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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pahokee is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 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

$303,000

$184/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$93,000(+44.3%)

Key Takeaway

Homes in Pahokee have sold for 44.3% more than they did a year ago.

Summary: The median home sold price in Pahokee was $303,000 in November 2024, up 44.3% from last year, and the median price per square foot was $184.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $110K-
N/A
3 $210K$185K
-11.9%
4 $260K$345.9K
+33.0%
5+ $197.5K$367.9K
+86.3%

Summary: Pahokee 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 did not change, 3 bedroom homes decreased by 11.9%, 4 bedroom homes increased by 33%, and 5+ bedroom homes increased by 86.3%.

Housing Supply in Pahokee, FL

How many homes are available in Pahokee, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2015-25.0%

Summary: The Pahokee real estate market had 15 homes for sale in November 2024, a 25.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 97
-22.2%
4 43
-25.0%
5+ 43
-25.0%

Summary: The Pahokee 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 decreased by 33.3%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
330.0%

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 Pahokee, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Pahokee in November 2024, the same as the previous 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 Pahokee, FL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
109 Days84 Days-22.6%

Summary: Homes in Pahokee had an average of 84 days on market in Nov 2024, down by 22.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 3 homes were sold in Pahokee; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 20 Days Ago

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