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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wimauma is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Wimauma, FL

How much do homes in Wimauma, FL cost?

Median Sold Price

$376,365

$189/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$9,304(-2.4%)

Key Takeaway

Homes in Wimauma have sold for 2.4% less than they did a year ago.

Summary: The median home sold price in Wimauma was $376,365 in October 2024, down 2.4% from last year, and the median price per square foot was $189.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$245K
N/A
2 $404.5K$354.4K
-12.4%
3 $349.9K$345K
-1.4%
4 $382.9K$371.6K
-3.0%
5+ $415K$424.6K
+2.3%

Summary: Wimauma 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 decreased by 12.4%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes increased by 2.3%.

Median Sold Price Compared To Nearby Cities

Riverview
+1.7%
Ruskin
-1.5%
Parrish
-1.7%
Sun City Center
-2.1%
Wimauma
-2.4%

Housing Supply in Wimauma, FL

How many homes are available in Wimauma, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
296276-6.8%

Summary: The Wimauma real estate market had 276 homes for sale in October 2024, a 6.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 5951
-13.6%
3 113100
-11.5%
4 6772
+7.5%
5+ 5753
-7.0%

Summary: The Wimauma 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 13.6%, 3 bedroom homes decreased by 11.5%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes decreased by 7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4736-23.4%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

18 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wimauma, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 36 homes were sold or pending in Wimauma in October 2024, down by 23.4% month-over-month. Of the 36 sold homes, 39% were sold under asking, 50% were sold at asking, and 11% were sold over asking.

Days on Market for Wimauma, FL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
56 Days67 Days+18.1%

Summary: Homes in Wimauma had an average of 67 days on market in Oct 2024, up by 18.1% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

12 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 36 homes were sold in Wimauma; 36% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 33% 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

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