Is Fellowship, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Fellowship was a Seller's Market.
Key Takeaway
Fellowship is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Fellowship, FL
How much do homes in Fellowship, FL cost?
Median Sold Price
$299,982
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Fellowship have sold for 2.6% more than they did a year ago.
Summary: The median home sold price in Fellowship was $299,982 in April 2024, up 2.6% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $485K | $196.5K | -59.5% |
| 2 Bedrooms | $241.6K | $227K | -6.1% |
| 3 Bedrooms | $319.9K | $305.5K | -4.5% |
| 4 Bedrooms | $369.9K | $329.9K | -10.8% |
| 5+ Bedrooms | $382.1K | $348.8K | -8.7% |
Summary: Fellowship housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 59.5%, 2 bedroom homes decreased by 6.1%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes decreased by 10.8%, and 5+ bedroom homes decreased by 8.7%.
Median Sold Price Compared To Nearby Cities
| Fellowship | $292.3K | $299.9K | +2.6% |
| Ocala | $274.9K | $279.8K | +1.8% |
| Reddick-McIntosh | $309.9K | $301.5K | -2.7% |
| Williston-Bronson | $257K | $239.9K | -6.6% |
| Morriston | $402K | $240.5K | -40.2% |
Housing Supply in Fellowship, FL
How many homes are available in Fellowship, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 813 | 762 | -6.3% |
Summary: The Fellowship real estate market had 762 homes for sale in April 2024, a 6.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 313 | 305 | -2.6% |
| 3 Bedrooms | 377 | 359 | -4.8% |
| 4 Bedrooms | 96 | 84 | -12.5% |
| 5+ Bedrooms | 27 | 14 | -48.1% |
Summary: The Fellowship 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 decreased by 2.6%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 48.1%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 156 | 119 | -23.7% |
Asking Price vs. Sold Price
64 Homes Were Sold
Under Asking
45 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fellowship, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.
Summary: A total of 119 homes were sold or pending in Fellowship in April 2024, down by 23.7% month-over-month. Of the 119 sold homes, 54% were sold under asking, 38% were sold at asking, and 8% were sold over asking.
Days on Market for Fellowship, FL
How long does it take to sell a home in Fellowship, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 63 Days | 68 Days | +7.9% |
Summary: Homes in Fellowship had an average of 68 days on market in Apr 2024, up by 7.9% compared to last year.
Breakdown of Home Sale Times
45 Homes Were Sold
Under 30 Days
33 Homes Were Sold
In 30 - 90 Days
41 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fellowship are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 119 homes were sold in Fellowship; 38% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 34% of homes were sold over 90 days.
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