Is East Palatka, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, East Palatka was a Seller's Market.
Housing Prices in East Palatka, FL
How much do homes in East Palatka, FL cost?
Median Sold Price
$259,000
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in East Palatka was $259,000 in February 2024, up 12.1% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $170K | $100K | -41.2% |
2 Bedrooms | $180.5K | $175K | -3.0% |
3 Bedrooms | $248.5K | $290K | +16.7% |
4 Bedrooms | $228K | $507.5K | +122.6% |
5+ Bedrooms | $750K | $832.6K | +11.0% |
Summary: East Palatka housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 41.2%, 2 bedroom homes decreased by 3%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 122.6%, and 5+ bedroom homes increased by 11%.
Median Sold Price Compared To Nearby Cities
San Mateo | $225K | $300K | +33.3% |
East Palatka | $231K | $259K | +12.1% |
Hastings | $296K | $308K | +4.1% |
Palatka | $209.9K | $216.3K | +3.0% |
Housing Supply in East Palatka, FL
How many homes are available in East Palatka, FL?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
28 | 34 | +21.4% |
Summary: The East Palatka real estate market had 34 homes for sale in February 2024, a 21.4% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 19 | 24 | +26.3% |
4 Bedrooms | 6 | 6 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The East Palatka housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 26.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in East Palatka in February 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for East Palatka, FL
How long does it take to sell a home in East Palatka, FL?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
18 Days | 41 Days | +127.0% |
Summary: Homes in East Palatka had an average of 41 days on market in Feb 2024, up by 127% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 2 homes were sold in East Palatka; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.