Is Nocatee, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Nocatee is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Nocatee was a Seller's Market.

Key Takeaway

Nocatee is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Nocatee, FL

How much do homes in Nocatee, FL cost?

Median Sold Price

$639,000

$298/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$6,000(-0.9%)

Key Takeaway

Homes in Nocatee have sold for 0.9% less than they did a year ago.

Summary: The median home sold price in Nocatee was $639,000 in November 2024, down 0.9% from last year, and the median price per square foot was $298.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $525K$511K
-2.7%
3 $571.3K$575K
+0.6%
4 $811K$750K
-7.5%
5+ $910K$1.2M
+36.0%

Summary: Nocatee housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.7%, 3 bedroom homes increased by 0.6%, 4 bedroom homes decreased by 7.5%, and 5+ bedroom homes increased by 36%.

Median Sold Price Compared To Nearby Neighborhoods

Coastal Oaks
+23.5%
Nocatee
-0.9%

Housing Supply in Nocatee, FL

How many homes are available in Nocatee, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
184187+1.6%

Summary: The Nocatee real estate market had 187 homes for sale in November 2024, a 1.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 3134
+9.7%
3 7473
-1.4%
4 6765
-3.0%
5+ 1215
+25.0%

Summary: The Nocatee 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 increased by 9.7%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2818-35.7%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Nocatee, you may be able to get a good deal. 94.4% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in Nocatee in November 2024, down by 35.7% month-over-month. Of the 18 sold homes, 94% were sold under asking, 6% were sold at asking, and 0% were sold over asking.

Days on Market for Nocatee, FL

How long does it take to sell a home in Nocatee, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
58 Days76 Days+30.1%

Summary: Homes in Nocatee had an average of 76 days on market in Nov 2024, up by 30.1% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Nocatee are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 18 homes were sold in Nocatee; 39% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 39% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 23 Days Ago

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