Is Babson Park, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Babson Park is a buyer's market

Buyer's
Market

Difference Since September 2021

At the same time last year, Babson Park was a Seller's Market.

Key Takeaway

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

How much do homes in Babson Park, FL cost?

Median Sold Price

$222,500

$154/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$40,000(+21.9%)

Key Takeaway

Homes in Babson Park have sold for 21.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $96.5K$140K
+45.1%
2 $140.5K$160K
+13.9%
3 $172.5K$227.2K
+31.7%
4 $290K$225K
-22.4%
5+ $447.7K$450K
0.5%

Median Sold Price Compared To Nearby Cities

Frostproof
+28.9%
Babson Park
+21.9%

How many homes are available in Babson Park, FL?

Number of Homes For Sale

Aug 2022Sep 2022%
2322-4.3%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 11
0.0%
2 11
0.0%
3 1514
-6.7%
4 55
0.0%
5+ 11
0.0%

Number of Homes Sold

Aug 2022Sep 2022%
43-25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Babson Park, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
41 Days11 Days-73.6%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Babson Park, FL

Babson Park, FL has 22 homes on the market. Between August 2022 and September 2022, Babson Park, FL real estate market has seen decrease in the number of listings by 4.3%. While the average time on the market in September 2022 was 11 days, the median list price was $222,500. Listing prices have changed in this real estate market between August 2022 and September 2022: 1 bedroom properties became 45.1% more expensive, 2 bedrooms properties became 13.9% more expensive, prices of 3 bedrooms properties increased by 31.7%, 4 bedrooms properties prices decreased by 22.4%, prices of 5 bedrooms properties went up by 0.5%. Volume of homes for sale in this real estate market have seen the following changes: the quantity of 1 bedroom homes have not changed, the quantity of 2 bedrooms homes have not changed, number of 3 bedrooms homes decreased by 6.7%, 4 bedrooms homes did not move, the quantity of 5 bedrooms homes have not changed. While more than 0 listings in Babson Park, FL in September 2022 were sold above asking price, there were more than 1 listings sold at asking price, and more than 2 were sold below.

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