Is Herlong, 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, Herlong has remained a Seller's Market.
Key Takeaway
Herlong is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Herlong, FL
How much do homes in Herlong, FL cost?
Median Sold Price
$279,900
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Herlong have sold for 3.7% more than they did a year ago.
Summary: The median home sold price in Herlong was $279,900 in April 2024, up 3.7% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $175K | $223K | +27.4% |
| 3 Bedrooms | $262K | $276K | +5.3% |
| 4 Bedrooms | $295K | $300K | +1.7% |
| 5+ Bedrooms | - | $275K | N/A |
Summary: Herlong 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 27.4%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Springtree Village | $256.6K | $276K | +7.5% |
| Herlong | $270K | $279.9K | +3.7% |
Housing Supply in Herlong, FL
How many homes are available in Herlong, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 23 | 26 | +13.0% |
Summary: The Herlong real estate market had 26 homes for sale in April 2024, a 13.0% 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 | 0 | 1 | +100.0% |
| 3 Bedrooms | 18 | 16 | -11.1% |
| 4 Bedrooms | 4 | 9 | +125.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Herlong 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 increased by 100%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes increased by 125%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Asking Price vs. Sold Price
3 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 Herlong, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Herlong in April 2024, up by 50.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for Herlong, FL
How long does it take to sell a home in Herlong, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 98 Days | 32 Days | -67.2% |
Summary: Homes in Herlong had an average of 32 days on market in Apr 2024, down by 67.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Herlong are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 6 homes were sold in Herlong; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
