Is Flagler Beach, 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, Flagler Beach was a Seller's Market.
Key Takeaway
Flagler Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Flagler Beach, FL
How much do homes in Flagler Beach, FL cost?
Median Sold Price
$499,875
$320/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Flagler Beach have sold for 9.1% less than they did a year ago.
Summary: The median home sold price in Flagler Beach was $499,875 in May 2024, down 9.1% from last year, and the median price per square foot was $320.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $255.5K | $257K | +0.6% |
| 2 Bedrooms | $385K | $349K | -9.4% |
| 3 Bedrooms | $668K | $628K | -6.0% |
| 4 Bedrooms | $800K | $895K | +11.9% |
| 5+ Bedrooms | $680K | $780K | +14.7% |
Summary: Flagler Beach housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.6%, 2 bedroom homes decreased by 9.4%, 3 bedroom homes decreased by 6%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes increased by 14.7%.
Median Sold Price Compared To Nearby Cities
| North Peninsula | $332.9K | $346.6K | +4.1% |
| Palm Coast | $367.8K | $356.6K | -3.1% |
| Flagler Beach | $550K | $499.8K | -9.1% |
| Beverly Beach | $680K | $286.3K | -57.9% |
Housing Supply in Flagler Beach, FL
How many homes are available in Flagler Beach, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 180 | 189 | +5.0% |
Summary: The Flagler Beach real estate market had 189 homes for sale in May 2024, a 5.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 9 | -18.2% |
| 2 Bedrooms | 55 | 59 | +7.3% |
| 3 Bedrooms | 71 | 75 | +5.6% |
| 4 Bedrooms | 29 | 32 | +10.3% |
| 5+ Bedrooms | 14 | 14 | 0.0% |
Summary: The Flagler Beach housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 18.2%, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 23 | 18 | -21.7% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Flagler Beach, you may be able to get a good deal. 94.4% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in Flagler Beach in May 2024, down by 21.7% month-over-month. Of the 18 sold homes, 94% were sold under asking, 0% were sold at asking, and 6% were sold over asking.
Days on Market for Flagler Beach, FL
How long does it take to sell a home in Flagler Beach, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 68 Days | 66 Days | -3.0% |
Summary: Homes in Flagler Beach had an average of 66 days on market in May 2024, down by 3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Flagler Beach has remained consistent over time.
Summary: During May 2024, 18 homes were sold in Flagler Beach; 28% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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