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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Starke is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Starke was a Seller's Market.

Key Takeaway

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

Housing Prices in Starke, FL

How much do homes in Starke, FL cost?

Median Sold Price

$240,000

$159/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$20,000(+9.1%)

Key Takeaway

Homes in Starke have sold for 9.1% more than they did a year ago.

Summary: The median home sold price in Starke was $240,000 in October 2024, up 9.1% from last year, and the median price per square foot was $159.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $145K$175K
+20.7%
2 $149.9K$167.4K
+11.7%
3 $230.7K$253K
+9.6%
4 $240K$285.9K
+19.1%
5+ $281.5K$475K
+68.7%

Summary: Starke housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.7%, 2 bedroom homes increased by 11.7%, 3 bedroom homes increased by 9.6%, 4 bedroom homes increased by 19.1%, and 5+ bedroom homes increased by 68.7%.

Housing Supply in Starke, FL

How many homes are available in Starke, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5764+12.3%

Summary: The Starke real estate market had 64 homes for sale in October 2024, a 12.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 810
+25.0%
3 3029
-3.3%
4 1419
+35.7%
5+ 45
+25.0%

Summary: The Starke 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 increased by 25%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes increased by 35.7%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
108-20.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Starke, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 8 homes were sold or pending in Starke in October 2024, down by 20.0% month-over-month. Of the 8 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.

Days on Market for Starke, FL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
41 Days42 Days+1.3%

Summary: Homes in Starke had an average of 42 days on market in Oct 2024, up by 1.3% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 8 homes were sold in Starke; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% 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 16 Days Ago

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