Is Lockhart, 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, Lockhart has remained a Seller's Market.
Housing Prices in Lockhart, FL
How much do homes in Lockhart, FL cost?
Median Sold Price
$302,500
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Lockhart was $302,500 in May 2024, up 8% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $81K | $94.2K | +16.4% |
2 Bedrooms | $188.5K | $232K | +23.1% |
3 Bedrooms | $290K | $320K | +10.3% |
4 Bedrooms | $375K | $360K | -4.0% |
5+ Bedrooms | $441.5K | $897.6K | +103.3% |
Summary: Lockhart housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.4%, 2 bedroom homes increased by 23.1%, 3 bedroom homes increased by 10.3%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes increased by 103.3%.
Housing Supply in Lockhart, FL
How many homes are available in Lockhart, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
65 | 62 | -4.6% |
Summary: The Lockhart real estate market had 62 homes for sale in May 2024, a 4.6% decrease 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 | 12 | 11 | -8.3% |
3 Bedrooms | 46 | 42 | -8.7% |
4 Bedrooms | 6 | 9 | +50.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lockhart 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 decreased by 8.3%, 3 bedroom homes decreased by 8.7%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
19 | 16 | -15.8% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Lockhart in May 2024, down by 15.8% month-over-month. Of the 16 sold homes, 56% were sold under asking, 25% were sold at asking, and 19% were sold over asking.
Days on Market for Lockhart, FL
How long does it take to sell a home in Lockhart, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
32 Days | 35 Days | +9.5% |
Summary: Homes in Lockhart had an average of 35 days on market in May 2024, up by 9.5% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 16 homes were sold in Lockhart; 56% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.