$1,758 Closing Credit*
$148,000
875 SqFt
2 Beds
•1 Full Bath
Heidi Arnold, Listing Office: DEMETER PROPERTIES INC
Is Kenneth City, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Kenneth City has remained a Seller's Market.
Key Takeaway
Kenneth City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Kenneth City, FL
How much do homes in Kenneth City, FL cost?
Median Sold Price
$330,000
$229/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$30,100(+10.0%)
Key Takeaway
Homes in Kenneth City have sold for 10% more than they did a year ago.
Summary: The median home sold price in Kenneth City was $330,000 in September 2024, up 10% from last year, and the median price per square foot was $229.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $97.5K | $112.5K | +15.4% |
| 2 Bedrooms | $175K | $165K | -5.7% |
| 3 Bedrooms | $360.8K | $400K | +10.9% |
| 4 Bedrooms | $529.3K | $442.5K | -16.4% |
| 5+ Bedrooms | - | - | N/A |
Summary: Kenneth City housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.4%, 2 bedroom homes decreased by 5.7%, 3 bedroom homes increased by 10.9%, 4 bedroom homes decreased by 16.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Kenneth City | $299.9K | $330K | +10.0% |
| Saint Petersburg | $415.5K | $438.3K | +5.5% |
| Pinellas Park | $315.3K | $329.4K | +4.5% |
Housing Supply in Kenneth City, FL
How many homes are available in Kenneth City, FL?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 49 | 47 | -4.1% |
Summary: The Kenneth City real estate market had 47 homes for sale in September 2024, a 4.1% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 6 | +20.0% |
| 2 Bedrooms | 26 | 26 | 0.0% |
| 3 Bedrooms | 14 | 12 | -14.3% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Kenneth City housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Kenneth City, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Kenneth City in September 2024, the same as the previous month. Of the 8 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 40 Days | 52 Days | +31.9% |
Summary: Homes in Kenneth City had an average of 52 days on market in Sep 2024, up by 31.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Kenneth City are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 8 homes were sold in Kenneth City; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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