$5,807 Closing Credit*
$489,000
1,806 SqFt
3 Beds
•2 Full Baths
Patti Pate, Listing Office: WATSON REALTY CORP
Is Tangerine, 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, Tangerine was a Seller's Market.
Key Takeaway
Tangerine is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Tangerine, FL
How much do homes in Tangerine, FL cost?
Median Sold Price
$550,000
$221/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$45,010(+8.9%)
Key Takeaway
Homes in Tangerine have sold for 8.9% more than they did a year ago.
Summary: The median home sold price in Tangerine was $550,000 in October 2024, up 8.9% from last year, and the median price per square foot was $221.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $269.5K | $536K | +98.9% |
| 3 Bedrooms | $486.1K | $535K | +10.0% |
| 4 Bedrooms | $505.2K | $530.1K | +4.9% |
| 5+ Bedrooms | $655.4K | $639.5K | -2.4% |
Summary: Tangerine housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 98.9%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes decreased by 2.4%.
Housing Supply in Tangerine, FL
How many homes are available in Tangerine, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 33 | 29 | -12.1% |
Summary: The Tangerine real estate market had 29 homes for sale in October 2024, a 12.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 15 | 13 | -13.3% |
| 4 Bedrooms | 13 | 11 | -15.4% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Tangerine 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 13.3%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 2 | -71.4% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Tangerine, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Tangerine in October 2024, down by 71.4% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Tangerine, FL
How long does it take to sell a home in Tangerine, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 6 Days | 81 Days | +1135.6% |
Summary: Homes in Tangerine had an average of 81 days on market in Oct 2024, up by 1135.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Tangerine has remained consistent over time.
Summary: During October 2024, 2 homes were sold in Tangerine; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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