$3,444 Closing Credit*
$290,000
1,040 SqFt
3 Beds
•1 Full Bath
Lauren T McMullen, Listing Office: Bastion Realty LLC
Is Valparaiso, 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, Valparaiso has remained a Seller'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
$355,000
$228/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$80,000(-18.4%)
Key Takeaway
Homes in Valparaiso have sold for 18.4% less than they did a year ago.
Summary: The median home sold price in Valparaiso was $355,000 in November 2024, down 18.4% from last year, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $212.4K | $253.5K | +19.3% |
| 3 Bedrooms | $291K | $338.5K | +16.3% |
| 4 Bedrooms | $596.6K | $515K | -13.7% |
| 5+ Bedrooms | $675K | $850K | +25.9% |
Summary: Valparaiso 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 increased by 19.3%, 3 bedroom homes increased by 16.3%, 4 bedroom homes decreased by 13.7%, and 5+ bedroom homes increased by 25.9%.
Median Sold Price Compared To Nearby Cities
| Niceville | $454.8K | $485.1K | +6.7% |
| Niceville-Valparaiso | $455K | $476.6K | +4.7% |
| Valparaiso | $435K | $355K | -18.4% |
Housing Supply in Valparaiso, FL
How many homes are available in Valparaiso, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 14 | -17.6% |
Summary: The Valparaiso real estate market had 14 homes for sale in November 2024, a 17.6% decrease 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 9 | 6 | -33.3% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Valparaiso 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 decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Valparaiso, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Valparaiso in November 2024, down by 20.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 34 Days | 60 Days | +73.1% |
Summary: Homes in Valparaiso had an average of 60 days on market in Nov 2024, up by 73.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Valparaiso are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Valparaiso; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
