Is Holmes 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, Holmes County was a Seller's Market.
Key Takeaway
Holmes County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Holmes County, FL
How much do homes in Holmes County, FL cost?
Median Sold Price
$199,450
$130/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Holmes County have sold for 8.8% more than they did a year ago.
Summary: The median home sold price in Holmes County was $199,450 in March 2024, up 8.8% from last year, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $50K | $265K | +430.0% |
| 2 Bedrooms | $155K | $176.4K | +13.8% |
| 3 Bedrooms | $185K | $199K | +7.6% |
| 4 Bedrooms | $310K | $221K | -28.7% |
| 5+ Bedrooms | $380K | $600K | +57.9% |
Summary: Holmes County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 430%, 2 bedroom homes increased by 13.8%, 3 bedroom homes increased by 7.6%, 4 bedroom homes decreased by 28.7%, and 5+ bedroom homes increased by 57.9%.
Median Sold Price Compared To Nearby Counties
| Jackson County | $195K | $215K | +10.3% |
| Washington County | $224.2K | $245K | +9.3% |
| Holmes County | $183.4K | $199.4K | +8.8% |
| Walton County | $634.2K | $611.4K | -3.6% |
Housing Supply in Holmes County, FL
How many homes are available in Holmes County, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 54 | 57 | +5.6% |
Summary: The Holmes County real estate market had 57 homes for sale in March 2024, a 5.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 40 | 39 | -2.5% |
| 4 Bedrooms | 9 | 11 | +22.2% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Holmes County 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 33.3%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 7 | +16.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Holmes County, expect to pay close to the asking price. 57.1% of homes here sold near the asking price last month.
Summary: A total of 7 homes were sold or pending in Holmes County in March 2024, up by 16.7% month-over-month. Of the 7 sold homes, 29% were sold under asking, 57% were sold at asking, and 14% were sold over asking.
Days on Market for Holmes County, FL
How long does it take to sell a home in Holmes County, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 91 Days | 51 Days | -43.7% |
Summary: Homes in Holmes County had an average of 51 days on market in Mar 2024, down by 43.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Holmes County are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 7 homes were sold in Holmes County; 57% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
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