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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Randal Park is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, Randal Park has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Randal Park, FL

How much do homes in Randal Park, FL cost?

Median Sold Price

$533,590

$257/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$23,910(-4.3%)

Key Takeaway

Homes in Randal Park have sold for 4.3% less than they did a year ago.

Summary: The median home sold price in Randal Park was $533,590 in November 2024, down 4.3% from last year, and the median price per square foot was $257.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $433.5K$461.3K
+6.4%
4 $663.7K$760K
+14.5%
5+ $790K$621.7K
-21.3%

Summary: Randal Park 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 did not change, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes decreased by 21.3%.

Median Sold Price Compared To Nearby Neighborhoods

Storey Park
+1.9%
Randal Park
-4.3%

Housing Supply in Randal Park, FL

How many homes are available in Randal Park, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
27270.0%

Summary: The Randal Park real estate market had 27 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1111
0.0%
4 88
0.0%
5+ 88
0.0%

Summary: The Randal Park 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

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 Randal Park, 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 Randal Park in November 2024, the same as the previous 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 Randal Park, FL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
34 Days106 Days+211.8%

Summary: Homes in Randal Park had an average of 106 days on market in Nov 2024, up by 211.8% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was 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 Randal Park has remained consistent over time.

Summary: During November 2024, 2 homes were sold in Randal Park; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 21 Days Ago

Newest Listings in Randal Park, FL

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