Is Palm Coast, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Palm Coast was a Seller's Market.
Housing Prices in Palm Coast, FL
How much do homes in Palm Coast, FL cost?
Median Sold Price
$356,696
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Palm Coast was $356,696 in April 2024, down 3.4% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $258K | $198K | -23.3% |
2 Bedrooms | $283.5K | $270K | -4.8% |
3 Bedrooms | $360K | $350K | -2.8% |
4 Bedrooms | $389.8K | $374.9K | -3.8% |
5+ Bedrooms | $475.5K | $505K | +6.2% |
Summary: Palm Coast housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.3%, 2 bedroom homes decreased by 4.8%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes increased by 6.2%.
Median Sold Price Compared To Nearby Cities
Palm Coast | $369.4K | $356.6K | -3.4% |
Bunnell | $307.7K | $296.3K | -3.7% |
Flagler Beach | $530K | $509.9K | -3.8% |
Housing Supply in Palm Coast, FL
How many homes are available in Palm Coast, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1,855 | 1,841 | -0.8% |
Summary: The Palm Coast real estate market had 1,841 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 | 14 | 15 | +7.1% |
2 Bedrooms | 112 | 129 | +15.2% |
3 Bedrooms | 1,034 | 1,050 | +1.5% |
4 Bedrooms | 593 | 552 | -6.9% |
5+ Bedrooms | 102 | 95 | -6.9% |
Summary: The Palm Coast housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.1%, 2 bedroom homes increased by 15.2%, 3 bedroom homes increased by 1.5%, 4 bedroom homes decreased by 6.9%, and 5+ bedroom homes decreased by 6.9%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
309 | 287 | -7.1% |
Asking Price vs. Sold Price
211 Homes Were Sold
Under Asking
52 Homes Were Sold
At Asking
24 Homes Were Sold
Over Asking
Summary: A total of 287 homes were sold or pending in Palm Coast in April 2024, down by 7.1% month-over-month. Of the 287 sold homes, 74% were sold under asking, 18% were sold at asking, and 8% were sold over asking.
Days on Market for Palm Coast, FL
How long does it take to sell a home in Palm Coast, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
60 Days | 75 Days | +24.5% |
Summary: Homes in Palm Coast had an average of 75 days on market in Apr 2024, up by 24.5% compared to last year.
Breakdown of Home Sale Times
106 Homes Were Sold
Under 30 Days
90 Homes Were Sold
In 30 - 90 Days
91 Homes Were Sold
Over 90 Days
Summary: During April 2024, 287 homes were sold in Palm Coast; 37% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.