Is Altha, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Altha is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Altha has remained a Buyer's Market.

Key Takeaway

Altha is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Altha, FL

How much do homes in Altha, FL cost?

Median Sold Price

$255,000

$142/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$14,000(-5.2%)

Key Takeaway

Homes in Altha have sold for 5.2% less than they did a month ago.

Summary: The median home sold price in Altha was $255,000 in April 2024, down 5.2% from last month, and the median price per square foot was $142.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $269K$255K
-5.2%
4 --
N/A
5+ --
N/A

Summary: Altha housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 5.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Altha, FL

How many homes are available in Altha, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
108-20.0%

Summary: The Altha real estate market had 8 homes for sale in April 2024, a 20.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 76
-14.3%
4 22
0.0%
5+ 00
0.0%

Summary: The Altha 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 decreased by 100%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Altha, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Altha in April 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Altha, FL

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

Average Sale Time

Mar 2024Apr 2024CHANGE
75 Days31 Days-58.7%

Summary: Homes in Altha had an average of 31 days on market in Apr 2024, down by 58.7% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Altha has remained consistent over time.

Summary: During April 2024, 1 homes were sold in Altha; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 8 Days Ago

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