Is Citra, 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, Citra was a Buyer's Market.
Key Takeaway
Citra is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Citra, FL
How much do homes in Citra, FL cost?
Median Sold Price
$205,900
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Citra have sold for 16% less than they did a year ago.
Summary: The median home sold price in Citra was $205,900 in May 2024, down 16% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $187.5K | N/A |
| 2 Bedrooms | $197.5K | $55K | -72.2% |
| 3 Bedrooms | $220K | $206K | -6.4% |
| 4 Bedrooms | $252.5K | $261.2K | +3.5% |
| 5+ Bedrooms | $564.9K | $450K | -20.3% |
Summary: Citra 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 decreased by 72.2%, 3 bedroom homes decreased by 6.4%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes decreased by 20.3%.
Median Sold Price Compared To Nearby Cities
| Anthony | $250K | $390K | +56.0% |
| Fort Mc Coy | $168K | $185K | +10.1% |
| Reddick-McIntosh | $321K | $290K | -9.7% |
| Fort McCoy-Anthony | $245.5K | $209.5K | -14.7% |
| Citra | $245K | $205.9K | -16.0% |
Housing Supply in Citra, FL
How many homes are available in Citra, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 20 | 19 | -5.0% |
Summary: The Citra real estate market had 19 homes for sale in May 2024, a 5.0% decrease 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 | 2 | 1 | -50.0% |
| 3 Bedrooms | 14 | 12 | -14.3% |
| 4 Bedrooms | 3 | 5 | +66.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Citra 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 50%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Citra, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 6 homes were sold or pending in Citra in May 2024, the same as the previous month. Of the 6 sold homes, 33% were sold under asking, 50% were sold at asking, and 17% were sold over asking.
Days on Market for Citra, FL
How long does it take to sell a home in Citra, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 32 Days | 47 Days | +47.9% |
Summary: Homes in Citra had an average of 47 days on market in May 2024, up by 47.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Citra has remained consistent over time.
Summary: During May 2024, 6 homes were sold in Citra; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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