Is LaBelle, 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, LaBelle has remained a Buyer's Market.
Housing Prices in LaBelle, FL
How much do homes in LaBelle, FL cost?
Median Sold Price
$316,333
$206/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in LaBelle was $316,333 in April 2024, up 0.4% from last year, and the median price per square foot was $206.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $206K | $148K | -28.2% |
2 Bedrooms | $223K | $229K | +2.7% |
3 Bedrooms | $329.9K | $322K | -2.4% |
4 Bedrooms | $329.9K | $329.8K | 0% |
5+ Bedrooms | $499K | $245K | -50.9% |
Summary: LaBelle housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 28.2%, 2 bedroom homes increased by 2.7%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 50.9%.
Median Sold Price Compared To Nearby Cities
Southwest Glades | $282K | $323.1K | +14.6% |
LaBelle | $315K | $316.3K | 0.4% |
Housing Supply in LaBelle, FL
How many homes are available in LaBelle, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
245 | 243 | -0.8% |
Summary: The LaBelle real estate market had 243 homes for sale in April 2024, a 0.8% decrease 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 | 21 | 23 | +9.5% |
3 Bedrooms | 137 | 135 | -1.5% |
4 Bedrooms | 78 | 77 | -1.3% |
5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The LaBelle 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 9.5%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
43 | 30 | -30.2% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 30 homes were sold or pending in LaBelle in April 2024, down by 30.2% month-over-month. Of the 30 sold homes, 67% were sold under asking, 23% were sold at asking, and 10% were sold over asking.
Days on Market for LaBelle, FL
How long does it take to sell a home in LaBelle, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
80 Days | 101 Days | +25.9% |
Summary: Homes in LaBelle had an average of 101 days on market in Apr 2024, up by 25.9% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Summary: During April 2024, 30 homes were sold in LaBelle; 33% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.