Is Shenandoah, 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, Shenandoah was a Seller's Market.
Housing Prices in Shenandoah, FL
How much do homes in Shenandoah, FL cost?
Median Sold Price
$690,000
$491/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Shenandoah was $690,000 in April 2024, up 5.6% from last year, and the median price per square foot was $491.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $331.9K | $347.5K | +4.7% |
2 Bedrooms | $559K | $576K | +3.0% |
3 Bedrooms | $787.5K | $775K | -1.6% |
4 Bedrooms | $895K | $1.0M | +18.2% |
5+ Bedrooms | $1.1M | $960K | -12.7% |
Summary: Shenandoah housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.7%, 2 bedroom homes increased by 3%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes decreased by 12.7%.
Median Sold Price Compared To Nearby Neighborhoods
Douglas Park | $551.3K | $672.5K | +22.0% |
Shenandoah | $653.3K | $690K | +5.6% |
Silverbluff Estates | $700K | $735K | +5.0% |
Housing Supply in Shenandoah, FL
How many homes are available in Shenandoah, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
131 | 139 | +6.1% |
Summary: The Shenandoah real estate market had 139 homes for sale in April 2024, a 6.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 15 | 13 | -13.3% |
2 Bedrooms | 35 | 37 | +5.7% |
3 Bedrooms | 33 | 37 | +12.1% |
4 Bedrooms | 34 | 35 | +2.9% |
5+ Bedrooms | 14 | 17 | +21.4% |
Summary: The Shenandoah housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 13.3%, 2 bedroom homes increased by 5.7%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 21.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 19 | -9.5% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in Shenandoah in April 2024, down by 9.5% month-over-month. Of the 19 sold homes, 79% were sold under asking, 11% were sold at asking, and 11% were sold over asking.
Days on Market for Shenandoah, FL
How long does it take to sell a home in Shenandoah, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
57 Days | 42 Days | -25.6% |
Summary: Homes in Shenandoah had an average of 42 days on market in Apr 2024, down by 25.6% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 19 homes were sold in Shenandoah; 37% of homes were sold within 30 days, 53% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.