Is Gilchrist County, 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, Gilchrist County has remained a Seller's Market.
Housing Prices in Gilchrist County, FL
How much do homes in Gilchrist County, FL cost?
Median Sold Price
$265,000
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Gilchrist County was $265,000 in May 2024, up 6% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $188.5K | N/A |
2 Bedrooms | $182K | $189.5K | +4.1% |
3 Bedrooms | $259.9K | $265K | +2.0% |
4 Bedrooms | $354.5K | $350K | -1.3% |
5+ Bedrooms | $462.5K | $650K | +40.5% |
Summary: Gilchrist County 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 4.1%, 3 bedroom homes increased by 2%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes increased by 40.5%.
Median Sold Price Compared To Nearby Counties
Gilchrist County | $250K | $265K | +6.0% |
Alachua County | $312.6K | $323.1K | +3.3% |
Levy County | $240K | $245.5K | +2.3% |
Dixie County | $202.8K | $180K | -11.2% |
Housing Supply in Gilchrist County, FL
How many homes are available in Gilchrist County, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
47 | 44 | -6.4% |
Summary: The Gilchrist County real estate market had 44 homes for sale in May 2024, a 6.4% 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 | 7 | 6 | -14.3% |
3 Bedrooms | 25 | 23 | -8.0% |
4 Bedrooms | 12 | 12 | 0.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Gilchrist County 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 14.3%, 3 bedroom homes decreased by 8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
7 | 8 | +14.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Gilchrist County in May 2024, up by 14.3% month-over-month. Of the 8 sold homes, 50% were sold under asking, 38% were sold at asking, and 13% were sold over asking.
Days on Market for Gilchrist County, FL
How long does it take to sell a home in Gilchrist County, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
67 Days | 88 Days | +32.0% |
Summary: Homes in Gilchrist County had an average of 88 days on market in May 2024, up by 32% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 8 homes were sold in Gilchrist County; 38% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.