Is Middleburg-Clay Hill, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Middleburg-Clay Hill was a Seller's Market.
Key Takeaway
Middleburg-Clay Hill 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 Middleburg-Clay Hill, FL
How much do homes in Middleburg-Clay Hill, FL cost?
Median Sold Price
$365,200
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Middleburg-Clay Hill have sold for 3.3% more than they did a year ago.
Summary: The median home sold price in Middleburg-Clay Hill was $365,200 in May 2024, up 3.3% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $147.5K | $150K | +1.7% |
| 2 Bedrooms | $222.9K | $229.3K | +2.8% |
| 3 Bedrooms | $300K | $310K | +3.3% |
| 4 Bedrooms | $392K | $392.9K | 0.3% |
| 5+ Bedrooms | $459.9K | $530K | +15.2% |
Summary: Middleburg-Clay Hill housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.7%, 2 bedroom homes increased by 2.8%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes increased by 15.2%.
Median Sold Price Compared To Nearby Cities
| Middleburg-Clay Hill | $353.3K | $365.2K | +3.3% |
| Jacksonville | $299.2K | $304.9K | +1.9% |
| Middleburg | $350K | $350.3K | 0.1% |
| Jacksonville West | $244.9K | $245K | 0.0% |
Housing Supply in Middleburg-Clay Hill, FL
How many homes are available in Middleburg-Clay Hill, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 429 | 470 | +9.6% |
Summary: The Middleburg-Clay Hill real estate market had 470 homes for sale in May 2024, a 9.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 42 | 42 | 0.0% |
| 3 Bedrooms | 170 | 183 | +7.6% |
| 4 Bedrooms | 176 | 186 | +5.7% |
| 5+ Bedrooms | 40 | 58 | +45.0% |
Summary: The Middleburg-Clay Hill housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 45%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 81 | 77 | -4.9% |
Asking Price vs. Sold Price
36 Homes Were Sold
Under Asking
32 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Middleburg-Clay Hill, you may be able to get a good deal. 46.8% of homes here sold below asking price last month.
Summary: A total of 77 homes were sold or pending in Middleburg-Clay Hill in May 2024, down by 4.9% month-over-month. Of the 77 sold homes, 47% were sold under asking, 42% were sold at asking, and 12% were sold over asking.
Days on Market for Middleburg-Clay Hill, FL
How long does it take to sell a home in Middleburg-Clay Hill, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 85 Days | 61 Days | -28.1% |
Summary: Homes in Middleburg-Clay Hill had an average of 61 days on market in May 2024, down by 28.1% compared to last year.
Breakdown of Home Sale Times
39 Homes Were Sold
Under 30 Days
23 Homes Were Sold
In 30 - 90 Days
15 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Middleburg-Clay Hill are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 77 homes were sold in Middleburg-Clay Hill; 51% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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