Is Gilchrist County, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Gilchrist County has remained a Seller's Market.
Key Takeaway
Gilchrist County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Gilchrist County, FL
How much do homes in Gilchrist County, FL cost?
Median Sold Price
$250,000
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Gilchrist County have sold for 4.9% less than they did a year ago.
Summary: The median home sold price in Gilchrist County was $250,000 in March 2024, down 4.9% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $188.5K | N/A |
| 2 Bedrooms | $165K | $193K | +17.0% |
| 3 Bedrooms | $263.9K | $259.9K | -1.5% |
| 4 Bedrooms | $350K | $344.4K | -1.6% |
| 5+ Bedrooms | $462.5K | - | N/A |
Summary: Gilchrist County 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 increased by 17%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
| Alachua County | $310K | $319.6K | +3.1% |
| Gilchrist County | $263K | $250K | -4.9% |
| Levy County | $261.5K | $240.2K | -8.1% |
Housing Supply in Gilchrist County, FL
How many homes are available in Gilchrist County, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 69 | 71 | +2.9% |
Summary: The Gilchrist County real estate market had 71 homes for sale in March 2024, a 2.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 16 | 16 | 0.0% |
| 3 Bedrooms | 31 | 35 | +12.9% |
| 4 Bedrooms | 19 | 17 | -10.5% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Gilchrist County 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 remained the same, 3 bedroom homes increased by 12.9%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 17 | +325.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Gilchrist County, you may be able to get a good deal. 41.2% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Gilchrist County in March 2024, up by 325.0% month-over-month. Of the 17 sold homes, 41% were sold under asking, 41% were sold at asking, and 18% were sold over asking.
Days on Market for Gilchrist County, FL
How long does it take to sell a home in Gilchrist County, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 60 Days | 58 Days | -2.9% |
Summary: Homes in Gilchrist County had an average of 58 days on market in Mar 2024, down by 2.9% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Gilchrist County has remained consistent over time.
Summary: During March 2024, 17 homes were sold in Gilchrist County; 35% of homes were sold within 30 days, 53% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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