Is Fellowship, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Fellowship has remained a Seller's Market.
Housing Prices in Fellowship, FL
How much do homes in Fellowship, FL cost?
Median Sold Price
$302,250
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Fellowship was $302,250 in May 2024, up 4.2% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $485K | $196.5K | -59.5% |
2 Bedrooms | $239.7K | $230.5K | -3.8% |
3 Bedrooms | $308.5K | $313.1K | +1.5% |
4 Bedrooms | $377K | $329.9K | -12.5% |
5+ Bedrooms | $388.2K | $348.8K | -10.2% |
Summary: Fellowship housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 59.5%, 2 bedroom homes decreased by 3.8%, 3 bedroom homes increased by 1.5%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 10.2%.
Median Sold Price Compared To Nearby Cities
Fellowship | $289.9K | $302.2K | +4.2% |
Ocala | $274.9K | $279.9K | +1.8% |
Williston-Bronson | $245K | $243.5K | -0.6% |
Reddick-McIntosh | $321K | $290K | -9.7% |
Morriston | $399K | $248K | -37.8% |
Housing Supply in Fellowship, FL
How many homes are available in Fellowship, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
766 | 730 | -4.7% |
Summary: The Fellowship real estate market had 730 homes for sale in May 2024, a 4.7% 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 | 298 | 302 | +1.3% |
3 Bedrooms | 372 | 354 | -4.8% |
4 Bedrooms | 82 | 65 | -20.7% |
5+ Bedrooms | 14 | 9 | -35.7% |
Summary: The Fellowship 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 1.3%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes decreased by 20.7%, and 5+ bedroom homes decreased by 35.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
125 | 141 | +12.8% |
Asking Price vs. Sold Price
95 Homes Were Sold
Under Asking
28 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Summary: A total of 141 homes were sold or pending in Fellowship in May 2024, up by 12.8% month-over-month. Of the 141 sold homes, 67% were sold under asking, 20% were sold at asking, and 13% were sold over asking.
Days on Market for Fellowship, FL
How long does it take to sell a home in Fellowship, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
40 Days | 68 Days | +66.7% |
Summary: Homes in Fellowship had an average of 68 days on market in May 2024, up by 66.7% compared to last year.
Breakdown of Home Sale Times
53 Homes Were Sold
Under 30 Days
52 Homes Were Sold
In 30 - 90 Days
36 Homes Were Sold
Over 90 Days
Summary: During May 2024, 141 homes were sold in Fellowship; 38% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.