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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sanderson is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Sanderson was a Buyer's Market.

Key Takeaway

Sanderson is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Sanderson, FL

How much do homes in Sanderson, FL cost?

Median Sold Price

$600,000

$219/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$32,500(+5.7%)

Key Takeaway

Homes in Sanderson have sold for 5.7% more than they did a month ago.

Summary: The median home sold price in Sanderson was $600,000 in November 2024, up 5.7% from last month, and the median price per square foot was $219.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$125K
N/A
3 -$600K
N/A
4 $600K-
N/A
5+ $535K$1.4M
+166.4%

Summary: Sanderson housing prices by bedroom type for November 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes increased by 166.4%.

Housing Supply in Sanderson, FL

How many homes are available in Sanderson, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1521+40.0%

Summary: The Sanderson real estate market had 21 homes for sale in November 2024, a 40.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 44
0.0%
3 49
+125.0%
4 34
+33.3%
5+ 44
0.0%

Summary: The Sanderson 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 increased by 125%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

3 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 Sanderson, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Sanderson in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Sanderson, FL

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

Average Sale Time

Oct 2024Nov 2024CHANGE
19 Days71 Days+277.2%

Summary: Homes in Sanderson had an average of 71 days on market in Nov 2024, up by 277.2% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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

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

Summary: During November 2024, 3 homes were sold in Sanderson; 33% of homes were sold within 30 days, 33% 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 21 Days Ago

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