$8,550 Closing Credit*
$720,000
2,342 SqFt
4 Beds
•3 Full Baths, 1 Partial
Pilar Moscoso, Listing Office: Keller Williams Realty SW
Is Towngate, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, 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
$670,500
$328/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$47,000(+7.5%)
Key Takeaway
Homes in Towngate have sold for 7.5% more than they did a year ago.
Summary: The median home sold price in Towngate was $670,500 in September 2024, up 7.5% from last year, and the median price per square foot was $328.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $505K | N/A |
| 3 Bedrooms | $591.5K | $599.9K | +1.4% |
| 4 Bedrooms | $632.5K | $783.7K | +23.9% |
| 5+ Bedrooms | $771.2K | $865.2K | +12.2% |
Summary: Towngate housing prices by bedroom type for September 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 increased by 1.4%, 4 bedroom homes increased by 23.9%, and 5+ bedroom homes increased by 12.2%.
Housing Supply in Towngate, FL
How many homes are available in Towngate, FL?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 25 | 31 | +24.0% |
Summary: The Towngate real estate market had 31 homes for sale in September 2024, a 24.0% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 13 | 14 | +7.7% |
| 4 Bedrooms | 12 | 17 | +41.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Towngate housing inventory by bedroom type for September 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 7.7%, 4 bedroom homes increased by 41.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Towngate, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Towngate in September 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% 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 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 25 Days | 32 Days | +30.0% |
Summary: Homes in Towngate had an average of 32 days on market in Sep 2024, up by 30% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Towngate are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 4 homes were sold in Towngate; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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