Is Archer, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Archer was a Seller's Market.
Housing Prices in Archer, FL
How much do homes in Archer, FL cost?
Median Sold Price
$248,450
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Archer was $248,450 in March 2024, up 3.5% from last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $184.5K | - | N/A |
2 Bedrooms | $80K | $174.8K | +118.6% |
3 Bedrooms | $237.5K | $242K | +1.9% |
4 Bedrooms | $333.6K | $330K | -1.1% |
5+ Bedrooms | - | $815K | N/A |
Summary: Archer housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 118.6%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Archer | $240K | $248.4K | +3.5% |
Newberry-Archer | $375.4K | $359.9K | -4.1% |
Housing Supply in Archer, FL
How many homes are available in Archer, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
41 | 47 | +14.6% |
Summary: The Archer real estate market had 47 homes for sale in March 2024, a 14.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 20 | 26 | +30.0% |
4 Bedrooms | 14 | 15 | +7.1% |
5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Archer housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 30%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 5 | +150.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Archer in March 2024, up by 150.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.
Days on Market for Archer, FL
How long does it take to sell a home in Archer, FL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
29 Days | 88 Days | +202.4% |
Summary: Homes in Archer had an average of 88 days on market in Mar 2024, up by 202.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 5 homes were sold in Archer; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.