$10,000 Closing Credit*
$929,000
1,203 SqFt
2 Beds
•2 Full Baths
Jose Rabel, Listing Office: West Avenue Realty
Is Shenandoah, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Shenandoah has remained a Buyer's Market.
Key Takeaway
Shenandoah is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Shenandoah, FL
How much do homes in Shenandoah, FL cost?
Median Sold Price
$740,000
$516/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$65,000(+9.6%)
Key Takeaway
Homes in Shenandoah have sold for 9.6% more than they did a year ago.
Summary: The median home sold price in Shenandoah was $740,000 in November 2024, up 9.6% from last year, and the median price per square foot was $516.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $345K | $390K | +13.0% |
| 2 Bedrooms | $562.5K | $610K | +8.4% |
| 3 Bedrooms | $775K | $857.5K | +10.6% |
| 4 Bedrooms | $963.7K | $950K | -1.4% |
| 5+ Bedrooms | $1.2M | $1.1M | -12.5% |
Summary: Shenandoah housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13%, 2 bedroom homes increased by 8.4%, 3 bedroom homes increased by 10.6%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes decreased by 12.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Douglas Park | $590K | $745K | +26.3% |
| Brickell Estates | $1.0M | $1.1M | +12.7% |
| Shenandoah | $675K | $740K | +9.6% |
| Auburdale | $500K | $531K | +6.2% |
Housing Supply in Shenandoah, FL
How many homes are available in Shenandoah, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 145 | 157 | +8.3% |
Summary: The Shenandoah real estate market had 157 homes for sale in November 2024, a 8.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 16 | 21 | +31.3% |
| 2 Bedrooms | 46 | 50 | +8.7% |
| 3 Bedrooms | 49 | 46 | -6.1% |
| 4 Bedrooms | 24 | 28 | +16.7% |
| 5+ Bedrooms | 10 | 12 | +20.0% |
Summary: The Shenandoah housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 31.3%, 2 bedroom homes increased by 8.7%, 3 bedroom homes decreased by 6.1%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 9 | -35.7% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Shenandoah, you may be able to get a good deal. 88.9% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Shenandoah in November 2024, down by 35.7% month-over-month. Of the 9 sold homes, 89% were sold under asking, 11% were sold at asking, and 0% were sold over asking.
Days on Market for Shenandoah, FL
How long does it take to sell a home in Shenandoah, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 34 Days | 96 Days | +177.9% |
Summary: Homes in Shenandoah had an average of 96 days on market in Nov 2024, up by 177.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Shenandoah are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 9 homes were sold in Shenandoah; 22% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 44% of homes were sold over 90 days.
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