Is Allen Creek, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Allen Creek is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Allen Creek has remained a Seller's Market.

Key Takeaway

Allen Creek is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Allen Creek, FL

How much do homes in Allen Creek, FL cost?

Median Sold Price

$440,000

$274/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$30,000(+7.3%)

Key Takeaway

Homes in Allen Creek have sold for 7.3% more than they did a year ago.

Summary: The median home sold price in Allen Creek was $440,000 in April 2024, up 7.3% from last year, and the median price per square foot was $274.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $120.5K$129K
+7.1%
2 $300K$250K
-16.7%
3 $468.7K$464.6K
-0.9%
4 $639K$717.5K
+12.3%
5+ $670K$800K
+19.4%

Summary: Allen Creek housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.1%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes increased by 19.4%.

Median Sold Price Compared To Nearby Neighborhoods

Imperial Courts
+10.3%
Allen Creek
+7.3%
Brookside
-4.4%
Keene Acres
-9.0%

Housing Supply in Allen Creek, FL

How many homes are available in Allen Creek, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
6668+3.0%

Summary: The Allen Creek real estate market had 68 homes for sale in April 2024, a 3.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 78
+14.3%
2 2426
+8.3%
3 1720
+17.6%
4 1512
-20.0%
5+ 32
-33.3%

Summary: The Allen Creek housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 17.6%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1412-14.3%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Allen Creek, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Allen Creek in April 2024, down by 14.3% month-over-month. Of the 12 sold homes, 75% were sold under asking, 17% were sold at asking, and 8% were sold over asking.

Days on Market for Allen Creek, FL

How long does it take to sell a home in Allen Creek, FL?

Average Sale Time

Apr 2023Apr 2024CHANGE
29 Days80 Days+175.3%

Summary: Homes in Allen Creek had an average of 80 days on market in Apr 2024, up by 175.3% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Allen Creek are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 12 homes were sold in Allen Creek; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

Newest Listings in Allen Creek, FL

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