$1,425 Closing Credit*
$120,000
740 SqFt
1 Bed
•1 Full Bath
Irma Campana, Listing Office: New Ayres Realty
Is South Middle River, 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, South Middle River has remained a Buyer's Market.
Key Takeaway
South Middle River is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in South Middle River, FL
How much do homes in South Middle River, FL cost?
Median Sold Price
$438,500
$349/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$6,500(-1.5%)
Key Takeaway
Homes in South Middle River have sold for 1.5% less than they did a year ago.
Summary: The median home sold price in South Middle River was $438,500 in November 2024, down 1.5% from last year, and the median price per square foot was $349.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $118.5K | $260K | +119.4% |
| 2 Bedrooms | $396.4K | $313.1K | -21.0% |
| 3 Bedrooms | $500K | $485K | -3.0% |
| 4 Bedrooms | $535K | $515K | -3.7% |
| 5+ Bedrooms | - | - | N/A |
Summary: South Middle River housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 119.4%, 2 bedroom homes decreased by 21%, 3 bedroom homes decreased by 3%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes did not change.
Housing Supply in South Middle River, FL
How many homes are available in South Middle River, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 41 | 47 | +14.6% |
Summary: The South Middle River real estate market had 47 homes for sale in November 2024, a 14.6% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 11 | 14 | +27.3% |
| 3 Bedrooms | 19 | 22 | +15.8% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The South Middle River 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 increased by 27.3%, 3 bedroom homes increased by 15.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South Middle River, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in South Middle River in November 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for South Middle River, FL
How long does it take to sell a home in South Middle River, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 47 Days | 47 Days | -1.1% |
Summary: Homes in South Middle River had an average of 47 days on market in Nov 2024, down by 1.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in South Middle River has remained consistent over time.
Summary: During November 2024, 2 homes were sold in South Middle River; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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