Is Immokalee, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Immokalee was a Seller's Market.
Housing Prices in Immokalee, FL
How much do homes in Immokalee, FL cost?
Median Sold Price
$565,820
$319/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Immokalee was $565,820 in June 2024, up 6.8% from last year, and the median price per square foot was $319.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $220K | $533K | +142.3% |
2 Bedrooms | $459.2K | $468.5K | +2.0% |
3 Bedrooms | $513.6K | $560.6K | +9.1% |
4 Bedrooms | $621.5K | $690.6K | +11.1% |
5+ Bedrooms | $806K | $868.5K | +7.8% |
Summary: Immokalee housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 142.3%, 2 bedroom homes increased by 2%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 7.8%.
Median Sold Price Compared To Nearby Cities
Bonita Springs | $578.1K | $645.4K | +11.7% |
Immokalee | $530K | $565.8K | +6.8% |
Estero | $519.6K | $545K | +4.9% |
Housing Supply in Immokalee, FL
How many homes are available in Immokalee, FL?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
979 | 917 | -6.3% |
Summary: The Immokalee real estate market had 917 homes for sale in June 2024, a 6.3% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 214 | 200 | -6.5% |
3 Bedrooms | 475 | 430 | -9.5% |
4 Bedrooms | 205 | 203 | -1.0% |
5+ Bedrooms | 85 | 83 | -2.4% |
Summary: The Immokalee housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 6.5%, 3 bedroom homes decreased by 9.5%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes decreased by 2.4%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
163 | 125 | -23.3% |
Asking Price vs. Sold Price
93 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 125 homes were sold or pending in Immokalee in June 2024, down by 23.3% month-over-month. Of the 125 sold homes, 74% were sold under asking, 18% were sold at asking, and 8% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
41 Days | 65 Days | +58.8% |
Summary: Homes in Immokalee had an average of 65 days on market in Jun 2024, up by 58.8% compared to last year.
Breakdown of Home Sale Times
54 Homes Were Sold
Under 30 Days
34 Homes Were Sold
In 30 - 90 Days
37 Homes Were Sold
Over 90 Days
Summary: During June 2024, 125 homes were sold in Immokalee; 43% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.