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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dade City is a seller's market

Buyer's
Market

Difference Since June 2023

Since last year, Dade City has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Dade City, FL

How much do homes in Dade City, FL cost?

Median Sold Price

$334,996

$199/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$5,006(+1.5%)

Key Takeaway

Homes in Dade City have sold for 1.5% more than they did a year ago.

Summary: The median home sold price in Dade City was $334,996 in June 2024, up 1.5% from last year, and the median price per square foot was $199.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $55K$58.4K
+6.4%
2 $215K$191.9K
-10.7%
3 $312.3K$312.9K
0.2%
4 $363.5K$375K
+3.2%
5+ $369.9K$464.2K
+25.5%

Summary: Dade City housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.4%, 2 bedroom homes decreased by 10.7%, 3 bedroom homes increased by 0.2%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 25.5%.

Median Sold Price Compared To Nearby Cities

Lacoochee
+24.7%
Central Pasco
+2.8%
Dade City
+1.5%

Housing Supply in Dade City, FL

How many homes are available in Dade City, FL?

Number of Homes For Sale

May 2024Jun 2024CHANGE
312282-9.6%

Summary: The Dade City real estate market had 282 homes for sale in June 2024, a 9.6% decrease compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 11
0.0%
2 3835
-7.9%
3 145124
-14.5%
4 10094
-6.0%
5+ 2828
0.0%

Summary: The Dade City housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 7.9%, 3 bedroom homes decreased by 14.5%, 4 bedroom homes decreased by 6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

May 2024Jun 2024CHANGE
5558+5.5%

Asking Price vs. Sold Price

34 Homes Were Sold
Under Asking

19 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dade City, you may be able to get a good deal. 58.6% of homes here sold below asking price last month.

Summary: A total of 58 homes were sold or pending in Dade City in June 2024, up by 5.5% month-over-month. Of the 58 sold homes, 59% were sold under asking, 33% were sold at asking, and 9% were sold over asking.

Days on Market for Dade City, FL

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

Average Sale Time

Jun 2023Jun 2024CHANGE
46 Days65 Days+40.4%

Summary: Homes in Dade City had an average of 65 days on market in Jun 2024, up by 40.4% compared to last year.

Breakdown of Home Sale Times

28 Homes Were Sold
Under 30 Days

17 Homes Were Sold
In 30 - 90 Days

13 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During June 2024, 58 homes were sold in Dade City; 48% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 22% 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 26 Days Ago

Newest Listings in Dade City, FL

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