$10,000 Closing Credit*
$849,900
1,782 SqFt
3 Beds
•2 Full Baths
Curtis Skomp, Listing Office: RE/MAX ALL KEYS REAL ESTATE
Is Palm Hill, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Palm Hill was a Seller's Market.
Key Takeaway
Palm Hill is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Palm Hill, FL
How much do homes in Palm Hill, FL cost?
Median Sold Price
$190,000
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$10,000(-5.0%)
Key Takeaway
Homes in Palm Hill have sold for 5% less than they did a year ago.
Summary: The median home sold price in Palm Hill was $190,000 in October 2024, down 5% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $174K | $129K | -25.9% |
| 3 Bedrooms | $334.9K | $324K | -3.3% |
| 4 Bedrooms | $465K | $543K | +16.8% |
| 5+ Bedrooms | - | - | N/A |
Summary: Palm Hill 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 decreased by 25.9%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes increased by 16.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Whispering Pines | $320K | $380K | +18.8% |
| Water View Estates | $195K | $210K | +7.7% |
| Downtown Largo | $354K | $350K | -1.1% |
| Palm Hill | $200K | $190K | -5.0% |
Housing Supply in Palm Hill, FL
How many homes are available in Palm Hill, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 6 | -25.0% |
Summary: The Palm Hill real estate market had 6 homes for sale in October 2024, a 25.0% decrease 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 | 5 | 4 | -20.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Palm Hill 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 decreased by 20%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Palm Hill, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Palm Hill in October 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Palm Hill, FL
How long does it take to sell a home in Palm Hill, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 26 Days | 19 Days | -29.2% |
Summary: Homes in Palm Hill had an average of 19 days on market in Oct 2024, down by 29.2% 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
Key Takeaway
Many homes in Palm Hill are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Palm Hill; 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.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.