Is Carol City, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Carol City was a Seller's Market.
Key Takeaway
Carol City is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Carol City, FL
How much do homes in Carol City, FL cost?
Median Sold Price
$458,500
$329/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Carol City have sold for 9.2% more than they did a year ago.
Summary: The median home sold price in Carol City was $458,500 in March 2024, up 9.2% from last year, and the median price per square foot was $329.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $174K | $208K | +19.5% |
| 2 Bedrooms | $295K | $342.4K | +16.1% |
| 3 Bedrooms | $410K | $440K | +7.3% |
| 4 Bedrooms | $475K | $500K | +5.3% |
| 5+ Bedrooms | $475K | $568.5K | +19.7% |
Summary: Carol City housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.5%, 2 bedroom homes increased by 16.1%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 19.7%.
Housing Supply in Carol City, FL
How many homes are available in Carol City, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 94 | 97 | +3.2% |
Summary: The Carol City real estate market had 97 homes for sale in March 2024, a 3.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 55 | 56 | +1.8% |
| 4 Bedrooms | 25 | 26 | +4.0% |
| 5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The Carol City 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 25%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 20 | 16 | -20.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Carol City, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 16 homes were sold or pending in Carol City in March 2024, down by 20.0% month-over-month. Of the 16 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for Carol City, FL
How long does it take to sell a home in Carol City, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 28 Days | 34 Days | +20.8% |
Summary: Homes in Carol City had an average of 34 days on market in Mar 2024, up by 20.8% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Carol City are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 16 homes were sold in Carol City; 44% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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