Is Heathrow, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Heathrow has remained a Seller's Market.
Key Takeaway
Heathrow is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Heathrow, FL
How much do homes in Heathrow, FL cost?
Median Sold Price
$639,450
$274/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Heathrow have sold for 4.8% more than they did a year ago.
Summary: The median home sold price in Heathrow was $639,450 in April 2024, up 4.8% from last year, and the median price per square foot was $274.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $217.5K | $245K | +12.6% |
| 2 Bedrooms | $320K | $335K | +4.7% |
| 3 Bedrooms | $530.7K | $565K | +6.5% |
| 4 Bedrooms | $728K | $855K | +17.4% |
| 5+ Bedrooms | $1.0M | $1.0M | +1.8% |
Summary: Heathrow housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.6%, 2 bedroom homes increased by 4.7%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 17.4%, and 5+ bedroom homes increased by 1.8%.
Housing Supply in Heathrow, FL
How many homes are available in Heathrow, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 29 | 36 | +24.1% |
Summary: The Heathrow real estate market had 36 homes for sale in April 2024, a 24.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 5 | 11 | +120.0% |
| 4 Bedrooms | 14 | 15 | +7.1% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Heathrow housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 120%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 8 | +60.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Heathrow, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Heathrow in April 2024, up by 60.0% month-over-month. Of the 8 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.
Days on Market for Heathrow, FL
How long does it take to sell a home in Heathrow, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 48 Days | 38 Days | -21.6% |
Summary: Homes in Heathrow had an average of 38 days on market in Apr 2024, down by 21.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Heathrow are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 8 homes were sold in Heathrow; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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