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes increased by 7.3%.
Median Sold Price Compared To Nearby Cities
| Newberry | $358.9K | $374.9K | +4.5% |
| Newberry-Archer | $362.8K | $374.9K | +3.4% |
| High Springs-Alachua | $329.9K | $330.3K | 0.1% |
Housing Supply in Newberry, FL
How many homes are available in Newberry, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 185 | 184 | -0.5% |
Summary: The Newberry real estate market had 184 homes for sale in October 2024, a 0.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 11 | 12 | +9.1% |
| 3 Bedrooms | 69 | 73 | +5.8% |
| 4 Bedrooms | 86 | 80 | -7.0% |
| 5+ Bedrooms | 19 | 19 | 0.0% |
Summary: The Newberry 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 increased by 9.1%, 3 bedroom homes increased by 5.8%, 4 bedroom homes decreased by 7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 32 | 30 | -6.3% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Newberry, expect to pay close to the asking price. 46.7% of homes here sold near the asking price last month.
Summary: A total of 30 homes were sold or pending in Newberry in October 2024, down by 6.3% month-over-month. Of the 30 sold homes, 43% were sold under asking, 47% were sold at asking, and 10% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 47 Days | 69 Days | +48.4% |
Summary: Homes in Newberry had an average of 69 days on market in Oct 2024, up by 48.4% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
11 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 October 2024, 30 homes were sold in Newberry; 43% of homes were sold within 30 days, 20% 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.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.