$25,000
Land
Tamara Dowdell, Listing Office: Keller Williams Realty - Welli
Is Pahokee, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Pahokee has remained a Seller's Market.
Key Takeaway
Pahokee is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pahokee, FL
How much do homes in Pahokee, FL cost?
Median Sold Price
$296,450
$163/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$18,450(-5.9%)
Key Takeaway
Homes in Pahokee have sold for 5.9% less than they did a month ago.
Summary: The median home sold price in Pahokee was $296,450 in October 2024, down 5.9% from last month, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $314.9K | $226K | -28.2% |
| 4 Bedrooms | $320.9K | - | N/A |
| 5+ Bedrooms | - | $374.7K | N/A |
Summary: Pahokee housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 28.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Belle Glade-Pahokee | $314.9K | $307.5K | -2.3% |
| Pahokee | $314.9K | $296.4K | -5.9% |
Housing Supply in Pahokee, FL
How many homes are available in Pahokee, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 20 | +17.6% |
Summary: The Pahokee real estate market had 20 homes for sale in October 2024, a 17.6% increase 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 | 1 | 3 | +200.0% |
| 3 Bedrooms | 7 | 9 | +28.6% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Pahokee 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 increased by 200%, 3 bedroom homes increased by 28.6%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pahokee, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Pahokee in October 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Pahokee, FL
How long does it take to sell a home in Pahokee, FL?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 82 Days | 46 Days | -43.8% |
Summary: Homes in Pahokee had an average of 46 days on market in Oct 2024, down by 43.8% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Pahokee are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in Pahokee; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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