$39,900
0.31 Acres
Land
DOUGLAS BROWN, Listing Office: COLDWELL BANKER BEN BATES INC
Is Satsuma, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Satsuma was a Seller's Market.
Key Takeaway
Satsuma is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Satsuma, FL
How much do homes in Satsuma, FL cost?
Median Sold Price
$242,500
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$22,550(+10.3%)
Key Takeaway
Homes in Satsuma have sold for 10.3% more than they did a year ago.
Summary: The median home sold price in Satsuma was $242,500 in November 2024, up 10.3% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $170K | $150K | -11.8% |
| 2 Bedrooms | $180K | $199.9K | +11.1% |
| 3 Bedrooms | $233K | $255K | +9.4% |
| 4 Bedrooms | $527.5K | $325K | -38.4% |
| 5+ Bedrooms | $515K | $275K | -46.6% |
Summary: Satsuma housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.8%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 9.4%, 4 bedroom homes decreased by 38.4%, and 5+ bedroom homes decreased by 46.6%.
Median Sold Price Compared To Nearby Cities
| Satsuma | $219.9K | $242.5K | +10.3% |
| East Palatka | $250K | $272.5K | +9.0% |
| Interlachen-Florahome | $230K | $240K | +4.3% |
Housing Supply in Satsuma, FL
How many homes are available in Satsuma, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 33 | 28 | -15.2% |
Summary: The Satsuma real estate market had 28 homes for sale in November 2024, a 15.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 13 | 10 | -23.1% |
| 3 Bedrooms | 17 | 16 | -5.9% |
| 4 Bedrooms | 3 | 1 | -66.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Satsuma housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 23.1%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 2 | -75.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Satsuma, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Satsuma in November 2024, down by 75.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Satsuma, FL
How long does it take to sell a home in Satsuma, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 22 Days | 205 Days | +831.8% |
Summary: Homes in Satsuma had an average of 205 days on market in Nov 2024, up by 831.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Satsuma are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 2 homes were sold in Satsuma; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
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IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.