$3,146 Closing Credit*
$264,900
1,438 SqFt
3 Beds
•2 Full Baths
Matt Buttner, Listing Office: LIST NOW REALTY, LLC
Is Dunnellon, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
At the same time last year, Dunnellon was a Seller's Market.
Key Takeaway
Dunnellon 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 Dunnellon, FL
How much do homes in Dunnellon, FL cost?
Median Sold Price
$262,650
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
-$2,127(-0.8%)
Key Takeaway
Homes in Dunnellon have sold for 0.8% less than they did a year ago.
Summary: The median home sold price in Dunnellon was $262,650 in August 2024, down 0.8% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $180K | $196.5K | +9.2% |
| 2 Bedrooms | $227K | $225K | -0.9% |
| 3 Bedrooms | $265K | $258.5K | -2.5% |
| 4 Bedrooms | $327.5K | $322.9K | -1.4% |
| 5+ Bedrooms | $357.7K | $674.9K | +88.7% |
Summary: Dunnellon housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.2%, 2 bedroom homes decreased by 0.9%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes increased by 88.7%.
Housing Supply in Dunnellon, FL
How many homes are available in Dunnellon, FL?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 434 | 457 | +5.3% |
Summary: The Dunnellon real estate market had 457 homes for sale in August 2024, a 5.3% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 2 | +100.0% |
| 2 Bedrooms | 55 | 59 | +7.3% |
| 3 Bedrooms | 296 | 309 | +4.4% |
| 4 Bedrooms | 76 | 80 | +5.3% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Dunnellon housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 67 | 76 | +13.4% |
Asking Price vs. Sold Price
31 Homes Were Sold
Under Asking
32 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dunnellon, expect to pay close to the asking price. 42.1% of homes here sold near the asking price last month.
Summary: A total of 76 homes were sold or pending in Dunnellon in August 2024, up by 13.4% month-over-month. Of the 76 sold homes, 41% were sold under asking, 42% 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
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 51 Days | 63 Days | +24.6% |
Summary: Homes in Dunnellon had an average of 63 days on market in Aug 2024, up by 24.6% compared to last year.
Breakdown of Home Sale Times
34 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
20 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Dunnellon are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 76 homes were sold in Dunnellon; 45% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.
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