$3,741 Closing Credit*
$315,000
1,521 SqFt
3 Beds
•2 Full Baths, 1 Partial
Listing Office: Maclay Realty & Management LLC
Is Southeast Leon, 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, Southeast Leon was a Seller's Market.
Key Takeaway
Southeast Leon is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Southeast Leon, FL
How much do homes in Southeast Leon, FL cost?
Median Sold Price
$399,900
$215/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$11,350(-2.8%)
Key Takeaway
Homes in Southeast Leon have sold for 2.8% less than they did a year ago.
Summary: The median home sold price in Southeast Leon was $399,900 in November 2024, down 2.8% from last year, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $295K | N/A |
| 2 Bedrooms | $276K | $252.5K | -8.5% |
| 3 Bedrooms | $352.5K | $355K | +0.7% |
| 4 Bedrooms | $556.8K | $575.2K | +3.3% |
| 5+ Bedrooms | $820K | $715K | -12.8% |
Summary: Southeast Leon 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 8.5%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes decreased by 12.8%.
Median Sold Price Compared To Nearby Cities
| Tallahassee East | $208.5K | $237K | +13.7% |
| Tallahassee | $290.1K | $300K | +3.4% |
| East Leon | $389K | $395.2K | +1.6% |
| Southeast Leon | $411.2K | $399.9K | -2.8% |
| Tallahassee South | $180K | $175K | -2.8% |
Housing Supply in Southeast Leon, FL
How many homes are available in Southeast Leon, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 59 | 59 | 0.0% |
Summary: The Southeast Leon real estate market had 59 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 3 | +200.0% |
| 3 Bedrooms | 36 | 33 | -8.3% |
| 4 Bedrooms | 18 | 18 | 0.0% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Southeast Leon 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 200%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 8 | -38.5% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Southeast Leon, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Southeast Leon in November 2024, down by 38.5% month-over-month. Of the 8 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.
Days on Market for Southeast Leon, FL
How long does it take to sell a home in Southeast Leon, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 47 Days | 46 Days | -1.6% |
Summary: Homes in Southeast Leon had an average of 46 days on market in Nov 2024, down by 1.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Southeast Leon has remained consistent over time.
Summary: During November 2024, 8 homes were sold in Southeast Leon; 25% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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