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 neutral's market

Buyer's
Market

Difference Since November 2023

Since last year, The King & The Bear has remained a Neutral Market.

Key Takeaway

The King & The Bear is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in The King & The Bear, FL

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

Median Sold Price

$474,666

$222/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$34,333(-6.7%)

Key Takeaway

Homes in The King & The Bear have sold for 6.7% less than they did a year ago.

Summary: The median home sold price in The King & The Bear was $474,666 in November 2024, down 6.7% from last year, and the median price per square foot was $222.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $275K$273K
-0.7%
2 $420K$445.9K
+6.2%
3 $442.4K$421.5K
-4.7%
4 $516.4K$503.4K
-2.5%
5+ $615K$560K
-8.9%

Summary: The King & The Bear housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.7%, 2 bedroom homes increased by 6.2%, 3 bedroom homes decreased by 4.7%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes decreased by 8.9%.

Housing Supply in The King & The Bear, FL

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
151160+6.0%

Summary: The The King & The Bear real estate market had 160 homes for sale in November 2024, a 6.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 44
0.0%
2 2319
-17.4%
3 3337
+12.1%
4 6972
+4.3%
5+ 2228
+27.3%

Summary: The The King & The Bear housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 17.4%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 27.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1424+71.4%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 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. 75% of homes here sold below asking price last month.

Summary: A total of 24 homes were sold or pending in The King & The Bear in November 2024, up by 71.4% month-over-month. Of the 24 sold homes, 75% were sold under asking, 13% were sold at asking, and 13% 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

Nov 2023Nov 2024CHANGE
64 Days78 Days+21.0%

Summary: Homes in The King & The Bear had an average of 78 days on market in Nov 2024, up by 21% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in The King & The Bear has remained consistent over time.

Summary: During November 2024, 24 homes were sold in The King & The Bear; 17% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 42% 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