Is Mulberry, 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, Mulberry has remained a Seller's Market.
Housing Prices in Mulberry, FL
How much do homes in Mulberry, FL cost?
Median Sold Price
$303,333
$192/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Mulberry was $303,333 in May 2024, down 1% from last year, and the median price per square foot was $192.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $150K | N/A |
2 Bedrooms | $158K | $175K | +10.8% |
3 Bedrooms | $290K | $300K | +3.4% |
4 Bedrooms | $349.1K | $360K | +3.1% |
5+ Bedrooms | $433.6K | $466K | +7.5% |
Summary: Mulberry housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.8%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 7.5%.
Median Sold Price Compared To Nearby Cities
Mulberry | $306.2K | $303.3K | -1.0% |
Lithia | $538K | $526.9K | -2.0% |
Housing Supply in Mulberry, FL
How many homes are available in Mulberry, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
137 | 142 | +3.6% |
Summary: The Mulberry real estate market had 142 homes for sale in May 2024, a 3.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 18 | 17 | -5.6% |
3 Bedrooms | 75 | 74 | -1.3% |
4 Bedrooms | 37 | 44 | +18.9% |
5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Mulberry 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 decreased by 5.6%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes increased by 18.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
30 | 32 | +6.7% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 32 homes were sold or pending in Mulberry in May 2024, up by 6.7% month-over-month. Of the 32 sold homes, 47% were sold under asking, 25% were sold at asking, and 28% were sold over asking.
Days on Market for Mulberry, FL
How long does it take to sell a home in Mulberry, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
54 Days | 58 Days | +6.9% |
Summary: Homes in Mulberry had an average of 58 days on market in May 2024, up by 6.9% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During May 2024, 32 homes were sold in Mulberry; 44% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.