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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hawthorne is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Hawthorne has remained a Seller's Market.

Key Takeaway

Hawthorne is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Hawthorne, FL

How much do homes in Hawthorne, FL cost?

Median Sold Price

$229,000

$158/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$6,500(-2.8%)

Key Takeaway

Homes in Hawthorne have sold for 2.8% less than they did a year ago.

Summary: The median home sold price in Hawthorne was $229,000 in March 2024, down 2.8% from last year, and the median price per square foot was $158.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $270K$231K
-14.4%
2 $204.7K$171.5K
-16.2%
3 $229.7K$220K
-4.2%
4 $439.5K$339K
-22.9%
5+ $862.5K$392.2K
-54.5%

Summary: Hawthorne housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.4%, 2 bedroom homes decreased by 16.2%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes decreased by 22.9%, and 5+ bedroom homes decreased by 54.5%.

Housing Supply in Hawthorne, FL

How many homes are available in Hawthorne, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
8582-3.5%

Summary: The Hawthorne real estate market had 82 homes for sale in March 2024, a 3.5% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 913
+44.4%
3 5045
-10.0%
4 2523
-8.0%
5+ 00
0.0%

Summary: The Hawthorne housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 44.4%, 3 bedroom homes decreased by 10%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1122+100.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hawthorne, you may be able to get a good deal. 36.4% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in Hawthorne in March 2024, up by 100.0% month-over-month. Of the 22 sold homes, 36% were sold under asking, 32% were sold at asking, and 32% were sold over asking.

Days on Market for Hawthorne, FL

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

Average Sale Time

Mar 2023Mar 2024CHANGE
39 Days60 Days+50.6%

Summary: Homes in Hawthorne had an average of 60 days on market in Mar 2024, up by 50.6% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 22 homes were sold in Hawthorne; 45% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 32% 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

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