Is Titusville, 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, Titusville has remained a Seller's Market.
Key Takeaway
Titusville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Titusville, FL
How much do homes in Titusville, FL cost?
Median Sold Price
$299,900
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Titusville have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in Titusville was $299,900 in May 2024, up 3.4% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $105K | $125K | +19.0% |
| 2 Bedrooms | $195K | $199.9K | +2.6% |
| 3 Bedrooms | $290K | $299K | +3.1% |
| 4 Bedrooms | $375K | $369.9K | -1.4% |
| 5+ Bedrooms | $457.5K | $490K | +7.1% |
Summary: Titusville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19%, 2 bedroom homes increased by 2.6%, 3 bedroom homes increased by 3.1%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes increased by 7.1%.
Median Sold Price Compared To Nearby Cities
| Titusville | $290K | $299.9K | +3.4% |
| Mims | $345.5K | $338.6K | -2.0% |
Housing Supply in Titusville, FL
How many homes are available in Titusville, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 572 | 606 | +5.9% |
Summary: The Titusville real estate market had 606 homes for sale in May 2024, a 5.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 15 | 14 | -6.7% |
| 2 Bedrooms | 117 | 122 | +4.3% |
| 3 Bedrooms | 269 | 285 | +5.9% |
| 4 Bedrooms | 147 | 156 | +6.1% |
| 5+ Bedrooms | 24 | 29 | +20.8% |
Summary: The Titusville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 6.7%, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes increased by 20.8%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 105 | 112 | +6.7% |
Asking Price vs. Sold Price
60 Homes Were Sold
Under Asking
39 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Titusville, you may be able to get a good deal. 53.6% of homes here sold below asking price last month.
Summary: A total of 112 homes were sold or pending in Titusville in May 2024, up by 6.7% month-over-month. Of the 112 sold homes, 54% were sold under asking, 35% were sold at asking, and 12% were sold over asking.
Days on Market for Titusville, FL
How long does it take to sell a home in Titusville, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 49 Days | 56 Days | +14.3% |
Summary: Homes in Titusville had an average of 56 days on market in May 2024, up by 14.3% compared to last year.
Breakdown of Home Sale Times
52 Homes Were Sold
Under 30 Days
34 Homes Were Sold
In 30 - 90 Days
26 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Titusville are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 112 homes were sold in Titusville; 46% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
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