Is Tallulah/North Shore, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tallulah/North Shore is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Tallulah/North Shore was a Seller's Market.

Key Takeaway

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

Housing Prices in Tallulah/North Shore, FL

How much do homes in Tallulah/North Shore, FL cost?

Median Sold Price

$175,000

$147/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$2,000(-1.1%)

Key Takeaway

Homes in Tallulah/North Shore have sold for 1.1% less than they did a year ago.

Summary: The median home sold price in Tallulah/North Shore was $175,000 in November 2024, down 1.1% from last year, and the median price per square foot was $147.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $140K$142.5K
+1.8%
3 $190K$190K
0.0%
4 $206.2K$210K
+1.8%
5+ $1.6M$654.4K
-59.3%

Summary: Tallulah/North Shore 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 increased by 1.8%, 3 bedroom homes did not change, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes decreased by 59.3%.

Housing Supply in Tallulah/North Shore, FL

How many homes are available in Tallulah/North Shore, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
34340.0%

Summary: The Tallulah/North Shore real estate market had 34 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 67
+16.7%
3 2623
-11.5%
4 13
+200.0%
5+ 11
0.0%

Summary: The Tallulah/North Shore 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 16.7%, 3 bedroom homes decreased by 11.5%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tallulah/North Shore, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in Tallulah/North Shore in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Tallulah/North Shore, FL

How long does it take to sell a home in Tallulah/North Shore, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
33 Days86 Days+156.2%

Summary: Homes in Tallulah/North Shore had an average of 86 days on market in Nov 2024, up by 156.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Tallulah/North Shore are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Tallulah/North Shore; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 3 Days Ago

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