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 September 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

$309,791

$230/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$30,822(+11.0%)

Key Takeaway

Homes in Greenacres have sold for 11% more than they did a year ago.

Summary: The median home sold price in Greenacres was $309,791 in September 2024, up 11% from last year, and the median price per square foot was $230.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $139K$145K
+4.3%
2 $224.9K$241K
+7.1%
3 $347K$384.1K
+10.7%
4 $507.5K$550K
+8.4%
5+ $584.5K$622.5K
+6.5%

Summary: Greenacres housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.3%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes increased by 6.5%.

Housing Supply in Greenacres, FL

How many homes are available in Greenacres, FL?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
328325-0.9%

Summary: The Greenacres real estate market had 325 homes for sale in September 2024, a 0.9% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 1716
-5.9%
2 173174
+0.6%
3 105103
-1.9%
4 2222
0.0%
5+ 1110
-9.1%

Summary: The Greenacres housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 5.9%, 2 bedroom homes increased by 0.6%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 9.1%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
5945-23.7%

Asking Price vs. Sold Price

32 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

5 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. 71.1% of homes here sold below asking price last month.

Summary: A total of 45 homes were sold or pending in Greenacres in September 2024, down by 23.7% month-over-month. Of the 45 sold homes, 71% were sold under asking, 18% were sold at asking, and 11% 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

Sep 2023Sep 2024CHANGE
38 Days36 Days-5.1%

Summary: Homes in Greenacres had an average of 36 days on market in Sep 2024, down by 5.1% compared to last year.

Breakdown of Home Sale Times

24 Homes Were Sold
Under 30 Days

17 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 September 2024, 45 homes were sold in Greenacres; 53% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 9% 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 30 Days Ago

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