Is Ellenton, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Ellenton was a Seller's Market.
Housing Prices in Ellenton, FL
How much do homes in Ellenton, FL cost?
Median Sold Price
$369,750
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Ellenton was $369,750 in March 2024, down 12% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $189.9K | $185K | -2.6% |
3 Bedrooms | $422.5K | $410.6K | -2.8% |
4 Bedrooms | $465K | $461.8K | -0.7% |
5+ Bedrooms | $637.5K | $575K | -9.8% |
Summary: Ellenton 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 2.6%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes decreased by 9.8%.
Median Sold Price Compared To Nearby Cities
Bradenton | $430.1K | $450.3K | +4.7% |
Myakka City | $625K | $625.6K | 0.1% |
Palmetto | $400.7K | $397.4K | -0.8% |
Parrish | $467.5K | $454.9K | -2.7% |
Ellenton | $420K | $369.7K | -12.0% |
Housing Supply in Ellenton, FL
How many homes are available in Ellenton, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
116 | 126 | +8.6% |
Summary: The Ellenton real estate market had 126 homes for sale in March 2024, a 8.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 51 | 60 | +17.6% |
3 Bedrooms | 42 | 42 | 0.0% |
4 Bedrooms | 12 | 13 | +8.3% |
5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Ellenton 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 increased by 17.6%, 3 bedroom homes remained the same, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
14 | 17 | +21.4% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Ellenton in March 2024, up by 21.4% month-over-month. Of the 17 sold homes, 71% were sold under asking, 24% were sold at asking, and 6% were sold over asking.
Days on Market for Ellenton, FL
How long does it take to sell a home in Ellenton, FL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
52 Days | 60 Days | +17.0% |
Summary: Homes in Ellenton had an average of 60 days on market in Mar 2024, up by 17% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 17 homes were sold in Ellenton; 47% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.