$2,375 Closing Credit*
$199,999
2,448 SqFt
3 Beds
•2 Full Baths, 1 Partial
Stephen Hachey, Listing Office: FLAT FEE MLS REALTY
Is Newberry-Archer, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Newberry-Archer has remained a Seller's Market.
Key Takeaway
Newberry-Archer is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Newberry-Archer, FL
How much do homes in Newberry-Archer, FL cost?
Median Sold Price
$374,995
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$12,177(+3.4%)
Key Takeaway
Homes in Newberry-Archer have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in Newberry-Archer was $374,995 in October 2024, up 3.4% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $184.5K | $305K | +65.3% |
| 2 Bedrooms | $212K | $277.9K | +31.1% |
| 3 Bedrooms | $335K | $340K | +1.5% |
| 4 Bedrooms | $400K | $412.9K | +3.2% |
| 5+ Bedrooms | $431.9K | $450K | +4.2% |
Summary: Newberry-Archer housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 65.3%, 2 bedroom homes increased by 31.1%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 4.2%.
Median Sold Price Compared To Nearby Cities
| Archer | $228K | $330K | +44.7% |
| Williston-Bronson | $240.7K | $252K | +4.7% |
| Newberry | $358.9K | $374.9K | +4.5% |
| Newberry-Archer | $362.8K | $374.9K | +3.4% |
| Alachua | $339.9K | $337.3K | -0.8% |
Housing Supply in Newberry-Archer, FL
How many homes are available in Newberry-Archer, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 218 | 216 | -0.9% |
Summary: The Newberry-Archer real estate market had 216 homes for sale in October 2024, a 0.9% 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 | 10 | 9 | -10.0% |
| 3 Bedrooms | 89 | 91 | +2.2% |
| 4 Bedrooms | 99 | 95 | -4.0% |
| 5+ Bedrooms | 20 | 21 | +5.0% |
Summary: The Newberry-Archer 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 decreased by 10%, 3 bedroom homes increased by 2.2%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes increased by 5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 36 | 38 | +5.6% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Newberry-Archer, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 38 homes were sold or pending in Newberry-Archer in October 2024, up by 5.6% month-over-month. Of the 38 sold homes, 50% were sold under asking, 42% were sold at asking, and 8% were sold over asking.
Days on Market for Newberry-Archer, FL
How long does it take to sell a home in Newberry-Archer, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 58 Days | 59 Days | +2.6% |
Summary: Homes in Newberry-Archer had an average of 59 days on market in Oct 2024, up by 2.6% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Newberry-Archer are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 38 homes were sold in Newberry-Archer; 50% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 29% 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.