Is The King & The Bear, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing The King & The Bear is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, The King & The Bear was a Seller's Market.

Key Takeaway

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

Housing Prices in The King & The Bear, FL

How much do homes in The King & The Bear, FL cost?

Median Sold Price

$473,500

$222/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$36,000(-7.1%)

Key Takeaway

Homes in The King & The Bear have sold for 7.1% less than they did a year ago.

Summary: The median home sold price in The King & The Bear was $473,500 in October 2024, down 7.1% from last year, and the median price per square foot was $222.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $271.2K$273K
+0.6%
2 $424K$458.2K
+8.1%
3 $439.9K$425K
-3.4%
4 $518.2K$512K
-1.2%
5+ $615K$545.9K
-11.2%

Summary: The King & The Bear housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.6%, 2 bedroom homes increased by 8.1%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes decreased by 11.2%.

Housing Supply in The King & The Bear, FL

How many homes are available in The King & The Bear, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
149152+2.0%

Summary: The The King & The Bear real estate market had 152 homes for sale in October 2024, a 2.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 44
0.0%
2 1822
+22.2%
3 3634
-5.6%
4 7070
0.0%
5+ 2122
+4.8%

Summary: The The King & The Bear 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 22.2%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 4.8%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1912-36.8%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in The King & The Bear, you may be able to get a good deal. 91.7% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in The King & The Bear in October 2024, down by 36.8% month-over-month. Of the 12 sold homes, 92% were sold under asking, 8% were sold at asking, and 0% were sold over asking.

Days on Market for The King & The Bear, FL

How long does it take to sell a home in The King & The Bear, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
51 Days135 Days+162.5%

Summary: Homes in The King & The Bear had an average of 135 days on market in Oct 2024, up by 162.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in The King & The Bear are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 12 homes were sold in The King & The Bear; 8% of homes were sold within 30 days, 42% 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 21 Days Ago

Newest Listings in The King & The Bear, FL

Nearby Markets to The King & The Bear, FL