$4,263 Closing Credit*
$359,000
1,040 SqFt
2 Beds
•2 Full Baths
Listing Office: Harbor Point Realty
Is West Wakulla, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, West Wakulla was a Seller's Market.
Key Takeaway
West Wakulla is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in West Wakulla, FL
How much do homes in West Wakulla, FL cost?
Median Sold Price
$252,500
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$32,500(-11.4%)
Key Takeaway
Homes in West Wakulla have sold for 11.4% less than they did a year ago.
Summary: The median home sold price in West Wakulla was $252,500 in November 2024, down 11.4% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $205.5K | $207K | +0.7% |
| 2 Bedrooms | $255K | $255K | 0.0% |
| 3 Bedrooms | $273.9K | $250K | -8.7% |
| 4 Bedrooms | $520K | $305K | -41.3% |
| 5+ Bedrooms | $380K | $444K | +16.8% |
Summary: West Wakulla housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.7%, 2 bedroom homes did not change, 3 bedroom homes decreased by 8.7%, 4 bedroom homes decreased by 41.3%, and 5+ bedroom homes increased by 16.8%.
Median Sold Price Compared To Nearby Cities
| Sopchoppy | $423.2K | $398K | -6.0% |
| East Wakulla | $299.9K | $273.3K | -8.9% |
| West Wakulla | $285K | $252.5K | -11.4% |
| Panacea | $480K | $424.5K | -11.6% |
| Crawfordville | $298.6K | $259.9K | -13.0% |
Housing Supply in West Wakulla, FL
How many homes are available in West Wakulla, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 40 | 49 | +22.5% |
Summary: The West Wakulla real estate market had 49 homes for sale in November 2024, a 22.5% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 12 | 14 | +16.7% |
| 3 Bedrooms | 19 | 23 | +21.1% |
| 4 Bedrooms | 5 | 7 | +40.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The West Wakulla housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 21.1%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in West Wakulla, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in West Wakulla in November 2024, up by 50.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.
Days on Market for West Wakulla, FL
How long does it take to sell a home in West Wakulla, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 78 Days | 107 Days | +37.8% |
Summary: Homes in West Wakulla had an average of 107 days on market in Nov 2024, up by 37.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in West Wakulla has remained consistent over time.
Summary: During November 2024, 6 homes were sold in West Wakulla; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.