Is Callaway, 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, Callaway was a Seller's Market.
Housing Prices in Callaway, FL
How much do homes in Callaway, FL cost?
Median Sold Price
$290,000
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Callaway was $290,000 in May 2024, up 1.8% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $155K | $161.5K | +4.2% |
3 Bedrooms | $255K | $268K | +5.1% |
4 Bedrooms | $316.9K | $319.9K | +0.9% |
5+ Bedrooms | $376.9K | $375.9K | -0.3% |
Summary: Callaway housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes decreased by 0.3%.
Median Sold Price Compared To Nearby Cities
Springfield | $220K | $243K | +10.5% |
Parker | $222K | $240K | +8.1% |
Callaway | $285K | $290K | +1.8% |
Housing Supply in Callaway, FL
How many homes are available in Callaway, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
150 | 147 | -2.0% |
Summary: The Callaway real estate market had 147 homes for sale in May 2024, a 2.0% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 9 | +12.5% |
3 Bedrooms | 77 | 78 | +1.3% |
4 Bedrooms | 59 | 53 | -10.2% |
5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Callaway 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 increased by 12.5%, 3 bedroom homes increased by 1.3%, 4 bedroom homes decreased by 10.2%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
35 | 23 | -34.3% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in Callaway in May 2024, down by 34.3% month-over-month. Of the 23 sold homes, 52% were sold under asking, 35% were sold at asking, and 13% were sold over asking.
Days on Market for Callaway, FL
How long does it take to sell a home in Callaway, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
49 Days | 80 Days | +60.4% |
Summary: Homes in Callaway had an average of 80 days on market in May 2024, up by 60.4% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During May 2024, 23 homes were sold in Callaway; 39% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 35% of homes were sold over 90 days.