Is Seffner, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Seffner is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Seffner has remained a Seller's Market.

Key Takeaway

Seffner is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Seffner, FL

How much do homes in Seffner, FL cost?

Median Sold Price

$358,600

$219/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$8,600(+2.5%)

Key Takeaway

Homes in Seffner have sold for 2.5% more than they did a year ago.

Summary: The median home sold price in Seffner was $358,600 in May 2024, up 2.5% from last year, and the median price per square foot was $219.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $125K-
N/A
2 $259K$250K
-3.5%
3 $338.7K$340K
0.4%
4 $395K$421.5K
+6.7%
5+ $530K$525K
-0.9%

Summary: Seffner 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 decreased by 3.5%, 3 bedroom homes increased by 0.4%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes decreased by 0.9%.

Median Sold Price Compared To Nearby Cities

Seffner
+2.5%
Brandon
+1.8%
Valrico
0.2%
Dover
-3.6%
Thonotosassa
-10.2%

Housing Supply in Seffner, FL

How many homes are available in Seffner, FL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
11299-11.6%

Summary: The Seffner real estate market had 99 homes for sale in May 2024, a 11.6% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 01
+100.0%
2 86
-25.0%
3 5543
-21.8%
4 3639
+8.3%
5+ 1310
-23.1%

Summary: The Seffner housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 21.8%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes decreased by 23.1%.

Number of Homes Sold

Apr 2024May 2024CHANGE
3221-34.4%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Seffner, you may be able to get a good deal. 61.9% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in Seffner in May 2024, down by 34.4% month-over-month. Of the 21 sold homes, 62% were sold under asking, 19% were sold at asking, and 19% were sold over asking.

Days on Market for Seffner, FL

How long does it take to sell a home in Seffner, FL?

Average Sale Time

May 2023May 2024CHANGE
25 Days33 Days+34.3%

Summary: Homes in Seffner had an average of 33 days on market in May 2024, up by 34.3% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Seffner are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 21 homes were sold in Seffner; 57% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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