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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ruskin is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Ruskin, FL

How much do homes in Ruskin, FL cost?

Median Sold Price

$349,834

$197/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$5,159(-1.5%)

Key Takeaway

Homes in Ruskin have sold for 1.5% less than they did a year ago.

Summary: The median home sold price in Ruskin was $349,834 in October 2024, down 1.5% from last year, and the median price per square foot was $197.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $140K$132.5K
-5.4%
2 $274.9K$264.9K
-3.6%
3 $360K$343.4K
-4.6%
4 $424.3K$446.6K
+5.2%
5+ $479.9K$496.7K
+3.5%

Summary: Ruskin housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.4%, 2 bedroom homes decreased by 3.6%, 3 bedroom homes decreased by 4.6%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes increased by 3.5%.

Median Sold Price Compared To Nearby Cities

Ruskin
-1.5%
Sun City Center
-2.1%
Wimauma
-2.4%
Apollo Beach
-6.4%

Housing Supply in Ruskin, FL

How many homes are available in Ruskin, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1,1311,1330.2%

Summary: The Ruskin real estate market had 1,133 homes for sale in October 2024, a 0.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 2023
+15.0%
2 336336
0.0%
3 370369
-0.3%
4 308307
-0.3%
5+ 9798
+1.0%

Summary: The Ruskin housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 15%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 0.3%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes increased by 1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
133127-4.5%

Asking Price vs. Sold Price

79 Homes Were Sold
Under Asking

30 Homes Were Sold
At Asking

18 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ruskin, you may be able to get a good deal. 62.2% of homes here sold below asking price last month.

Summary: A total of 127 homes were sold or pending in Ruskin in October 2024, down by 4.5% month-over-month. Of the 127 sold homes, 62% were sold under asking, 24% were sold at asking, and 14% were sold over asking.

Days on Market for Ruskin, FL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
48 Days73 Days+51.0%

Summary: Homes in Ruskin had an average of 73 days on market in Oct 2024, up by 51% compared to last year.

Breakdown of Home Sale Times

40 Homes Were Sold
Under 30 Days

45 Homes Were Sold
In 30 - 90 Days

42 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 127 homes were sold in Ruskin; 31% of homes were sold within 30 days, 35% 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 16 Days Ago

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