Is Kenneth City, 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, Kenneth City was a Seller's Market.
Housing Prices in Kenneth City, FL
How much do homes in Kenneth City, FL cost?
Median Sold Price
$328,000
$240/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Kenneth City was $328,000 in March 2024, up 87.4% from last year, and the median price per square foot was $240.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $91.2K | $122.5K | +34.2% |
2 Bedrooms | $168.5K | $175K | +3.9% |
3 Bedrooms | $365K | $375K | +2.7% |
4 Bedrooms | $472.5K | $499.8K | +5.8% |
5+ Bedrooms | - | - | N/A |
Summary: Kenneth City housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 34.2%, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Kenneth City | $175K | $328K | +87.4% |
Saint Petersburg | $399.9K | $434.8K | +8.7% |
Pinellas Park | $322.5K | $317.8K | -1.5% |
Housing Supply in Kenneth City, FL
How many homes are available in Kenneth City, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
41 | 50 | +22.0% |
Summary: The Kenneth City real estate market had 50 homes for sale in March 2024, a 22.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 9 | +12.5% |
2 Bedrooms | 21 | 27 | +28.6% |
3 Bedrooms | 7 | 9 | +28.6% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Kenneth City housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes increased by 28.6%, 3 bedroom homes increased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 4 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Kenneth City in March 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Kenneth City, FL
How long does it take to sell a home in Kenneth City, FL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
40 Days | 27 Days | -33.9% |
Summary: Homes in Kenneth City had an average of 27 days on market in Mar 2024, down by 33.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in Kenneth City; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.