Is Flagler County, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Flagler County is a neutral's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

Flagler County 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 Flagler County, FL

How much do homes in Flagler County, FL cost?

Median Sold Price

$356,897

$201/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$13,987(-3.8%)

Key Takeaway

Homes in Flagler County have sold for 3.8% less than they did a year ago.

Summary: The median home sold price in Flagler County was $356,897 in March 2024, down 3.8% from last year, and the median price per square foot was $201.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $242K$232.4K
-3.9%
2 $290K$279.4K
-3.6%
3 $365K$350.6K
-3.9%
4 $389.8K$377.5K
-3.1%
5+ $512K$505K
-1.4%

Summary: Flagler County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.9%, 2 bedroom homes decreased by 3.6%, 3 bedroom homes decreased by 3.9%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes decreased by 1.4%.

Median Sold Price Compared To Nearby Counties

Volusia County
+3.2%
Saint Johns County
-0.1%
Putnam County
-2.3%
Flagler County
-3.8%

Housing Supply in Flagler County, FL

How many homes are available in Flagler County, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1,9892,195+10.4%

Summary: The Flagler County real estate market had 2,195 homes for sale in March 2024, a 10.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 1927
+42.1%
2 191202
+5.8%
3 1,0631,179
+10.9%
4 618663
+7.3%
5+ 98124
+26.5%

Summary: The Flagler County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 42.1%, 2 bedroom homes increased by 5.8%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes increased by 26.5%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
240338+40.8%

Asking Price vs. Sold Price

231 Homes Were Sold
Under Asking

84 Homes Were Sold
At Asking

23 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Flagler County, you may be able to get a good deal. 68.3% of homes here sold below asking price last month.

Summary: A total of 338 homes were sold or pending in Flagler County in March 2024, up by 40.8% month-over-month. Of the 338 sold homes, 68% were sold under asking, 25% were sold at asking, and 7% were sold over asking.

Days on Market for Flagler County, FL

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

Average Sale Time

Mar 2023Mar 2024CHANGE
62 Days91 Days+46.9%

Summary: Homes in Flagler County had an average of 91 days on market in Mar 2024, up by 46.9% compared to last year.

Breakdown of Home Sale Times

119 Homes Were Sold
Under 30 Days

73 Homes Were Sold
In 30 - 90 Days

146 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Flagler County are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 338 homes were sold in Flagler County; 35% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 43% 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 22 Days Ago

Newest Listings in Flagler County, FL

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