$3,634 Closing Credit*
$305,990
1,552 SqFt
3 Beds
•2 Full Baths
Richard Fadil, Listing Office: HOLIDAY BUILDERS GULF COAST
Is Palm Coast, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Palm Coast was a Seller's Market.
Key Takeaway
Palm Coast is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Palm Coast, FL
How much do homes in Palm Coast, FL cost?
Median Sold Price
$358,304
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$1,567(-0.4%)
Key Takeaway
The sold price of homes in Palm Coast has remained the same since last year.
Summary: The median home sold price in Palm Coast was $358,304 in November 2024, down 0.4% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $258K | $275.8K | +6.9% |
| 2 Bedrooms | $269K | $274.9K | +2.2% |
| 3 Bedrooms | $349.4K | $348.6K | -0.2% |
| 4 Bedrooms | $389K | $372K | -4.4% |
| 5+ Bedrooms | $493K | $441.2K | -10.5% |
Summary: Palm Coast housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.9%, 2 bedroom homes increased by 2.2%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes decreased by 4.4%, and 5+ bedroom homes decreased by 10.5%.
Median Sold Price Compared To Nearby Cities
| Flagler Beach | $529.8K | $535K | +1.0% |
| Palm Coast | $359.8K | $358.3K | -0.4% |
| Bunnell | $309.9K | $299.9K | -3.2% |
Housing Supply in Palm Coast, FL
How many homes are available in Palm Coast, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1,980 | 1,948 | -1.6% |
Summary: The Palm Coast real estate market had 1,948 homes for sale in November 2024, a 1.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 6 | -25.0% |
| 2 Bedrooms | 129 | 130 | +0.8% |
| 3 Bedrooms | 1,127 | 1,090 | -3.3% |
| 4 Bedrooms | 624 | 633 | +1.4% |
| 5+ Bedrooms | 92 | 89 | -3.3% |
Summary: The Palm Coast housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 0.8%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes decreased by 3.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 241 | 164 | -32.0% |
Asking Price vs. Sold Price
129 Homes Were Sold
Under Asking
24 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Palm Coast, you may be able to get a good deal. 78.7% of homes here sold below asking price last month.
Summary: A total of 164 homes were sold or pending in Palm Coast in November 2024, down by 32.0% month-over-month. Of the 164 sold homes, 79% were sold under asking, 15% were sold at asking, and 7% were sold over asking.
Days on Market for Palm Coast, FL
How long does it take to sell a home in Palm Coast, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 65 Days | 82 Days | +26.7% |
Summary: Homes in Palm Coast had an average of 82 days on market in Nov 2024, up by 26.7% compared to last year.
Breakdown of Home Sale Times
58 Homes Were Sold
Under 30 Days
52 Homes Were Sold
In 30 - 90 Days
54 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Palm Coast are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 164 homes were sold in Palm Coast; 35% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.