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 seller's market

Buyer's
Market

Difference Since December 2023

Since last year, Tallulah/North Shore has remained a Seller's Market.

Key Takeaway

Tallulah/North Shore is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Tallulah/North Shore, FL

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

Median Sold Price

$167,500

$144/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$17,500(-9.5%)

Key Takeaway

Homes in Tallulah/North Shore have sold for 9.5% less than they did a year ago.

Summary: The median home sold price in Tallulah/North Shore was $167,500 in December 2024, down 9.5% from last year, and the median price per square foot was $144.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $140K$140K
0.0%
3 $192.5K$184.5K
-4.2%
4 $212K$210K
-0.9%
5+ $1.1M$192.5K
-82.7%

Summary: Tallulah/North Shore housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 4.2%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes decreased by 82.7%.

Housing Supply in Tallulah/North Shore, FL

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

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3436+5.9%

Summary: The Tallulah/North Shore real estate market had 36 homes for sale in December 2024, a 5.9% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 78
+14.3%
3 2324
+4.3%
4 33
0.0%
5+ 11
0.0%

Summary: The Tallulah/North Shore housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 4.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
27+250.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tallulah/North Shore, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Tallulah/North Shore in December 2024, up by 250.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 29% were sold at asking, and 0% 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

Dec 2023Dec 2024CHANGE
37 Days41 Days+12.4%

Summary: Homes in Tallulah/North Shore had an average of 41 days on market in Dec 2024, up by 12.4% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were 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 December 2024, 7 homes were sold in Tallulah/North Shore; 71% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 29% 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 6 Days Ago

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