Is Hudson Bayou, 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, Hudson Bayou was a Seller's Market.
Key Takeaway
Hudson Bayou is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Hudson Bayou, FL
How much do homes in Hudson Bayou, FL cost?
Median Sold Price
$1,750,000
$738/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Hudson Bayou have sold for 11.1% more than they did a year ago.
Summary: The median home sold price in Hudson Bayou was $1,750,000 in March 2024, up 11.1% from last year, and the median price per square foot was $738.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $1.0M | $790K | -22.9% |
| 3 Bedrooms | $1.3M | $1.4M | +3.5% |
| 4 Bedrooms | $2.6M | $3.2M | +20.8% |
| 5+ Bedrooms | $2.5M | $3.7M | +46.6% |
Summary: Hudson Bayou housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 22.9%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 20.8%, and 5+ bedroom homes increased by 46.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Hudson Bayou | $1.5M | $1.7M | +11.1% |
| Burns Square | $1.2M | $1.2M | 0.4% |
Housing Supply in Hudson Bayou, FL
How many homes are available in Hudson Bayou, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 22 | 23 | +4.5% |
Summary: The Hudson Bayou real estate market had 23 homes for sale in March 2024, a 4.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 9 | 10 | +11.1% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Hudson Bayou 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hudson Bayou, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Hudson Bayou in March 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Hudson Bayou, FL
How long does it take to sell a home in Hudson Bayou, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 21 Days | 29 Days | +39.7% |
Summary: Homes in Hudson Bayou had an average of 29 days on market in Mar 2024, up by 39.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Hudson Bayou has remained consistent over time.
Summary: During March 2024, 3 homes were sold in Hudson Bayou; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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