Is Hendry County, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Hendry County was a Seller's Market.
Housing Prices in Hendry County, FL
How much do homes in Hendry County, FL cost?
Median Sold Price
$310,000
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Hendry County was $310,000 in March 2024, up 7.5% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $206K | $148K | -28.2% |
2 Bedrooms | $219.9K | $234.6K | +6.7% |
3 Bedrooms | $309.9K | $312.3K | +0.8% |
4 Bedrooms | $315K | $329.8K | +4.7% |
5+ Bedrooms | $362K | $340K | -6.1% |
Summary: Hendry County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 28.2%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 0.8%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes decreased by 6.1%.
Median Sold Price Compared To Nearby Counties
Collier County | $532.6K | $645.8K | +21.3% |
Hendry County | $288.4K | $310K | +7.5% |
Palm Beach County | $444.6K | $476.9K | +7.3% |
Okeechobee County | $260.7K | $250K | -4.1% |
Housing Supply in Hendry County, FL
How many homes are available in Hendry County, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
262 | 295 | +12.6% |
Summary: The Hendry County real estate market had 295 homes for sale in March 2024, a 12.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 4 | -20.0% |
2 Bedrooms | 29 | 30 | +3.4% |
3 Bedrooms | 132 | 149 | +12.9% |
4 Bedrooms | 81 | 95 | +17.3% |
5+ Bedrooms | 15 | 17 | +13.3% |
Summary: The Hendry County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 3.4%, 3 bedroom homes increased by 12.9%, 4 bedroom homes increased by 17.3%, and 5+ bedroom homes increased by 13.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
15 | 43 | +186.7% |
Asking Price vs. Sold Price
30 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 43 homes were sold or pending in Hendry County in March 2024, up by 186.7% month-over-month. Of the 43 sold homes, 70% were sold under asking, 23% were sold at asking, and 7% were sold over asking.
Days on Market for Hendry County, FL
How long does it take to sell a home in Hendry County, FL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
87 Days | 79 Days | -9.7% |
Summary: Homes in Hendry County had an average of 79 days on market in Mar 2024, down by 9.7% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
19 Homes Were Sold
Over 90 Days
Summary: During March 2024, 43 homes were sold in Hendry County; 40% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 44% of homes were sold over 90 days.