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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Callaway is a seller's market

Buyer's
Market

Difference Since October 2021

Since last year, Callaway has remained a Seller's Market.

Key Takeaway

Callaway is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Callaway, FL cost?

Median Sold Price

$254,333

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$44,333(+21.1%)

Key Takeaway

Homes in Callaway have sold for 21.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 -$750K
N/A
2 $118.6K$131.7K
+11.1%
3 $200K$244.5K
+22.3%
4 $249.9K$300K
+20.0%
5+ $303.9K$418.1K
+37.6%

Median Sold Price Compared To Nearby Cities

Callaway
+21.1%
Springfield
+19.9%
Parker
+8.3%

How many homes are available in Callaway, FL?

Number of Homes For Sale

Sep 2022Oct 2022%
9698+2.1%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 54
-20.0%
3 5656
0.0%
4 2833
+17.9%
5+ 75
-28.6%

Number of Homes Sold

Sep 2022Oct 2022%
18180.0%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Average Sale Time

Oct 2021Oct 2022%
30 Days29 Days-4.2%

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Callaway 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 Callaway, FL

Callaway, FL has 98 homes for sale to choose from. In October 2022 in Callaway, FL there were 2.1% more homes for sale than in September 2022. The median list price of listings available in October 2022 was $254,333, while the average time on the real estate market was 29 days. Between September 2022 and October 2022, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went up by 0%, the cost of 2 bedrooms properties went up by 11.1%, prices of 3 bedrooms properties went up by 22.3%, prices of 4 bedrooms properties increased by 20%, 5 bedrooms properties prices increased by 37.6%. Volume of homes for sale changed: the quantity of 1 bedroom homes have not changed, volume of 2 bedrooms homes went down by 20%, number of 3 bedrooms homes remained the same, the quantity of 4 bedrooms homes went up by 17.9%, number of 5 bedrooms homes decreased by 28.6%. In October 2022 more than 2 listings in Callaway, FL were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 12 were sold below.