Is Virginia Park, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Virginia Park is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, Virginia Park has remained a Buyer's Market.

Key Takeaway

Virginia Park is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Virginia Park, FL

How much do homes in Virginia Park, FL cost?

Median Sold Price

$1,194,995

$444/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$94,995(+8.6%)

Key Takeaway

Homes in Virginia Park have sold for 8.6% more than they did a year ago.

Summary: The median home sold price in Virginia Park was $1,194,995 in October 2024, up 8.6% from last year, and the median price per square foot was $444.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $562.5K$602.5K
+7.1%
3 $697.5K$776K
+11.3%
4 $1.1M$1.2M
+7.0%
5+ $1.7M$1.6M
-9.0%

Summary: Virginia Park 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 7.1%, 3 bedroom homes increased by 11.3%, 4 bedroom homes increased by 7%, and 5+ bedroom homes decreased by 9%.

Median Sold Price Compared To Nearby Neighborhoods

Palma Ceia
+42.5%
South Tampa
+13.3%
Bayshore Beautiful
+11.8%
Virginia Park
+8.6%

Housing Supply in Virginia Park, FL

How many homes are available in Virginia Park, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2726-3.7%

Summary: The Virginia Park real estate market had 26 homes for sale in October 2024, a 3.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 1010
0.0%
4 55
0.0%
5+ 1111
0.0%

Summary: The Virginia Park 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 decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
92-77.8%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Virginia Park, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Virginia Park in October 2024, down by 77.8% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Virginia Park, FL

How long does it take to sell a home in Virginia Park, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
66 Days92 Days+39.4%

Summary: Homes in Virginia Park had an average of 92 days on market in Oct 2024, up by 39.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Virginia Park are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in Virginia Park; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Virginia Park, FL

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