Is Dunnellon, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Dunnellon has remained a Seller's Market.
Housing Prices in Dunnellon, FL
How much do homes in Dunnellon, FL cost?
Median Sold Price
$260,555
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Dunnellon was $260,555 in April 2024, down 1.6% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $180K | $125K | -30.6% |
2 Bedrooms | $225K | $228.5K | +1.6% |
3 Bedrooms | $263K | $260K | -1.1% |
4 Bedrooms | $329.4K | $312.8K | -5.0% |
5+ Bedrooms | $357.7K | $465K | +30.0% |
Summary: Dunnellon housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 30.6%, 2 bedroom homes increased by 1.6%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes increased by 30%.
Housing Supply in Dunnellon, FL
How many homes are available in Dunnellon, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
412 | 420 | +1.9% |
Summary: The Dunnellon real estate market had 420 homes for sale in April 2024, a 1.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 52 | 59 | +13.5% |
3 Bedrooms | 284 | 277 | -2.5% |
4 Bedrooms | 65 | 74 | +13.8% |
5+ Bedrooms | 10 | 9 | -10.0% |
Summary: The Dunnellon housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 13.5%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes increased by 13.8%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
74 | 78 | +5.4% |
Asking Price vs. Sold Price
37 Homes Were Sold
Under Asking
31 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 78 homes were sold or pending in Dunnellon in April 2024, up by 5.4% month-over-month. Of the 78 sold homes, 47% were sold under asking, 40% were sold at asking, and 13% were sold over asking.
Days on Market for Dunnellon, FL
How long does it take to sell a home in Dunnellon, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
51 Days | 45 Days | -11.6% |
Summary: Homes in Dunnellon had an average of 45 days on market in Apr 2024, down by 11.6% compared to last year.
Breakdown of Home Sale Times
44 Homes Were Sold
Under 30 Days
23 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During April 2024, 78 homes were sold in Dunnellon; 56% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.