Is Cross City, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cross City is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Cross City was a Neutral Market.

Key Takeaway

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

Housing Prices in Cross City, FL

How much do homes in Cross City, FL cost?

Median Sold Price

$280,000

$139/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$208,500(+291.6%)

Key Takeaway

Homes in Cross City have sold for 291.6% more than they did a month ago.

Summary: The median home sold price in Cross City was $280,000 in March 2024, up 291.6% from last month, and the median price per square foot was $139.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $71.5K$280K
+291.6%
4 --
N/A
5+ --
N/A

Summary: Cross City housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 291.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Cross City
+291.6%
Cross City North
+69.3%
Old Town
+53.8%

Housing Supply in Cross City, FL

How many homes are available in Cross City, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
65-16.7%

Summary: The Cross City real estate market had 5 homes for sale in March 2024, a 16.7% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 22
0.0%
3 43
-25.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Cross 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 remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cross City, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Cross City in March 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Cross City, FL

How long does it take to sell a home in Cross City, FL?

Average Sale Time

Feb 2024Mar 2024CHANGE
11 Days148 Days+1245.5%

Summary: Homes in Cross City had an average of 148 days on market in Mar 2024, up by 1245.5% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Cross City are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 1 homes were sold in Cross City; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 24 Days Ago

Newest Listings in Cross City, FL

Nearby Markets to Cross City, FL

What housing markets are near Cross City, FL?