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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cross City North is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Cross City North was a Neutral Market.

Key Takeaway

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

Housing Prices in Cross City North, FL

How much do homes in Cross City North, FL cost?

Median Sold Price

$159,450

$146/sqft

Based on all homes sold in February 2024.

Difference Since Last Month

-$177,550(-52.7%)

Key Takeaway

Homes in Cross City North have sold for 52.7% less than they did a month ago.

Summary: The median home sold price in Cross City North was $159,450 in February 2024, down 52.7% from last month, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 $337K-
N/A
2 $480K$169K
-64.8%
3 $295K$149.9K
-49.2%
4 --
N/A
5+ --
N/A

Summary: Cross City North housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 64.8%, 3 bedroom homes decreased by 49.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Old Town
-28.8%
Cross City North
-52.7%

Housing Supply in Cross City North, FL

How many homes are available in Cross City North, FL?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
2023+15.0%

Summary: The Cross City North real estate market had 23 homes for sale in February 2024, a 15.0% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 10
-100.0%
2 58
+60.0%
3 1212
0.0%
4 23
+50.0%
5+ 00
0.0%

Summary: The Cross City North housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 60%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
36+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cross City North, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Cross City North in February 2024, up by 100.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Cross City North, FL

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

Average Sale Time

Jan 2024Feb 2024CHANGE
72 Days33 Days-53.0%

Summary: Homes in Cross City North had an average of 33 days on market in Feb 2024, down by 53% compared to last month.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Cross City North are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 6 homes were sold in Cross City North; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% 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 28 Days Ago

Newest Listings in Cross City North, FL

Nearby Markets to Cross City North, FL

What housing markets are near Cross City North, FL?