Is Dunnellon, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Dunnellon has remained a Seller's Market.
Housing Prices in Dunnellon, FL
How much do homes in Dunnellon, FL cost?
Median Sold Price
$260,666
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Dunnellon was $260,666 in March 2024, down 2% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $177.5K | $125K | -29.6% |
2 Bedrooms | $219K | $235K | +7.3% |
3 Bedrooms | $270K | $260K | -3.7% |
4 Bedrooms | $329.4K | $312.9K | -5.0% |
5+ Bedrooms | $365.5K | $445K | +21.8% |
Summary: Dunnellon housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 29.6%, 2 bedroom homes increased by 7.3%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes increased by 21.8%.
Housing Supply in Dunnellon, FL
How many homes are available in Dunnellon, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
446 | 418 | -6.3% |
Summary: The Dunnellon real estate market had 418 homes for sale in March 2024, a 6.3% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 2 | -33.3% |
2 Bedrooms | 54 | 50 | -7.4% |
3 Bedrooms | 301 | 287 | -4.7% |
4 Bedrooms | 76 | 66 | -13.2% |
5+ Bedrooms | 12 | 13 | +8.3% |
Summary: The Dunnellon housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 7.4%, 3 bedroom homes decreased by 4.7%, 4 bedroom homes decreased by 13.2%, and 5+ bedroom homes increased by 8.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
91 | 70 | -23.1% |
Asking Price vs. Sold Price
34 Homes Were Sold
Under Asking
24 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 70 homes were sold or pending in Dunnellon in March 2024, down by 23.1% month-over-month. Of the 70 sold homes, 49% were sold under asking, 34% were sold at asking, and 17% were sold over asking.
Days on Market for Dunnellon, FL
How long does it take to sell a home in Dunnellon, FL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
46 Days | 62 Days | +34.1% |
Summary: Homes in Dunnellon had an average of 62 days on market in Mar 2024, up by 34.1% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
28 Homes Were Sold
In 30 - 90 Days
15 Homes Were Sold
Over 90 Days
Summary: During March 2024, 70 homes were sold in Dunnellon; 39% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.