$2,672 Closing Credit*
$225,000
631 SqFt
2 Beds
•1 Full Bath
Lilibeth Garcia, Listing Office: LA ROSA REALTY LLC
Is Sulphur Springs, 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, Sulphur Springs was a Seller's Market.
Key Takeaway
Sulphur Springs is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Sulphur Springs, FL
How much do homes in Sulphur Springs, FL cost?
Median Sold Price
$264,950
$237/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$14,950(+6.0%)
Key Takeaway
Homes in Sulphur Springs have sold for 6% more than they did a year ago.
Summary: The median home sold price in Sulphur Springs was $264,950 in November 2024, up 6% from last year, and the median price per square foot was $237.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $94.5K | $74.5K | -21.2% |
| 2 Bedrooms | $190K | $236.5K | +24.5% |
| 3 Bedrooms | $275K | $274.2K | -0.3% |
| 4 Bedrooms | $287K | $280K | -2.4% |
| 5+ Bedrooms | $342.5K | $445K | +29.9% |
Summary: Sulphur Springs housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.2%, 2 bedroom homes increased by 24.5%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes increased by 29.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Sulphur Springs | $250K | $264.9K | +6.0% |
| Temple Crest | $285K | $300K | +5.3% |
| East Forest Hills | $349K | $350K | 0.3% |
| Old Seminole Heights | $419.9K | $420K | 0.0% |
| North Tampa Community | $288.5K | $280K | -2.9% |
Housing Supply in Sulphur Springs, FL
How many homes are available in Sulphur Springs, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 67 | 69 | +3.0% |
Summary: The Sulphur Springs real estate market had 69 homes for sale in November 2024, a 3.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 15 | 15 | 0.0% |
| 3 Bedrooms | 35 | 32 | -8.6% |
| 4 Bedrooms | 12 | 17 | +41.7% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Sulphur Springs 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 remained the same, 3 bedroom homes decreased by 8.6%, 4 bedroom homes increased by 41.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 7 | -36.4% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 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. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Sulphur Springs in November 2024, down by 36.4% month-over-month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 42 Days | 53 Days | +26.5% |
Summary: Homes in Sulphur Springs had an average of 53 days on market in Nov 2024, up by 26.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Sulphur Springs has remained consistent over time.
Summary: During November 2024, 7 homes were sold in Sulphur Springs; 29% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.