Is Ellenton, FL a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Ellenton is a buyer's market


Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Ellenton, FL

How much do homes in Ellenton, FL cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since March 2023


Key Takeaway

Homes in Ellenton have sold for 12% less than they did a year ago.

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

# BEDSMar 2023Mar 2024CHANGE
1 --
2 $189.9K$185K
3 $422.5K$410.6K
4 $465K$461.8K
5+ $637.5K$575K

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

Myakka City

Housing Supply in Ellenton, FL

How many homes are available in Ellenton, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE

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

# BEDSFeb 2024Mar 2024CHANGE
1 44
2 5160
3 4242
4 1213
5+ 77

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 2024Mar 2024CHANGE

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ellenton, you may be able to get a good deal. 70.6% of homes here sold below asking price last month.

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 2023Mar 2024CHANGE
52 Days60 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Ellenton are selling fast, if you're buying plan to act quickly.

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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 24 Days Ago

Newest Listings in Ellenton, FL

Nearby Markets to Ellenton, FL

What housing markets are near Ellenton, FL?