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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ribault is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Ribault, FL

How much do homes in Ribault, FL cost?

Median Sold Price

$59,000

$77/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$72,500(-55.1%)

Key Takeaway

Homes in Ribault have sold for 55.1% less than they did a year ago.

Summary: The median home sold price in Ribault was $59,000 in October 2024, down 55.1% from last year, and the median price per square foot was $77.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $55.5K$47.1K
-15.1%
3 $145K$140K
-3.4%
4 $237.5K$172.5K
-27.4%
5+ $223.3K$135.4K
-39.3%

Summary: Ribault 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 15.1%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes decreased by 27.4%, and 5+ bedroom homes decreased by 39.3%.

Housing Supply in Ribault, FL

How many homes are available in Ribault, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1416+14.3%

Summary: The Ribault real estate market had 16 homes for sale in October 2024, a 14.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 66
0.0%
3 67
+16.7%
4 11
0.0%
5+ 11
0.0%

Summary: The Ribault 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 remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

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 Ribault, 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 Ribault in October 2024, up by 100.0% month-over-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 Ribault, FL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
57 Days48 Days-16.8%

Summary: Homes in Ribault had an average of 48 days on market in Oct 2024, down by 16.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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

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

Summary: During October 2024, 2 homes were sold in Ribault; 50% of homes were sold within 30 days, 0% 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 13 Days Ago

Newest Listings in Ribault, FL

Nearby Markets to Ribault, FL