$3,859 Closing Credit*
$325,000
1,346 SqFt
2 Beds
•2 Full Baths
Chris Schuetz, Listing Office: ELLERMETS REALTY, INC
Is Tara, 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, Tara was a Seller's Market.
Key Takeaway
Tara is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Tara, FL
How much do homes in Tara, FL cost?
Median Sold Price
$325,000
$230/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$38,500(-10.6%)
Key Takeaway
Homes in Tara have sold for 10.6% less than they did a year ago.
Summary: The median home sold price in Tara was $325,000 in October 2024, down 10.6% from last year, and the median price per square foot was $230.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $337.5K | $297K | -12.0% |
| 3 Bedrooms | $511.5K | $522.5K | +2.2% |
| 4 Bedrooms | $695K | $550K | -20.9% |
| 5+ Bedrooms | - | - | N/A |
Summary: Tara 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 decreased by 12%, 3 bedroom homes increased by 2.2%, 4 bedroom homes decreased by 20.9%, and 5+ bedroom homes did not change.
Housing Supply in Tara, FL
How many homes are available in Tara, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 55 | 57 | +3.6% |
Summary: The Tara real estate market had 57 homes for sale in October 2024, a 3.6% increase 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 | 43 | 44 | +2.3% |
| 3 Bedrooms | 11 | 12 | +9.1% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Tara 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 increased by 2.3%, 3 bedroom homes increased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Tara, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Tara in October 2024, up by 66.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.
Days on Market for Tara, FL
How long does it take to sell a home in Tara, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 30 Days | 24 Days | -17.9% |
Summary: Homes in Tara had an average of 24 days on market in Oct 2024, down by 17.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Tara are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Tara; 80% of homes were sold within 30 days, 0% 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.
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