Is Brandon, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since January 2022
Since last year, Brandon has remained a Seller's Market.
Key Takeaway
Brandon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Brandon, FL cost?
Median Sold Price
$363,740
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since January 2022
+$62,727(+20.8%)
Key Takeaway
Homes in Brandon have sold for 20.8% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Jan 2022 | Jan 2023 | % |
|---|---|---|---|
| 1 Bedroom | $117K | $180K | +53.8% |
| 2 Bedrooms | $190.5K | $243K | +27.6% |
| 3 Bedrooms | $275K | $340.4K | +23.8% |
| 4 Bedrooms | $375K | $445.6K | +18.8% |
| 5+ Bedrooms | $465K | $555K | +19.4% |
How many homes are available in Brandon, FL?
Number of Homes For Sale
| Dec 2022 | Jan 2023 | % |
|---|---|---|
| 614 | 612 | -0.3% |
Homes For Sale By Bedroom Count
| # BEDS | Dec 2022 | Jan 2023 | % |
|---|---|---|---|
| 1 Bedroom | 2 | 5 | +150.0% |
| 2 Bedrooms | 82 | 73 | -11.0% |
| 3 Bedrooms | 251 | 269 | +7.2% |
| 4 Bedrooms | 234 | 219 | -6.4% |
| 5+ Bedrooms | 45 | 46 | +2.2% |
Number of Homes Sold
| Dec 2022 | Jan 2023 | % |
|---|---|---|
| 133 | 111 | -16.5% |
Asking Price vs. Sold Price
69 Homes Were Sold
Under Asking
23 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Brandon, you may be able to get a good deal. 62.2% of homes here sold below asking price last month.
Average Sale Time
| Jan 2022 | Jan 2023 | % |
|---|---|---|
| 16 Days | 56 Days | +247.0% |
Breakdown of Home Sale Times
42 Homes Were Sold
Under 30 Days
43 Homes Were Sold
In 30 - 90 Days
26 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Brandon has remained consistent over time.
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