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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sneads is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Sneads was a Neutral Market.

Key Takeaway

Sneads is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Sneads, FL

How much do homes in Sneads, FL cost?

Median Sold Price

$357,450

$143/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$142,450(+66.3%)

Key Takeaway

Homes in Sneads have sold for 66.3% more than they did a year ago.

Summary: The median home sold price in Sneads was $357,450 in October 2024, up 66.3% from last year, and the median price per square foot was $143.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $215K$96K
-55.3%
3 $275K$170K
-38.2%
4 $125K$410.1K
+228.1%
5+ $865K$453.4K
-47.6%

Summary: Sneads housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 55.3%, 3 bedroom homes decreased by 38.2%, 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

Sep 2024Oct 2024CHANGE
14140.0%

Summary: The Sneads real estate market had 14 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1010
0.0%
4 00
0.0%
5+ 22
0.0%

Summary: The Sneads housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 Homes Were 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. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Sneads in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% 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

Oct 2023Oct 2024CHANGE
22 Days131 Days+498.5%

Summary: Homes in Sneads had an average of 131 days on market in Oct 2024, up by 498.5% compared to last year.

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

Summary: During October 2024, 3 homes were sold in Sneads; 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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