How much do homes in Grand Island, FL cost?

Median List Price

$240,704

Based on all homes listed in the last 12 months.

Difference Since May 2020

+$15,704(+7.0%)

Key Takeaway

The list price of homes in Grand Island has increased by 7% since last year.

Housing Market Conditions

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Key Takeaway

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Median List Price By Bedroom Count

# BEDSMay 2020May 2021%
1 --N/A
2 $187.4K$196K+4.6%
3 $209.9K$236.9K+12.9%
4 $253.8K$289K+13.9%
5+ $353.9K$1.0M+210.8%

Median List Price Compared To Nearby Cities

Umatilla
+17.5%
Eustis
+11.6%
Leesburg East
+9.2%
Grand Island
+7.0%

How many homes are available in Grand Island, FL?

Number of Homes For Sale

Apr 2021May 2021%
2317-26.1%

Homes For Sale By Bedroom Count

# BEDSApr 2021May 2021%
1 000.0%
2 10-100.0%
3 2012-40.0%
4 13+200.0%
5+ 12+100.0%

Asking Price vs. Sold Price

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Average Listing Age

May 2020May 2021%
107 Days37 Days-65.1%

Breakdown of Home Sale Times

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About Grand Island, FL

There are 17 homes are for sale in Grand Island, FL real estate market.

While the average time on the market in May 2021 was 37 days, the median list price was $240,704.

This housing market listing prices have changed between April 2021 and May 2021: prices of 1 bedroom properties went up by 0%, 2 bedrooms properties prices increased by 4.6%, 3 bedrooms properties became 12.9% more expensive, 4 bedrooms properties prices increased by 13.9%, prices of 5 bedrooms properties increased by 210.8%.

Between April 2021 and May 2021, Grand Island, FL real estate market has seen decrease in the number of listings by 26.1%.

Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes inventory did not change, 2 bedrooms homes became 100% less available, volume of 3 bedrooms homes went dowm by 40%, 4 bedrooms homes became 200% more available, the quantity of 5 bedrooms homes went up by 100%.

Over 4 listings were sold over their listed price in May 2021 in Grand Island, FL. In the same period over 1 listings were sold below the listed price and 4 listings were sold for the listed price.

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