$2,255 Closing Credit*
$189,900
853 SqFt
3 Beds
•1 Full Bath
Lesbia Well, Listing Office: EXCLUSIVE HOMES REALTY, INC.
Is Sulphur Springs, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Sulphur Springs was a Buyer's Market.
Key Takeaway
Sulphur Springs is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Sulphur Springs, FL
How much do homes in Sulphur Springs, FL cost?
Median Sold Price
$262,450
$237/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$17,450(+7.1%)
Key Takeaway
Homes in Sulphur Springs have sold for 7.1% more than they did a year ago.
Summary: The median home sold price in Sulphur Springs was $262,450 in October 2024, up 7.1% from last year, and the median price per square foot was $237.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $94.5K | $74.5K | -21.2% |
| 2 Bedrooms | $186.5K | $238.5K | +27.9% |
| 3 Bedrooms | $255K | $275K | +7.8% |
| 4 Bedrooms | $287K | $275K | -4.2% |
| 5+ Bedrooms | $355K | $445K | +25.4% |
Summary: Sulphur Springs housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.2%, 2 bedroom homes increased by 27.9%, 3 bedroom homes increased by 7.8%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes increased by 25.4%.
Median Sold Price Compared To Nearby Neighborhoods
| East Forest Hills | $309K | $367.4K | +18.9% |
| Sulphur Springs | $245K | $262.4K | +7.1% |
| Temple Crest | $294K | $300K | +2.0% |
| North Tampa Community | $280K | $283.5K | +1.3% |
| Old Seminole Heights | $419K | $420K | 0.2% |
Housing Supply in Sulphur Springs, FL
How many homes are available in Sulphur Springs, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 68 | 65 | -4.4% |
Summary: The Sulphur Springs real estate market had 65 homes for sale in October 2024, a 4.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 15 | 15 | 0.0% |
| 3 Bedrooms | 35 | 34 | -2.9% |
| 4 Bedrooms | 12 | 11 | -8.3% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Sulphur Springs 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 decreased by 2.9%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 10 | +150.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sulphur Springs, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Sulphur Springs in October 2024, up by 150.0% month-over-month. Of the 10 sold homes, 50% were sold under asking, 20% were sold at asking, and 30% were sold over asking.
Days on Market for Sulphur Springs, FL
How long does it take to sell a home in Sulphur Springs, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 11 Days | 76 Days | +594.5% |
Summary: Homes in Sulphur Springs had an average of 76 days on market in Oct 2024, up by 594.5% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sulphur Springs are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 10 homes were sold in Sulphur Springs; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.