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 November 2023

At the same time last year, Parkdale was a Neutral 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

$348,000

$210/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$300(+0.1%)

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 $348,000 in November 2024, up 0.1% from last year, and the median price per square foot was $210.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $269K$305K
+13.4%
3 $345K$330K
-4.3%
4 $365K$363.5K
-0.4%
5+ $410K$513.5K
+25.2%

Summary: Parkdale housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.4%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes increased by 25.2%.

Median Sold Price Compared To Nearby Neighborhoods

Alabama
+11.7%
Eisenhower
+4.3%
Parkdale
0.1%

Housing Supply in Parkdale, FL

How many homes are available in Parkdale, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
148164+10.8%

Summary: The Parkdale real estate market had 164 homes for sale in November 2024, a 10.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 111118
+6.3%
4 2735
+29.6%
5+ 88
0.0%

Summary: The Parkdale 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 50%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 29.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1914-26.3%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 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. 57.1% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Parkdale in November 2024, down by 26.3% month-over-month. Of the 14 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% 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

Nov 2023Nov 2024CHANGE
66 Days52 Days-21.9%

Summary: Homes in Parkdale had an average of 52 days on market in Nov 2024, down by 21.9% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Parkdale has remained consistent over time.

Summary: During November 2024, 14 homes were sold in Parkdale; 36% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 21% 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 17 Days Ago

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