$7,481 Closing Credit*
$630,000
1,717 SqFt
3 Beds
•2 Full Baths
Justin Willard, Listing Office: Willard Realty Team Corp
Is Towngate, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Towngate has remained a Seller's Market.
Key Takeaway
Towngate is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Towngate, FL
How much do homes in Towngate, FL cost?
Median Sold Price
$650,000
$322/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$17,500(+2.8%)
Key Takeaway
Homes in Towngate have sold for 2.8% more than they did a year ago.
Summary: The median home sold price in Towngate was $650,000 in November 2024, up 2.8% from last year, and the median price per square foot was $322.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $505K | N/A |
| 3 Bedrooms | $598K | $589.9K | -1.3% |
| 4 Bedrooms | $660K | $720K | +9.1% |
| 5+ Bedrooms | $791.2K | $920.5K | +16.3% |
Summary: Towngate housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 1.3%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 16.3%.
Housing Supply in Towngate, FL
How many homes are available in Towngate, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 | 26 | +4.0% |
Summary: The Towngate real estate market had 26 homes for sale in November 2024, a 4.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 6 | 7 | +16.7% |
| 4 Bedrooms | 19 | 19 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Towngate 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 remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
4 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. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Towngate in November 2024, up by 66.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 18 Days | 46 Days | +152.0% |
Summary: Homes in Towngate had an average of 46 days on market in Nov 2024, up by 152% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Towngate are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in Towngate; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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