Is Immokalee, 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, Immokalee was a Neutral Market.
Housing Prices in Immokalee, FL
How much do homes in Immokalee, FL cost?
Median Sold Price
$560,036
$314/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Immokalee was $560,036 in March 2024, up 13.1% from last year, and the median price per square foot was $314.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $220K | $533K | +142.3% |
2 Bedrooms | $469.9K | $469K | -0.2% |
3 Bedrooms | $485K | $552K | +13.8% |
4 Bedrooms | $579K | $663K | +14.5% |
5+ Bedrooms | $400K | $835K | +108.7% |
Summary: Immokalee housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 142.3%, 2 bedroom homes decreased by 0.2%, 3 bedroom homes increased by 13.8%, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes increased by 108.7%.
Median Sold Price Compared To Nearby Cities
Bonita Springs | $541.2K | $617.6K | +14.1% |
Immokalee | $494.9K | $560K | +13.1% |
Estero | $475K | $537.3K | +13.1% |
Housing Supply in Immokalee, FL
How many homes are available in Immokalee, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
875 | 950 | +8.6% |
Summary: The Immokalee real estate market had 950 homes for sale in March 2024, a 8.6% 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 | 198 | 208 | +5.1% |
3 Bedrooms | 437 | 484 | +10.8% |
4 Bedrooms | 167 | 181 | +8.4% |
5+ Bedrooms | 72 | 76 | +5.6% |
Summary: The Immokalee 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 5.1%, 3 bedroom homes increased by 10.8%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes increased by 5.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
104 | 127 | +22.1% |
Asking Price vs. Sold Price
82 Homes Were Sold
Under Asking
29 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Summary: A total of 127 homes were sold or pending in Immokalee in March 2024, up by 22.1% month-over-month. Of the 127 sold homes, 65% were sold under asking, 23% were sold at asking, and 13% were sold over asking.
Days on Market for Immokalee, FL
How long does it take to sell a home in Immokalee, FL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
68 Days | 55 Days | -18.8% |
Summary: Homes in Immokalee had an average of 55 days on market in Mar 2024, down by 18.8% compared to last year.
Breakdown of Home Sale Times
56 Homes Were Sold
Under 30 Days
39 Homes Were Sold
In 30 - 90 Days
32 Homes Were Sold
Over 90 Days
Summary: During March 2024, 127 homes were sold in Immokalee; 44% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.