Is Ponce de Leon, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ponce de Leon is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Ponce de Leon was a Seller's Market.

Key Takeaway

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

Housing Prices in Ponce de Leon, FL

How much do homes in Ponce de Leon, FL cost?

Median Sold Price

$975,000

$270/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$777,500(+393.7%)

Key Takeaway

Homes in Ponce de Leon have sold for 393.7% more than they did a month ago.

Summary: The median home sold price in Ponce de Leon was $975,000 in October 2024, up 393.7% from last month, and the median price per square foot was $270.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $160K$975K
+509.4%
4 --
N/A
5+ $235K-
N/A

Summary: Ponce de Leon housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 509.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Ponce de Leon
+393.7%
Ponce De Leon
+393.7%

Housing Supply in Ponce de Leon, FL

How many homes are available in Ponce de Leon, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1113+18.2%

Summary: The Ponce de Leon real estate market had 13 homes for sale in October 2024, a 18.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 57
+40.0%
4 33
0.0%
5+ 10
-100.0%

Summary: The Ponce de Leon 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 50%, 3 bedroom homes increased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 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 Ponce de Leon, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Ponce de Leon in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Ponce de Leon, FL

How long does it take to sell a home in Ponce de Leon, FL?

Average Sale Time

Sep 2024Oct 2024CHANGE
33 Days139 Days+314.9%

Summary: Homes in Ponce de Leon had an average of 139 days on market in Oct 2024, up by 314.9% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 1 homes were sold in Ponce de Leon; 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 18 Days Ago

Newest Listings in Ponce de Leon, FL

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