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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Parkdale is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Parkdale, FL

How much do homes in Parkdale, FL cost?

Median Sold Price

$347,450

$210/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$1,450(+0.4%)

Key Takeaway

The sold price of homes in Parkdale has remained the same since last year.

Summary: The median home sold price in Parkdale was $347,450 in October 2024, up 0.4% from last year, and the median price per square foot was $210.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $282.5K$305K
+8.0%
3 $337.5K$330K
-2.2%
4 $365.9K$365K
-0.2%
5+ $410K$416.9K
+1.7%

Summary: Parkdale 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 increased by 8%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes increased by 1.7%.

Median Sold Price Compared To Nearby Neighborhoods

Alabama
+11.0%
Eisenhower
+4.6%
Parkdale
0.4%

Housing Supply in Parkdale, FL

How many homes are available in Parkdale, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
141153+8.5%

Summary: The Parkdale real estate market had 153 homes for sale in October 2024, a 8.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 13
+200.0%
3 104111
+6.7%
4 2733
+22.2%
5+ 96
-33.3%

Summary: The Parkdale 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 increased by 200%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1815-16.7%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Parkdale, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Parkdale in October 2024, down by 16.7% month-over-month. Of the 15 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.

Days on Market for Parkdale, FL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
60 Days47 Days-21.9%

Summary: Homes in Parkdale had an average of 47 days on market in Oct 2024, down by 21.9% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 15 homes were sold in Parkdale; 47% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 27% 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 14 Days Ago

Newest Listings in Parkdale, FL

Nearby Markets to Parkdale, FL