Is Weeki Wachee, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Weeki Wachee is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Weeki Wachee was a Seller's Market.

Key Takeaway

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

Housing Prices in Weeki Wachee, FL

How much do homes in Weeki Wachee, FL cost?

Median Sold Price

$364,407

$195/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$17,561(+5.1%)

Key Takeaway

Homes in Weeki Wachee have sold for 5.1% more than they did a year ago.

Summary: The median home sold price in Weeki Wachee was $364,407 in October 2024, up 5.1% from last year, and the median price per square foot was $195.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $105K$120K
+14.3%
2 $210K$235K
+11.9%
3 $343.9K$360.7K
+4.9%
4 $373.5K$398.5K
+6.7%
5+ $575K$496K
-13.7%

Summary: Weeki Wachee housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 11.9%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes decreased by 13.7%.

Median Sold Price Compared To Nearby Cities

Weeki Wachee
+5.1%
Spring Hill
+3.5%
Hernando Beach
+2.4%

Housing Supply in Weeki Wachee, FL

How many homes are available in Weeki Wachee, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
392399+1.8%

Summary: The Weeki Wachee real estate market had 399 homes for sale in October 2024, a 1.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 55
0.0%
2 6063
+5.0%
3 198210
+6.1%
4 110104
-5.5%
5+ 1917
-10.5%

Summary: The Weeki Wachee 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 increased by 5%, 3 bedroom homes increased by 6.1%, 4 bedroom homes decreased by 5.5%, and 5+ bedroom homes decreased by 10.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
5745-21.1%

Asking Price vs. Sold Price

29 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Weeki Wachee, you may be able to get a good deal. 64.4% of homes here sold below asking price last month.

Summary: A total of 45 homes were sold or pending in Weeki Wachee in October 2024, down by 21.1% month-over-month. Of the 45 sold homes, 64% were sold under asking, 31% were sold at asking, and 4% were sold over asking.

Days on Market for Weeki Wachee, FL

How long does it take to sell a home in Weeki Wachee, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
33 Days54 Days+64.9%

Summary: Homes in Weeki Wachee had an average of 54 days on market in Oct 2024, up by 64.9% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 45 homes were sold in Weeki Wachee; 47% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 22% 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 Weeki Wachee, FL

Nearby Markets to Weeki Wachee, FL

What housing markets are near Weeki Wachee, FL?