Is LaBelle, 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, LaBelle was a Seller's Market.
Housing Prices in LaBelle, FL
How much do homes in LaBelle, FL cost?
Median Sold Price
$315,000
$206/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in LaBelle was $315,000 in May 2024, up 3.3% from last year, and the median price per square foot was $206.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $173K | $148K | -14.5% |
2 Bedrooms | $226K | $228K | +0.9% |
3 Bedrooms | $320.9K | $320K | -0.3% |
4 Bedrooms | $373.7K | $320K | -14.4% |
5+ Bedrooms | $499K | $245K | -50.9% |
Summary: LaBelle housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.5%, 2 bedroom homes increased by 0.9%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes decreased by 14.4%, and 5+ bedroom homes decreased by 50.9%.
Median Sold Price Compared To Nearby Cities
Southwest Glades | $310K | $326.3K | +5.3% |
LaBelle | $304.9K | $315K | +3.3% |
Housing Supply in LaBelle, FL
How many homes are available in LaBelle, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
271 | 284 | +4.8% |
Summary: The LaBelle real estate market had 284 homes for sale in May 2024, a 4.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 24 | 25 | +4.2% |
3 Bedrooms | 151 | 161 | +6.6% |
4 Bedrooms | 88 | 92 | +4.5% |
5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The LaBelle housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
32 | 23 | -28.1% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in LaBelle in May 2024, down by 28.1% month-over-month. Of the 23 sold homes, 35% were sold under asking, 52% were sold at asking, and 13% were sold over asking.
Days on Market for LaBelle, FL
How long does it take to sell a home in LaBelle, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
75 Days | 59 Days | -21.3% |
Summary: Homes in LaBelle had an average of 59 days on market in May 2024, down by 21.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During May 2024, 23 homes were sold in LaBelle; 22% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.