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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Callahan is a seller's market

Buyer's
Market

Difference Since August 2023

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

Key Takeaway

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

Housing Prices in Callahan, FL

How much do homes in Callahan, FL cost?

Median Sold Price

$380,000

$209/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$54,500(+16.7%)

Key Takeaway

Homes in Callahan have sold for 16.7% more than they did a year ago.

Summary: The median home sold price in Callahan was $380,000 in August 2024, up 16.7% from last year, and the median price per square foot was $209.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 --
N/A
2 $212K$299.5K
+41.3%
3 $263K$310K
+17.9%
4 $473.5K$485K
+2.4%
5+ $476K$505.1K
+6.1%

Summary: Callahan housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 41.3%, 3 bedroom homes increased by 17.9%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes increased by 6.1%.

Median Sold Price Compared To Nearby Cities

Callahan
+16.7%
Callahan-Hilliard
+9.8%

Housing Supply in Callahan, FL

How many homes are available in Callahan, FL?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
5147-7.8%

Summary: The Callahan real estate market had 47 homes for sale in August 2024, a 7.8% decrease compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 33
0.0%
3 2421
-12.5%
4 1819
+5.6%
5+ 64
-33.3%

Summary: The Callahan housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
10100.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Callahan, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Callahan in August 2024, the same as the previous month. Of the 10 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.

Days on Market for Callahan, FL

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

Average Sale Time

Aug 2023Aug 2024CHANGE
25 Days82 Days+221.2%

Summary: Homes in Callahan had an average of 82 days on market in Aug 2024, up by 221.2% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Callahan has remained consistent over time.

Summary: During August 2024, 10 homes were sold in Callahan; 30% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 30% 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 20 Days Ago

Newest Listings in Callahan, FL

Nearby Markets to Callahan, FL

What housing markets are near Callahan, FL?