Is Kenneth City, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kenneth City is a seller's market

Buyer's
Market

Difference Since June 2021

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.

How much do homes in Kenneth City, FL cost?

Median Sold Price

$230,000

$172/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2021

+$21,750(+10.4%)

Key Takeaway

Homes in Kenneth City have sold for 10.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJun 2021Jun 2022%
1 $50K$70K
+40.0%
2 $110K$152.2K
+38.4%
3 $286K$360K
+25.9%
4 $266.7K$415.4K
+55.7%
5+ $324K-
N/A

Median Sold Price Compared To Nearby Cities

Pinellas Park
+25.6%
Saint Petersburg
+20.0%
Kenneth City
+10.4%

How many homes are available in Kenneth City, FL?

Number of Homes For Sale

May 2022Jun 2022%
2321-8.7%

Homes For Sale By Bedroom Count

# BEDSMay 2022Jun 2022%
1 43
-25.0%
2 1415
+7.1%
3 32
-33.3%
4 21
-50.0%
5+ 00
0.0%

Number of Homes Sold

May 2022Jun 2022%
810+25.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kenneth City, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Average Sale Time

Jun 2021Jun 2022%
18 Days14 Days-22.9%

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Kenneth City, FL

Homes for sale in Kenneth City, FL have reached 21. The number of listings in Kenneth City, FL decreased by 8.7% between May 2022 and June 2022. Listings spent 14 days on the market in June 2022, and had a median list price of $230,000 during the same period. Real estate listing prices changed between May 2022 and June 2022: 1 bedroom properties prices increased by 40%, 2 bedrooms properties prices increased by 38.4%, 3 bedrooms properties became 25.9% more expensive, 4 bedrooms properties prices increased by 55.7%, 5 bedrooms properties prices increased by 0%. Housing inventory have changed in this real estate market: 1 bedroom homes became 25% less available, the quantity of 2 bedrooms homes went up by 7.1%, 3 bedrooms homes became 33.3% less available, the quantity of 4 bedrooms homes went down by 50%, the quantity of 5 bedrooms homes have not changed. While more than 3 listings in Kenneth City, FL in June 2022 were sold above asking price, there were more than 1 listings sold at asking price, and more than 6 were sold below.

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