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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brandon is a 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

# BEDSJan 2022Jan 2023%
1 $117K$180K
+53.8%
2 $190.5K$243K
+27.6%
3 $275K$340.4K
+23.8%
4 $375K$445.6K
+18.8%
5+ $465K$555K
+19.4%

Median Sold Price Compared To Nearby Cities

Brandon
+20.8%
Riverview
+20.8%
Seffner
+20.2%
Valrico
+19.7%
Dover
+15.3%

How many homes are available in Brandon, FL?

Number of Homes For Sale

Dec 2022Jan 2023%
614612-0.3%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 25
+150.0%
2 8273
-11.0%
3 251269
+7.2%
4 234219
-6.4%
5+ 4546
+2.2%

Number of Homes Sold

Dec 2022Jan 2023%
133111-16.5%

Asking Price vs. Sold Price

69 Homes Were Sold
Under Asking

23 Homes Were Sold
At Asking

19 Homes Were Sold
Over Asking

Asking vs Sold - buyer

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 2022Jan 2023%
16 Days56 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

Breakdown of Home Sale Times

Key Takeaway

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

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

About Brandon, FL

Number of homes for sale in Brandon, FL real estate market have reached 612. In January 2023 in Brandon, FL there were 0.3% less homes for sale than in December 2022. The median list price of listings available in January 2023 was $363,740, while the average time on the real estate market was 56 days. Between December 2022 and January 2023, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went up by 53.8%, prices of 2 bedrooms properties increased by 27.6%, prices of 3 bedrooms properties went up by 23.8%, 4 bedrooms properties prices increased by 18.8%, the cost of 5 bedrooms properties went up by 19.4%. Housing inventory have changed in this real estate market: number of 1 bedroom homes increased by 150%, the quantity of 2 bedrooms homes went down by 11%, 3 bedrooms homes inventory increased by 7.2%, volume of 4 bedrooms homes went down by 6.4%, the quantity of 5 bedrooms homes went up by 2.2%. In January 2023, from all listings sold in Brandon, FL there were more than 19 sold above asking price, over 69 sold below and more than 23 were sold right at the asked price.

Related Housing Market Reports