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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greenacres is a buyer's market

Buyer's
Market

Difference Since January 2023

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

Key Takeaway

Greenacres is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Greenacres, FL

How much do homes in Greenacres, FL cost?

Median Sold Price

$279,963

$222/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2023

+$296(+0.1%)

Key Takeaway

The sold price of homes in Greenacres has remained the same since last year.

Summary: The median home sold price in Greenacres was $279,963 in January 2024, up 0.1% from last year, and the median price per square foot was $222.

Median Sold Price By Bedroom Count

# BEDSJan 2023Jan 2024CHANGE
1 $126.5K$139.5K
+10.3%
2 $220K$224.9K
+2.2%
3 $344.4K$353.5K
+2.6%
4 $475K$530K
+11.6%
5+ $631.5K$570K
-9.7%

Summary: Greenacres housing prices by bedroom type for January 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.3%, 2 bedroom homes increased by 2.2%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 11.6%, and 5+ bedroom homes decreased by 9.7%.

Housing Supply in Greenacres, FL

How many homes are available in Greenacres, FL?

Number of Homes For Sale

Dec 2023Jan 2024CHANGE
222262+18.0%

Summary: The Greenacres real estate market had 262 homes for sale in January 2024, a 18.0% increase compared to December 2023.

Homes For Sale By Bedroom Count

# BEDSDec 2023Jan 2024CHANGE
1 76
-14.3%
2 110147
+33.6%
3 8687
+1.2%
4 1314
+7.7%
5+ 68
+33.3%

Summary: The Greenacres housing inventory by bedroom type for January 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes increased by 33.6%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Dec 2023Jan 2024CHANGE
3928-28.2%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

4 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. 67.9% of homes here sold below asking price last month.

Summary: A total of 28 homes were sold or pending in Greenacres in January 2024, down by 28.2% month-over-month. Of the 28 sold homes, 68% were sold under asking, 18% were sold at asking, and 14% were sold over asking.

Days on Market for Greenacres, FL

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

Average Sale Time

Jan 2023Jan 2024CHANGE
43 Days42 Days-3.4%

Summary: Homes in Greenacres had an average of 42 days on market in Jan 2024, down by 3.4% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

4 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.

Summary: During January 2024, 28 homes were sold in Greenacres; 50% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 14% 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 23 Days Ago

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