Is Innisbrook, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Innisbrook was a Seller's Market.
Key Takeaway
Innisbrook is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Innisbrook, FL
How much do homes in Innisbrook, FL cost?
Median Sold Price
$330,750
$307/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Innisbrook have sold for 14.1% less than they did a year ago.
Summary: The median home sold price in Innisbrook was $330,750 in April 2024, down 14.1% from last year, and the median price per square foot was $307.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $201.2K | $180K | -10.6% |
| 2 Bedrooms | $430K | $402.5K | -6.4% |
| 3 Bedrooms | $539K | $539.9K | 0.2% |
| 4 Bedrooms | $1.3M | $1.3M | +5.8% |
| 5+ Bedrooms | $2.0M | $2.5M | +22.0% |
Summary: Innisbrook housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.6%, 2 bedroom homes decreased by 6.4%, 3 bedroom homes increased by 0.2%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 22%.
Median Sold Price Compared To Nearby Neighborhoods
| Cove Springs | $379.9K | $363.5K | -4.3% |
| Innisbrook | $385K | $330.7K | -14.1% |
Housing Supply in Innisbrook, FL
How many homes are available in Innisbrook, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 49 | 54 | +10.2% |
Summary: The Innisbrook real estate market had 54 homes for sale in April 2024, a 10.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 22 | 23 | +4.5% |
| 2 Bedrooms | 13 | 17 | +30.8% |
| 3 Bedrooms | 7 | 9 | +28.6% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Innisbrook housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 4.5%, 2 bedroom homes increased by 30.8%, 3 bedroom homes increased by 28.6%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 7 | +16.7% |
Asking Price vs. Sold Price
6 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 Innisbrook, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Innisbrook in April 2024, up by 16.7% month-over-month. Of the 7 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% were sold over asking.
Days on Market for Innisbrook, FL
How long does it take to sell a home in Innisbrook, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 74 Days | 83 Days | +12.6% |
Summary: Homes in Innisbrook had an average of 83 days on market in Apr 2024, up by 12.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Innisbrook are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 7 homes were sold in Innisbrook; 57% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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