Is Dundee, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dundee is a neutral's market

Buyer's
Market

Difference Since January 2023

At the same time last year, Dundee was a Buyer's Market.

Key Takeaway

Dundee 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 Dundee, FL

How much do homes in Dundee, FL cost?

Median Sold Price

$295,000

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2023

-$8,739(-2.9%)

Key Takeaway

Homes in Dundee have sold for 2.9% less than they did a year ago.

Summary: The median home sold price in Dundee was $295,000 in January 2024, down 2.9% from last year, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSJan 2023Jan 2024CHANGE
1 -$142K
N/A
2 $210K$205K
-2.4%
3 $294K$275K
-6.5%
4 $327.5K$321.3K
-1.9%
5+ $325K$325K
0.0%

Summary: Dundee housing prices by bedroom type for January 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.4%, 3 bedroom homes decreased by 6.5%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Winter Haven
-2.8%
Dundee
-2.9%

Housing Supply in Dundee, FL

How many homes are available in Dundee, FL?

Number of Homes For Sale

Dec 2023Jan 2024CHANGE
3938-2.6%

Summary: The Dundee real estate market had 38 homes for sale in January 2024, a 2.6% decrease compared to December 2023.

Homes For Sale By Bedroom Count

# BEDSDec 2023Jan 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1620
+25.0%
4 1613
-18.8%
5+ 53
-40.0%

Summary: The Dundee housing inventory by bedroom type for January 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 18.8%, and 5+ bedroom homes decreased by 40%.

Number of Homes Sold

Dec 2023Jan 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dundee, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Dundee in January 2024, up by 20.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.

Days on Market for Dundee, FL

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

Average Sale Time

Jan 2023Jan 2024CHANGE
87 Days63 Days-27.6%

Summary: Homes in Dundee had an average of 63 days on market in Jan 2024, down by 27.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Dundee has remained consistent over time.

Summary: During January 2024, 6 homes were sold in Dundee; 0% of homes were sold within 30 days, 83% 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 23 Days Ago

Newest Listings in Dundee, FL

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