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 November 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

$349,794

$197/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$6,419(-1.8%)

Key Takeaway

Homes in Ruskin have sold for 1.8% less than they did a year ago.

Summary: The median home sold price in Ruskin was $349,794 in November 2024, down 1.8% from last year, and the median price per square foot was $197.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $140K$129.8K
-7.2%
2 $273.4K$264.9K
-3.1%
3 $360K$342.9K
-4.7%
4 $427.5K$446.9K
+4.6%
5+ $479.9K$498.9K
+4.0%

Summary: Ruskin housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.2%, 2 bedroom homes decreased by 3.1%, 3 bedroom homes decreased by 4.7%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes increased by 4%.

Median Sold Price Compared To Nearby Cities

Ruskin
-1.8%
Wimauma
-2.4%
Sun City Center
-4.5%
Apollo Beach
-5.2%

Housing Supply in Ruskin, FL

How many homes are available in Ruskin, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1,1031,166+5.7%

Summary: The Ruskin real estate market had 1,166 homes for sale in November 2024, a 5.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 2122
+4.8%
2 335374
+11.6%
3 365382
+4.7%
4 291293
+0.7%
5+ 9195
+4.4%

Summary: The Ruskin housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 4.8%, 2 bedroom homes increased by 11.6%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes increased by 4.4%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
143125-12.6%

Asking Price vs. Sold Price

90 Homes Were Sold
Under Asking

25 Homes Were Sold
At Asking

10 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. 72% of homes here sold below asking price last month.

Summary: A total of 125 homes were sold or pending in Ruskin in November 2024, down by 12.6% month-over-month. Of the 125 sold homes, 72% were sold under asking, 20% were sold at asking, and 8% 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

Nov 2023Nov 2024CHANGE
46 Days74 Days+59.9%

Summary: Homes in Ruskin had an average of 74 days on market in Nov 2024, up by 59.9% compared to last year.

Breakdown of Home Sale Times

34 Homes Were Sold
Under 30 Days

51 Homes Were Sold
In 30 - 90 Days

40 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 November 2024, 125 homes were sold in Ruskin; 27% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 32% 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 17 Days Ago

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