Is Dixie County, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dixie County is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Dixie County, FL

How much do homes in Dixie County, FL cost?

Median Sold Price

$180,000

$146/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$22,800(-11.2%)

Key Takeaway

Homes in Dixie County have sold for 11.2% less than they did a year ago.

Summary: The median home sold price in Dixie County was $180,000 in May 2024, down 11.2% from last year, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $123.7K$220K
+77.8%
2 $235K$149.2K
-36.5%
3 $202.8K$215K
+6.0%
4 $182.4K$248.7K
+36.3%
5+ --
N/A

Summary: Dixie County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 77.8%, 2 bedroom homes decreased by 36.5%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 36.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Gilchrist County
+6.0%
Levy County
+2.3%
Dixie County
-11.2%

Housing Supply in Dixie County, FL

How many homes are available in Dixie County, FL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
10100.0%

Summary: The Dixie County real estate market had 10 homes for sale in May 2024, the same as April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 44
0.0%
3 54
-20.0%
4 12
+100.0%
5+ 00
0.0%

Summary: The Dixie County housing inventory by bedroom type for May 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 20%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dixie County, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Dixie County in May 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Dixie County, FL

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

Average Sale Time

May 2023May 2024CHANGE
49 Days105 Days+113.5%

Summary: Homes in Dixie County had an average of 105 days on market in May 2024, up by 113.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Dixie County are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During May 2024, 3 homes were sold in Dixie County; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% 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 10 Days Ago

Newest Listings in Dixie County, FL

Nearby Markets to Dixie County, FL

What housing markets are near Dixie County, FL?