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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Northeast is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, Northeast has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Northeast, FL

How much do homes in Northeast, FL cost?

Median Sold Price

$229,000

$175/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$17,417(+8.2%)

Key Takeaway

Homes in Northeast have sold for 8.2% more than they did a year ago.

Summary: The median home sold price in Northeast was $229,000 in November 2024, up 8.2% from last year, and the median price per square foot was $175.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $110K$97.7K
-11.1%
2 $140K$132.5K
-5.4%
3 $228K$235.5K
+3.3%
4 $312K$322.5K
+3.4%
5+ --
N/A

Summary: Northeast housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.1%, 2 bedroom homes decreased by 5.4%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Northeast
+8.2%
East Tampa
-1.7%

Housing Supply in Northeast, FL

How many homes are available in Northeast, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1921+10.5%

Summary: The Northeast real estate market had 21 homes for sale in November 2024, a 10.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 77
0.0%
2 55
0.0%
3 68
+33.3%
4 11
0.0%
5+ 00
0.0%

Summary: The Northeast 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 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 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 Northeast, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Northeast in November 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Northeast, FL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
38 Days1 Day-97.4%

Summary: Homes in Northeast had an average of 1 days on market in Nov 2024, down by 97.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 1 homes were sold in Northeast; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 22 Days Ago

Newest Listings in Northeast, FL

Nearby Markets to Northeast, FL