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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greenacres is a neutral's market

Buyer's
Market

Difference Since October 2021

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

Key Takeaway

Greenacres is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in Greenacres, FL cost?

Median Sold Price

$269,600

$204/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$55,850(+26.1%)

Key Takeaway

Homes in Greenacres have sold for 26.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $94K$115K
+22.3%
2 $162.7K$207.5K
+27.5%
3 $266.6K$340K
+27.5%
4 $388.7K$470K
+20.9%
5+ $470K$635K
+35.1%

Median Sold Price Compared To Nearby Cities

Atlantis
+65.3%
Greenacres
+26.1%

How many homes are available in Greenacres, FL?

Number of Homes For Sale

Sep 2022Oct 2022%
204186-8.8%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 68
+33.3%
2 10392
-10.7%
3 7464
-13.5%
4 911
+22.2%
5+ 1211
-8.3%

Number of Homes Sold

Sep 2022Oct 2022%
6030-50.0%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greenacres, you may be able to get a good deal. 43.3% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
26 Days34 Days+30.4%

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Greenacres, FL

Number of homes for sale in Greenacres, FL real estate market have reached 186. Between September 2022 and October 2022, Greenacres, FL real estate market has seen decrease in the number of listings by 8.8%. While the average time on the market in October 2022 was 34 days, the median list price was $269,600. Listing prices have changed in this real estate market between September 2022 and October 2022: prices of 1 bedroom properties went up by 22.3%, the cost of 2 bedrooms properties went up by 27.5%, the cost of 3 bedrooms properties went up by 27.5%, prices of 4 bedrooms properties increased by 20.9%, the cost of 5 bedrooms properties went up by 35.1%. Housing inventory have changed in this real estate market: number of 1 bedroom homes increased by 33.3%, volume of 2 bedrooms homes went down by 10.7%, 3 bedrooms homes became 13.5% less available, 4 bedrooms homes inventory increased by 22.2%, number of 5 bedrooms homes decreased by 8.3%. While more than 7 listings in Greenacres, FL in October 2022 were sold above asking price, there were more than 10 listings sold at asking price, and more than 13 were sold below.

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