Is Wewahitchka, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wewahitchka is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Wewahitchka was a Buyer's Market.

Key Takeaway

Wewahitchka is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Wewahitchka, FL

How much do homes in Wewahitchka, FL cost?

Median Sold Price

$216,000

$167/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$29,000(-11.8%)

Key Takeaway

Homes in Wewahitchka have sold for 11.8% less than they did a month ago.

Summary: The median home sold price in Wewahitchka was $216,000 in October 2024, down 11.8% from last month, and the median price per square foot was $167.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $245K$216K
-11.8%
4 --
N/A
5+ --
N/A

Summary: Wewahitchka housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 11.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Wewahitchka, FL

How many homes are available in Wewahitchka, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
14140.0%

Summary: The Wewahitchka real estate market had 14 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 55
0.0%
3 98
-11.1%
4 01
+100.0%
5+ 00
0.0%

Summary: The Wewahitchka 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 decreased by 11.1%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wewahitchka, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Wewahitchka in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Wewahitchka, FL

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

Average Sale Time

Sep 2024Oct 2024CHANGE
30 Days72 Days+140.0%

Summary: Homes in Wewahitchka had an average of 72 days on market in Oct 2024, up by 140% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Wewahitchka has remained consistent over time.

Summary: During October 2024, 2 homes were sold in Wewahitchka; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 18 Days Ago

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