Is Immokalee, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Immokalee is a neutral's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

Immokalee 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 Immokalee, FL

How much do homes in Immokalee, FL cost?

Median Sold Price

$562,240

$318/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$37,240(+7.1%)

Key Takeaway

Homes in Immokalee have sold for 7.1% more than they did a year ago.

Summary: The median home sold price in Immokalee was $562,240 in May 2024, up 7.1% from last year, and the median price per square foot was $318.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $220K$533K
+142.3%
2 $475K$458.8K
-3.4%
3 $510K$560K
+9.8%
4 $623K$685K
+10.0%
5+ $800K$810K
+1.3%

Summary: Immokalee housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 142.3%, 2 bedroom homes decreased by 3.4%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 1.3%.

Median Sold Price Compared To Nearby Cities

Bonita Springs
+9.4%
Immokalee
+7.1%
Estero
+5.8%

Housing Supply in Immokalee, FL

How many homes are available in Immokalee, FL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
982994+1.2%

Summary: The Immokalee real estate market had 994 homes for sale in May 2024, a 1.2% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 216214
-0.9%
3 490482
-1.6%
4 203212
+4.4%
5+ 7386
+17.8%

Summary: The Immokalee housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 0.9%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 17.8%.

Number of Homes Sold

Apr 2024May 2024CHANGE
133144+8.3%

Asking Price vs. Sold Price

116 Homes Were Sold
Under Asking

23 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Immokalee, you may be able to get a good deal. 80.6% of homes here sold below asking price last month.

Summary: A total of 144 homes were sold or pending in Immokalee in May 2024, up by 8.3% month-over-month. Of the 144 sold homes, 81% were sold under asking, 16% were sold at asking, and 3% 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

May 2023May 2024CHANGE
54 Days65 Days+19.5%

Summary: Homes in Immokalee had an average of 65 days on market in May 2024, up by 19.5% compared to last year.

Breakdown of Home Sale Times

62 Homes Were Sold
Under 30 Days

44 Homes Were Sold
In 30 - 90 Days

38 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Immokalee are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 144 homes were sold in Immokalee; 43% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 26% 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 17 Days Ago

Newest Listings in Immokalee, FL

Nearby Markets to Immokalee, FL

What housing markets are near Immokalee, FL?