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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sneads is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, Sneads has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Sneads, FL

How much do homes in Sneads, FL cost?

Median Sold Price

$340,000

$143/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$160,000(+88.9%)

Key Takeaway

Homes in Sneads have sold for 88.9% more than they did a year ago.

Summary: The median home sold price in Sneads was $340,000 in November 2024, up 88.9% from last year, and the median price per square foot was $143.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $215K$97K
-54.9%
3 $245K$180K
-26.5%
4 $125K$410.1K
+228.1%
5+ $865K$453.4K
-47.6%

Summary: Sneads housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 54.9%, 3 bedroom homes decreased by 26.5%, 4 bedroom homes increased by 228.1%, and 5+ bedroom homes decreased by 47.6%.

Housing Supply in Sneads, FL

How many homes are available in Sneads, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1817-5.6%

Summary: The Sneads real estate market had 17 homes for sale in November 2024, a 5.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 43
-25.0%
3 1211
-8.3%
4 01
+100.0%
5+ 21
-50.0%

Summary: The Sneads 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 25%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sneads, 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 Sneads in November 2024, down by 33.3% 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 Sneads, FL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
72 Days16 Days-77.1%

Summary: Homes in Sneads had an average of 16 days on market in Nov 2024, down by 77.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 2 homes were sold in Sneads; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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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