$2,969 Closing Credit*
$250,000
1,146 SqFt
3 Beds
•2 Full Baths
Nikkita Kent, Listing Office: Better Homes And Gardens Real Estate Main Street Properties
Is Pace, 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, Pace has remained a Seller's Market.
Key Takeaway
Pace is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pace, FL
How much do homes in Pace, FL cost?
Median Sold Price
$334,218
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$7,848(+2.4%)
Key Takeaway
Homes in Pace have sold for 2.4% more than they did a year ago.
Summary: The median home sold price in Pace was $334,218 in October 2024, up 2.4% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $172.8K | - | N/A |
| 2 Bedrooms | $195K | $212K | +8.7% |
| 3 Bedrooms | $290.1K | $283.5K | -2.3% |
| 4 Bedrooms | $349.9K | $370K | +5.7% |
| 5+ Bedrooms | $449.9K | $560K | +24.5% |
Summary: Pace housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.7%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 24.5%.
Median Sold Price Compared To Nearby Cities
| Allentown | $299.4K | $359.5K | +20.1% |
| Skyline | $336.7K | $349.9K | +3.9% |
| Pace | $326.3K | $334.2K | +2.4% |
| Milton | $319.9K | $317.4K | -0.8% |
| Avalon-Mulat | $309.9K | $285.9K | -7.7% |
Housing Supply in Pace, FL
How many homes are available in Pace, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 260 | 279 | +7.3% |
Summary: The Pace real estate market had 279 homes for sale in October 2024, a 7.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 117 | 133 | +13.7% |
| 4 Bedrooms | 120 | 121 | +0.8% |
| 5+ Bedrooms | 20 | 21 | +5.0% |
Summary: The Pace housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 13.7%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes increased by 5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 41 | 58 | +41.5% |
Asking Price vs. Sold Price
29 Homes Were Sold
Under Asking
23 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pace, you may be able to get a good deal. 53.7% of homes here sold below asking price last month.
Summary: A total of 58 homes were sold or pending in Pace in October 2024, up by 41.5% month-over-month. Of the 54 sold homes, 54% were sold under asking, 43% were sold at asking, and 4% were sold over asking.
Days on Market for Pace, FL
How long does it take to sell a home in Pace, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 43 Days | 72 Days | +66.0% |
Summary: Homes in Pace had an average of 72 days on market in Oct 2024, up by 66% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
21 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pace are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 58 homes were sold in Pace; 41% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.
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Listings courtesy of Stellar MLS as distributed by MLS GRID.
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