Is The Heights, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing The Heights is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, The Heights has remained a Buyer's Market.

Key Takeaway

The Heights is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in The Heights, FL

How much do homes in The Heights, FL cost?

Median Sold Price

$136,250

$171/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$33,650(-19.8%)

Key Takeaway

Homes in The Heights have sold for 19.8% less than they did a month ago.

Summary: The median home sold price in The Heights was $136,250 in November 2024, down 19.8% from last month, and the median price per square foot was $171.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 -$73K
N/A
2 $174.9K$199.5K
+14.1%
3 $115K-
N/A
4 --
N/A
5+ --
N/A

Summary: The Heights housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.1%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in The Heights, FL

How many homes are available in The Heights, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2220-9.1%

Summary: The The Heights real estate market had 20 homes for sale in November 2024, a 9.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 67
+16.7%
2 1210
-16.7%
3 32
-33.3%
4 11
0.0%
5+ 00
0.0%

Summary: The The Heights housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in The Heights, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in The Heights in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for The Heights, FL

How long does it take to sell a home in The Heights, FL?

Average Sale Time

Oct 2024Nov 2024CHANGE
32 Days89 Days+178.1%

Summary: Homes in The Heights had an average of 89 days on market in Nov 2024, up by 178.1% compared to last month.

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 The Heights are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in The Heights; 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 11 Days Ago

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