Is East Milton, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
Since last year, East Milton has remained a Buyer'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
$335,250
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Key Takeaway
Homes in East Milton have sold for 2% less than they did a year ago.
Summary: The median home sold price in East Milton was $335,250 in November 2023, down 2% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $234.5K | N/A |
| 3 Bedrooms | $340K | $288K | -15.3% |
| 4 Bedrooms | $345.8K | $345K | -0.3% |
| 5+ Bedrooms | - | $381.2K | N/A |
Summary: East Milton housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 15.3%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes did not change.
Housing Supply in East Milton, FL
How many homes are available in East Milton, FL?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 35 | 36 | +2.9% |
Summary: The East Milton real estate market had 36 homes for sale in November 2023, a 2.9% increase compared to October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 23 | 23 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The East Milton housing inventory by bedroom type for November 2023 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 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in East Milton, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in East Milton in November 2023, up by 150.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 60% were sold at asking, and 20% 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
| Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|
| 52 Days | 96 Days | +85.8% |
Summary: Homes in East Milton had an average of 96 days on market in Nov 2023, up by 85.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in East Milton are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2023, 5 homes were sold in East Milton; 20% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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