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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Estancia is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Estancia was a Neutral Market.

Key Takeaway

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

Housing Prices in Estancia, FL

How much do homes in Estancia, FL cost?

Median Sold Price

$225,000

$244/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$13,500(+6.4%)

Key Takeaway

Homes in Estancia have sold for 6.4% more than they did a year ago.

Summary: The median home sold price in Estancia was $225,000 in April 2024, up 6.4% from last year, and the median price per square foot was $244.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $171.7K$169K
-1.6%
2 $214K$230K
+7.5%
3 $375.4K$355K
-5.4%
4 --
N/A
5+ --
N/A

Summary: Estancia housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.6%, 2 bedroom homes increased by 7.5%, 3 bedroom homes decreased by 5.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Estancia
+6.4%
Brookfield
+0.9%

Housing Supply in Estancia, FL

How many homes are available in Estancia, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2126+23.8%

Summary: The Estancia real estate market had 26 homes for sale in April 2024, a 23.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 1822
+22.2%
3 34
+33.3%
4 00
0.0%
5+ 00
0.0%

Summary: The Estancia housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
03+100.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Estancia, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Estancia in April 2024, up by 100.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Estancia, FL

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

Average Sale Time

Apr 2023Apr 2024CHANGE
4 Days50 Days+1150.0%

Summary: Homes in Estancia had an average of 50 days on market in Apr 2024, up by 1150% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 3 homes were sold in Estancia; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 4 Days Ago

Newest Listings in Estancia, FL

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