$7,196 Closing Credit*
$606,000
1,582 SqFt
3 Beds
•2 Full Baths
Blanca Vargas, Listing Office: Grand Realty of America, Corp.
Is Towngate, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Towngate was a Seller's Market.
Key Takeaway
Towngate is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Towngate, FL
How much do homes in Towngate, FL cost?
Median Sold Price
$630,000
$292/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$105,000(+20.0%)
Key Takeaway
Homes in Towngate have sold for 20% more than they did a month ago.
Summary: The median home sold price in Towngate was $630,000 in October 2024, up 20% from last month, and the median price per square foot was $292.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $512.5K | $619K | +20.8% |
| 4 Bedrooms | $700K | $675K | -3.6% |
| 5+ Bedrooms | - | - | N/A |
Summary: Towngate housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 20.8%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes did not change.
Housing Supply in Towngate, FL
How many homes are available in Towngate, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 28 | 26 | -7.1% |
Summary: The Towngate real estate market had 26 homes for sale in October 2024, a 7.1% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 12 | 9 | -25.0% |
| 4 Bedrooms | 16 | 17 | +6.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Towngate 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 25%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Towngate, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Towngate in October 2024, down by 40.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Towngate, FL
How long does it take to sell a home in Towngate, FL?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 28 Days | 85 Days | +196.3% |
Summary: Homes in Towngate had an average of 85 days on market in Oct 2024, up by 196.3% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Towngate are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 3 homes were sold in Towngate; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
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