$6,282 Closing Credit*
$529,000
3,028 SqFt
6 Beds
•2 Full Baths
JULIO MENDEZ, Listing Office: BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
Is Urban Core, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Urban Core was a Seller's Market.
Key Takeaway
Urban Core is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Urban Core, FL
How much do homes in Urban Core, FL cost?
Median Sold Price
$173,500
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$19,500(+12.7%)
Key Takeaway
Homes in Urban Core have sold for 12.7% more than they did a year ago.
Summary: The median home sold price in Urban Core was $173,500 in October 2024, up 12.7% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $217K | $202K | -6.9% |
| 2 Bedrooms | $118K | $129.5K | +9.7% |
| 3 Bedrooms | $140K | $157.3K | +12.4% |
| 4 Bedrooms | $194.5K | $230K | +18.2% |
| 5+ Bedrooms | $250K | $252K | +0.8% |
Summary: Urban Core housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.9%, 2 bedroom homes increased by 9.7%, 3 bedroom homes increased by 12.4%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 0.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Urban Core | $154K | $173.5K | +12.7% |
| Springfield | $361.2K | $380.7K | +5.4% |
| Springfield | $394.2K | $414.5K | +5.1% |
Housing Supply in Urban Core, FL
How many homes are available in Urban Core, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 313 | 338 | +8.0% |
Summary: The Urban Core real estate market had 338 homes for sale in October 2024, a 8.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 11 | +37.5% |
| 2 Bedrooms | 61 | 62 | +1.6% |
| 3 Bedrooms | 140 | 161 | +15.0% |
| 4 Bedrooms | 70 | 68 | -2.9% |
| 5+ Bedrooms | 34 | 36 | +5.9% |
Summary: The Urban Core housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 37.5%, 2 bedroom homes increased by 1.6%, 3 bedroom homes increased by 15%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes increased by 5.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 36 | 32 | -11.1% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Urban Core, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 32 homes were sold or pending in Urban Core in October 2024, down by 11.1% month-over-month. Of the 32 sold homes, 50% were sold under asking, 44% were sold at asking, and 6% were sold over asking.
Days on Market for Urban Core, FL
How long does it take to sell a home in Urban Core, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 77 Days | 77 Days | -0.1% |
Summary: Homes in Urban Core had an average of 77 days on market in Oct 2024, down by 0.1% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Urban Core has remained consistent over time.
Summary: During October 2024, 32 homes were sold in Urban Core; 31% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 28% of homes were sold over 90 days.
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