Is North Central, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Central is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in North Central, FL

How much do homes in North Central, FL cost?

Median Sold Price

$365,000

$265/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$50,000(+15.9%)

Key Takeaway

Homes in North Central have sold for 15.9% more than they did a year ago.

Summary: The median home sold price in North Central was $365,000 in November 2024, up 15.9% from last year, and the median price per square foot was $265.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $168K$159K
-5.4%
2 $353K$247.5K
-29.9%
3 $500K$464K
-7.2%
4 $560K$575K
+2.7%
5+ -$552.5K
N/A

Summary: North Central housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.4%, 2 bedroom homes decreased by 29.9%, 3 bedroom homes decreased by 7.2%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Park East
+17.3%
North Central
+15.9%
Highland Garden
-2.5%

Housing Supply in North Central, FL

How many homes are available in North Central, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7378+6.8%

Summary: The North Central real estate market had 78 homes for sale in November 2024, a 6.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 2224
+9.1%
2 2426
+8.3%
3 2121
0.0%
4 35
+66.7%
5+ 32
-33.3%

Summary: The North Central housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 9.1%, 2 bedroom homes increased by 8.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
92-77.8%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Central, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in North Central in November 2024, down by 77.8% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for North Central, FL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
30 Days200 Days+557.4%

Summary: Homes in North Central had an average of 200 days on market in Nov 2024, up by 557.4% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in North Central are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 2 homes were sold in North Central; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 17 Days Ago

Newest Listings in North Central, FL

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