Is Paxton-Darlington, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Paxton-Darlington is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Paxton-Darlington was a Seller's Market.

Key Takeaway

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

Housing Prices in Paxton-Darlington, FL

How much do homes in Paxton-Darlington, FL cost?

Median Sold Price

$255,000

$186/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$8,300(+3.4%)

Key Takeaway

Homes in Paxton-Darlington have sold for 3.4% more than they did a year ago.

Summary: The median home sold price in Paxton-Darlington was $255,000 in October 2024, up 3.4% from last year, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $135K-
N/A
2 $217.5K$150K
-31.0%
3 $247.4K$250K
+1.1%
4 $277.8K$390K
+40.3%
5+ $600K$362K
-39.7%

Summary: Paxton-Darlington 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 31%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 40.3%, and 5+ bedroom homes decreased by 39.7%.

Median Sold Price Compared To Nearby Cities

Defuniak Springs
+4.0%
Paxton-Darlington
+3.4%

Housing Supply in Paxton-Darlington, FL

How many homes are available in Paxton-Darlington, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3542+20.0%

Summary: The Paxton-Darlington real estate market had 42 homes for sale in October 2024, a 20.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 89
+12.5%
3 2020
0.0%
4 37
+133.3%
5+ 34
+33.3%

Summary: The Paxton-Darlington housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 12.5%, 3 bedroom homes remained the same, 4 bedroom homes increased by 133.3%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Paxton-Darlington, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Paxton-Darlington in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Paxton-Darlington, FL

How long does it take to sell a home in Paxton-Darlington, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
30 Days99 Days+220.8%

Summary: Homes in Paxton-Darlington had an average of 99 days on market in Oct 2024, up by 220.8% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Paxton-Darlington has remained consistent over time.

Summary: During October 2024, 3 homes were sold in Paxton-Darlington; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% 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 20 Days Ago

Newest Listings in Paxton-Darlington, FL

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