Is Callahan, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Callahan has remained a Seller's Market.
Key Takeaway
Callahan is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Callahan, FL
How much do homes in Callahan, FL cost?
Median Sold Price
$345,000
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Callahan have sold for 4.7% more than they did a year ago.
Summary: The median home sold price in Callahan was $345,000 in March 2024, up 4.7% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $201K | $299.5K | +49.0% |
| 3 Bedrooms | $299.5K | $289K | -3.5% |
| 4 Bedrooms | $475K | $485K | +2.1% |
| 5+ Bedrooms | $395K | $490K | +24.1% |
Summary: Callahan 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 49%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes increased by 24.1%.
Median Sold Price Compared To Nearby Cities
| Callahan-Hilliard | $331.3K | $402K | +21.3% |
| Callahan | $329.5K | $345K | +4.7% |
Housing Supply in Callahan, FL
How many homes are available in Callahan, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 39 | 44 | +12.8% |
Summary: The Callahan real estate market had 44 homes for sale in March 2024, a 12.8% 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 | 0 | 1 | +100.0% |
| 3 Bedrooms | 17 | 19 | +11.8% |
| 4 Bedrooms | 18 | 18 | 0.0% |
| 5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Callahan 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 increased by 100%, 3 bedroom homes increased by 11.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 12 | +140.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Callahan, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Callahan in March 2024, up by 140.0% month-over-month. Of the 12 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for Callahan, FL
How long does it take to sell a home in Callahan, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 100 Days | 36 Days | -64.0% |
Summary: Homes in Callahan had an average of 36 days on market in Mar 2024, down by 64% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Callahan are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 12 homes were sold in Callahan; 58% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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