Is Park Central, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Park Central is a buyer's market

Buyer's
Market

Difference Since December 2023

At the same time last year, Park Central was a Seller's Market.

Key Takeaway

Park Central is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Park Central, FL

How much do homes in Park Central, FL cost?

Median Sold Price

$198,500

$204/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$21,500(-9.8%)

Key Takeaway

Homes in Park Central have sold for 9.8% less than they did a year ago.

Summary: The median home sold price in Park Central was $198,500 in December 2024, down 9.8% from last year, and the median price per square foot was $204.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $142K$160K
+12.7%
2 $215K$202K
-6.0%
3 $270K$272.5K
+0.9%
4 --
N/A
5+ --
N/A

Summary: Park Central housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.7%, 2 bedroom homes decreased by 6%, 3 bedroom homes increased by 0.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Park Central, FL

How many homes are available in Park Central, FL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1920+5.3%

Summary: The Park Central real estate market had 20 homes for sale in December 2024, a 5.3% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 54
-20.0%
2 1112
+9.1%
3 34
+33.3%
4 00
0.0%
5+ 00
0.0%

Summary: The Park Central housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
42-50.0%

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

Summary: A total of 2 homes were sold or pending in Park Central in December 2024, down by 50.0% month-over-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 Park Central, FL

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

Average Sale Time

Dec 2023Dec 2024CHANGE
21 Days108 Days+404.7%

Summary: Homes in Park Central had an average of 108 days on market in Dec 2024, up by 404.7% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Park Central are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During December 2024, 2 homes were sold in Park Central; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 7 Days Ago

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