Is Heritage Isles, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Heritage Isles is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Heritage Isles was a Seller's Market.

Key Takeaway

Heritage Isles is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Heritage Isles, FL

How much do homes in Heritage Isles, FL cost?

Median Sold Price

$414,950

$203/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$50(0%)

Key Takeaway

The sold price of homes in Heritage Isles has remained the same since last year.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $277.4K$316.2K
+14.0%
3 $360.5K$350K
-2.9%
4 $480K$419.9K
-12.5%
5+ $589.5K$600K
+1.8%

Summary: Heritage Isles housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 1.8%.

Median Sold Price Compared To Nearby Neighborhoods

K Bar Ranch
+12.1%
New Tampa
+7.4%
Heritage Isles
0%
Easton Park
-10.7%

Housing Supply in Heritage Isles, FL

How many homes are available in Heritage Isles, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
20200.0%

Summary: The Heritage Isles real estate market had 20 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 910
+11.1%
4 88
0.0%
5+ 21
-50.0%

Summary: The Heritage Isles 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 remained the same, 3 bedroom homes increased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Heritage Isles, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Heritage Isles in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Heritage Isles, FL

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

Average Sale Time

Apr 2023Apr 2024CHANGE
41 Days76 Days+83.1%

Summary: Homes in Heritage Isles had an average of 76 days on market in Apr 2024, up by 83.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Heritage Isles are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 3 homes were sold in Heritage Isles; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% 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 1 Day Ago

Newest Listings in Heritage Isles, FL

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