Is Grove City-Rotonda, FL a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Grove City-Rotonda is a buyer's market


Difference Since April 2023

At the same time last year, Grove City-Rotonda was a Seller's Market.

Key Takeaway

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

Housing Prices in Grove City-Rotonda, FL

How much do homes in Grove City-Rotonda, FL cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since April 2023


Key Takeaway

Homes in Grove City-Rotonda have sold for 5.7% less than they did a year ago.

Summary: The median home sold price in Grove City-Rotonda was $386,572 in April 2024, down 5.7% from last year, and the median price per square foot was $236.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $247K$175K
2 $299.6K$279.7K
3 $447.9K$422.3K
4 $455K$419.2K
5+ $649K$560K

Summary: Grove City-Rotonda housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 29.1%, 2 bedroom homes decreased by 6.6%, 3 bedroom homes decreased by 5.7%, 4 bedroom homes decreased by 7.9%, and 5+ bedroom homes decreased by 13.7%.

Median Sold Price Compared To Nearby Cities

Grove City-Rotonda
Rotonda West
Boca Grande

Housing Supply in Grove City-Rotonda, FL

How many homes are available in Grove City-Rotonda, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE

Summary: The Grove City-Rotonda real estate market had 1,479 homes for sale in April 2024, a 4.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 3634
2 378396
3 777808
4 191209
5+ 3632

Summary: The Grove City-Rotonda housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 5.6%, 2 bedroom homes increased by 4.8%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes decreased by 11.1%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE

Asking Price vs. Sold Price

127 Homes Were Sold
Under Asking

27 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Grove City-Rotonda, you may be able to get a good deal. 78.4% of homes here sold below asking price last month.

Summary: A total of 162 homes were sold or pending in Grove City-Rotonda in April 2024, up by 12.5% month-over-month. Of the 162 sold homes, 78% were sold under asking, 17% were sold at asking, and 5% were sold over asking.

Days on Market for Grove City-Rotonda, FL

How long does it take to sell a home in Grove City-Rotonda, FL?

Average Sale Time

Apr 2023Apr 2024CHANGE
31 Days70 Days+126.9%

Summary: Homes in Grove City-Rotonda had an average of 70 days on market in Apr 2024, up by 126.9% compared to last year.

Breakdown of Home Sale Times

69 Homes Were Sold
Under 30 Days

40 Homes Were Sold
In 30 - 90 Days

53 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Grove City-Rotonda are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 162 homes were sold in Grove City-Rotonda; 43% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 33% 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 25 Days Ago

Newest Listings in Grove City-Rotonda, FL

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What housing markets are near Grove City-Rotonda, FL?