Is Bushnell-Center 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, Bushnell-Center Hill was a Seller's Market.
Key Takeaway
Bushnell-Center Hill is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Bushnell-Center Hill, FL
How much do homes in Bushnell-Center Hill, FL cost?
Median Sold Price
$249,495
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Bushnell-Center Hill have sold for 9.2% less than they did a year ago.
Summary: The median home sold price in Bushnell-Center Hill was $249,495 in May 2024, down 9.2% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $159.4K | $150K | -5.9% |
| 2 Bedrooms | $199.9K | $158.9K | -20.5% |
| 3 Bedrooms | $275K | $262.5K | -4.5% |
| 4 Bedrooms | $450K | $336K | -25.3% |
| 5+ Bedrooms | $1.0M | $199K | -81.3% |
Summary: Bushnell-Center Hill housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.9%, 2 bedroom homes decreased by 20.5%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes decreased by 25.3%, and 5+ bedroom homes decreased by 81.3%.
Median Sold Price Compared To Nearby Cities
| Webster | $264.5K | $275K | +4.0% |
| Bushnell | $263.5K | $268K | +1.7% |
| Ridge Manor | $305K | $285K | -6.6% |
| Bushnell-Center Hill | $274.9K | $249.4K | -9.2% |
Housing Supply in Bushnell-Center Hill, FL
How many homes are available in Bushnell-Center Hill, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 80 | 85 | +6.3% |
Summary: The Bushnell-Center Hill real estate market had 85 homes for sale in May 2024, a 6.3% 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 | 22 | 17 | -22.7% |
| 3 Bedrooms | 41 | 49 | +19.5% |
| 4 Bedrooms | 14 | 17 | +21.4% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Bushnell-Center 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 decreased by 22.7%, 3 bedroom homes increased by 19.5%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 21 | 11 | -47.6% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Bushnell-Center Hill, you may be able to get a good deal. 72.7% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Bushnell-Center Hill in May 2024, down by 47.6% month-over-month. Of the 11 sold homes, 73% were sold under asking, 18% were sold at asking, and 9% were sold over asking.
Days on Market for Bushnell-Center Hill, FL
How long does it take to sell a home in Bushnell-Center Hill, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 50 Days | 107 Days | +110.8% |
Summary: Homes in Bushnell-Center Hill had an average of 107 days on market in May 2024, up by 110.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Bushnell-Center Hill are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During May 2024, 11 homes were sold in Bushnell-Center Hill; 27% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 45% of homes were sold over 90 days.
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