$2,374 Closing Credit*
$199,900
795 SqFt
1 Bed
•1 Full Bath
HICKORY DELEGAL, Listing Office: OCEANSIDE REAL ESTATE
Is Palm Valley, 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 Valley was a Seller's Market.
Key Takeaway
Palm Valley is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Palm Valley, FL
How much do homes in Palm Valley, FL cost?
Median Sold Price
$653,500
$350/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$15,250(-2.3%)
Key Takeaway
Homes in Palm Valley have sold for 2.3% less than they did a year ago.
Summary: The median home sold price in Palm Valley was $653,500 in November 2024, down 2.3% from last year, and the median price per square foot was $350.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $230K | $220K | -4.3% |
| 2 Bedrooms | $305K | $310K | +1.6% |
| 3 Bedrooms | $660K | $641.4K | -2.8% |
| 4 Bedrooms | $1.0M | $1.1M | +9.6% |
| 5+ Bedrooms | $1.4M | $1.6M | +11.3% |
Summary: Palm Valley housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.3%, 2 bedroom homes increased by 1.6%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes increased by 11.3%.
Housing Supply in Palm Valley, FL
How many homes are available in Palm Valley, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 147 | 156 | +6.1% |
Summary: The Palm Valley real estate market had 156 homes for sale in November 2024, a 6.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 10 | 0.0% |
| 2 Bedrooms | 29 | 34 | +17.2% |
| 3 Bedrooms | 49 | 48 | -2.0% |
| 4 Bedrooms | 35 | 37 | +5.7% |
| 5+ Bedrooms | 24 | 27 | +12.5% |
Summary: The Palm Valley 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 increased by 17.2%, 3 bedroom homes decreased by 2%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 14 | -36.4% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Palm Valley, you may be able to get a good deal. 78.6% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Palm Valley in November 2024, down by 36.4% month-over-month. Of the 14 sold homes, 79% were sold under asking, 14% were sold at asking, and 7% were sold over asking.
Days on Market for Palm Valley, FL
How long does it take to sell a home in Palm Valley, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 65 Days | 66 Days | +2.4% |
Summary: Homes in Palm Valley had an average of 66 days on market in Nov 2024, up by 2.4% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Palm Valley are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 14 homes were sold in Palm Valley; 36% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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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, and that the data is deemed reliable but is not guaranteed accurate by the MLS.