Is Crestview, 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, Crestview was a Seller's Market.
Housing Prices in Crestview, FL
How much do homes in Crestview, FL cost?
Median Sold Price
$307,916
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Crestview was $307,916 in March 2024, up 4.2% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $185K | N/A |
2 Bedrooms | $214.9K | $199.9K | -7.0% |
3 Bedrooms | $262K | $274.9K | +5.0% |
4 Bedrooms | $340.7K | $340.6K | 0% |
5+ Bedrooms | $397.7K | $404K | +1.6% |
Summary: Crestview 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 decreased by 7%, 3 bedroom homes increased by 5%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 1.6%.
Housing Supply in Crestview, FL
How many homes are available in Crestview, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
529 | 591 | +11.7% |
Summary: The Crestview real estate market had 591 homes for sale in March 2024, a 11.7% 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 | 21 | 25 | +19.0% |
3 Bedrooms | 212 | 240 | +13.2% |
4 Bedrooms | 234 | 262 | +12.0% |
5+ Bedrooms | 61 | 63 | +3.3% |
Summary: The Crestview 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 19%, 3 bedroom homes increased by 13.2%, 4 bedroom homes increased by 12%, and 5+ bedroom homes increased by 3.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
85 | 84 | -1.2% |
Asking Price vs. Sold Price
44 Homes Were Sold
Under Asking
26 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 84 homes were sold or pending in Crestview in March 2024, down by 1.2% month-over-month. Of the 84 sold homes, 52% were sold under asking, 31% were sold at asking, and 17% were sold over asking.
Days on Market for Crestview, FL
How long does it take to sell a home in Crestview, FL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
53 Days | 60 Days | +12.9% |
Summary: Homes in Crestview had an average of 60 days on market in Mar 2024, up by 12.9% compared to last year.
Breakdown of Home Sale Times
32 Homes Were Sold
Under 30 Days
34 Homes Were Sold
In 30 - 90 Days
18 Homes Were Sold
Over 90 Days
Summary: During March 2024, 84 homes were sold in Crestview; 38% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.