Is Callahan-Hilliard, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Callahan-Hilliard is a buyer's market

Buyer's
Market

Difference Since February 2023

At the same time last year, Callahan-Hilliard was a Seller's Market.

Key Takeaway

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

Housing Prices in Callahan-Hilliard, FL

How much do homes in Callahan-Hilliard, FL cost?

Median Sold Price

$385,333

$209/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$55,333(+16.8%)

Key Takeaway

Homes in Callahan-Hilliard have sold for 16.8% more than they did a year ago.

Summary: The median home sold price in Callahan-Hilliard was $385,333 in February 2024, up 16.8% from last year, and the median price per square foot was $209.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $212.5K$279K
+31.3%
3 $307K$327.5K
+6.7%
4 $475K$517.4K
+8.9%
5+ $462K$490K
+6.1%

Summary: Callahan-Hilliard housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 31.3%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes increased by 6.1%.

Median Sold Price Compared To Nearby Cities

Hilliard
+43.5%
Callahan-Hilliard
+16.8%
Callahan
+0.9%
Yulee
-1.0%
Jacksonville North
-4.5%

Housing Supply in Callahan-Hilliard, FL

How many homes are available in Callahan-Hilliard, FL?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
119134+12.6%

Summary: The Callahan-Hilliard real estate market had 134 homes for sale in February 2024, a 12.6% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 5457
+5.6%
4 5564
+16.4%
5+ 911
+22.2%

Summary: The Callahan-Hilliard housing inventory by bedroom type for February 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 5.6%, 4 bedroom homes increased by 16.4%, and 5+ bedroom homes increased by 22.2%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
2013-35.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Callahan-Hilliard, you may be able to get a good deal. 69.2% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Callahan-Hilliard in February 2024, down by 35.0% month-over-month. Of the 13 sold homes, 69% were sold under asking, 31% were sold at asking, and 0% were sold over asking.

Days on Market for Callahan-Hilliard, FL

How long does it take to sell a home in Callahan-Hilliard, FL?

Average Sale Time

Feb 2023Feb 2024CHANGE
99 Days64 Days-35.1%

Summary: Homes in Callahan-Hilliard had an average of 64 days on market in Feb 2024, down by 35.1% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Callahan-Hilliard are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 13 homes were sold in Callahan-Hilliard; 54% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.

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

Report Updated 27 Days Ago

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