Is East Milton, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Milton is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, East Milton was a Seller's Market.

Key Takeaway

East Milton is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in East Milton, FL

How much do homes in East Milton, FL cost?

Median Sold Price

$324,667

$169/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$20,413(-5.9%)

Key Takeaway

Homes in East Milton have sold for 5.9% less than they did a year ago.

Summary: The median home sold price in East Milton was $324,667 in March 2024, down 5.9% from last year, and the median price per square foot was $169.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $300K$169K
-43.7%
3 $332.3K$309.9K
-6.8%
4 $389.9K$320.9K
-17.7%
5+ -$381K
N/A

Summary: East Milton 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 decreased by 43.7%, 3 bedroom homes decreased by 6.8%, 4 bedroom homes decreased by 17.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Milton
-4.4%
East Milton
-5.9%

Housing Supply in East Milton, FL

How many homes are available in East Milton, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3033+10.0%

Summary: The East Milton real estate market had 33 homes for sale in March 2024, a 10.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 98
-11.1%
4 1918
-5.3%
5+ 27
+250.0%

Summary: The East Milton 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 remained the same, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes increased by 250%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
62-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Milton, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in East Milton in March 2024, down by 66.7% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for East Milton, FL

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

Average Sale Time

Mar 2023Mar 2024CHANGE
48 Days98 Days+105.2%

Summary: Homes in East Milton had an average of 98 days on market in Mar 2024, up by 105.2% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was 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 East Milton has remained consistent over time.

Summary: During March 2024, 2 homes were sold in East Milton; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 25 Days Ago

Newest Listings in East Milton, FL

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What housing markets are near East Milton, FL?