$3,503 Closing Credit*
$295,000
1,658 SqFt
5 Beds
•2 Full Baths
Paul L Thorpe, Listing Office: World Impact Real Estate
Is Valparaiso, 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, Valparaiso was a Buyer's Market.
Key Takeaway
Valparaiso is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Valparaiso, FL
How much do homes in Valparaiso, FL cost?
Median Sold Price
$353,600
$230/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$96,400(-21.4%)
Key Takeaway
Homes in Valparaiso have sold for 21.4% less than they did a year ago.
Summary: The median home sold price in Valparaiso was $353,600 in October 2024, down 21.4% from last year, and the median price per square foot was $230.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $160K | $257K | +60.6% |
| 3 Bedrooms | $291K | $326.7K | +12.3% |
| 4 Bedrooms | $594.7K | $515K | -13.4% |
| 5+ Bedrooms | $675K | $850K | +25.9% |
Summary: Valparaiso housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 60.6%, 3 bedroom homes increased by 12.3%, 4 bedroom homes decreased by 13.4%, and 5+ bedroom homes increased by 25.9%.
Median Sold Price Compared To Nearby Cities
| Niceville | $450K | $485.8K | +8.0% |
| Niceville-Valparaiso | $452.7K | $479K | +5.8% |
| Valparaiso | $450K | $353.6K | -21.4% |
Housing Supply in Valparaiso, FL
How many homes are available in Valparaiso, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 19 | +26.7% |
Summary: The Valparaiso real estate market had 19 homes for sale in October 2024, a 26.7% increase 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 9 | 10 | +11.1% |
| 4 Bedrooms | 3 | 5 | +66.7% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Valparaiso 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 increased by 11.1%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 5 | +100.0% |
Asking Price vs. Sold Price
3 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 Valparaiso, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Valparaiso in October 2024, up by 100.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Valparaiso, FL
How long does it take to sell a home in Valparaiso, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 3 Days | 140 Days | +3922.9% |
Summary: Homes in Valparaiso had an average of 140 days on market in Oct 2024, up by 3922.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Valparaiso are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Valparaiso; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
