Is Holmes County, 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, Holmes County was a Seller's Market.
Housing Prices in Holmes County, FL
How much do homes in Holmes County, FL cost?
Median Sold Price
$207,500
$135/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Holmes County was $207,500 in May 2024, up 11% from last year, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $37.5K | $265K | +606.7% |
2 Bedrooms | $163K | $189.9K | +16.5% |
3 Bedrooms | $188K | $207.5K | +10.4% |
4 Bedrooms | $253.4K | $225.5K | -11.0% |
5+ Bedrooms | $380K | $499.5K | +31.4% |
Summary: Holmes County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 606.7%, 2 bedroom homes increased by 16.5%, 3 bedroom homes increased by 10.4%, 4 bedroom homes decreased by 11%, and 5+ bedroom homes increased by 31.4%.
Median Sold Price Compared To Nearby Counties
Jackson County | $190.3K | $219.5K | +15.3% |
Holmes County | $187K | $207.5K | +11.0% |
Washington County | $222.5K | $245.9K | +10.6% |
Walton County | $600.7K | $617.3K | +2.8% |
Housing Supply in Holmes County, FL
How many homes are available in Holmes County, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
76 | 67 | -11.8% |
Summary: The Holmes County real estate market had 67 homes for sale in May 2024, a 11.8% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 9 | 9 | 0.0% |
3 Bedrooms | 48 | 40 | -16.7% |
4 Bedrooms | 14 | 12 | -14.3% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Holmes County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
15 | 9 | -40.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Holmes County in May 2024, down by 40.0% month-over-month. Of the 9 sold homes, 78% were sold under asking, 22% were sold at asking, and 0% were sold over asking.
Days on Market for Holmes County, FL
How long does it take to sell a home in Holmes County, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
50 Days | 35 Days | -30.3% |
Summary: Homes in Holmes County had an average of 35 days on market in May 2024, down by 30.3% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 9 homes were sold in Holmes County; 78% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.