Is Crystal River, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Crystal River is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Crystal River was a Seller's Market.

Key Takeaway

Crystal River 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 Crystal River, FL

How much do homes in Crystal River, FL cost?

Median Sold Price

$325,000

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$26,000(+8.7%)

Key Takeaway

Homes in Crystal River have sold for 8.7% more than they did a year ago.

Summary: The median home sold price in Crystal River was $325,000 in March 2024, up 8.7% from last year, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$216K
N/A
2 $255K$256.7K
+0.7%
3 $285.2K$297.5K
+4.3%
4 $325.7K$349.9K
+7.4%
5+ $297K$384.9K
+29.6%

Summary: Crystal River 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 increased by 0.7%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 29.6%.

Housing Supply in Crystal River, FL

How many homes are available in Crystal River, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
114116+1.8%

Summary: The Crystal River real estate market had 116 homes for sale in March 2024, a 1.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 3639
+8.3%
3 5553
-3.6%
4 1619
+18.8%
5+ 75
-28.6%

Summary: The Crystal River 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 8.3%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes decreased by 28.6%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1918-5.3%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Crystal River, you may be able to get a good deal. 88.9% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in Crystal River in March 2024, down by 5.3% month-over-month. Of the 18 sold homes, 89% were sold under asking, 6% were sold at asking, and 6% were sold over asking.

Days on Market for Crystal River, FL

How long does it take to sell a home in Crystal River, FL?

Average Sale Time

Mar 2023Mar 2024CHANGE
58 Days76 Days+29.9%

Summary: Homes in Crystal River had an average of 76 days on market in Mar 2024, up by 29.9% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Crystal River has remained consistent over time.

Summary: During March 2024, 18 homes were sold in Crystal River; 22% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 28% 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 19 Days Ago

Newest Listings in Crystal River, FL

Nearby Markets to Crystal River, FL