Is LaBelle, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, LaBelle was a Seller's Market.
Housing Prices in LaBelle, FL
How much do homes in LaBelle, FL cost?
Median Sold Price
$314,095
$206/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in LaBelle was $314,095 in February 2024, down 2.1% from last year, and the median price per square foot was $206.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $148K | N/A |
2 Bedrooms | $205K | $230K | +12.2% |
3 Bedrooms | $334.9K | $320K | -4.5% |
4 Bedrooms | $336.4K | $325K | -3.4% |
5+ Bedrooms | $699K | $240K | -65.7% |
Summary: LaBelle housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.2%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes decreased by 65.7%.
Median Sold Price Compared To Nearby Cities
Southwest Glades | $254.9K | $320K | +25.5% |
LaBelle | $320.9K | $314K | -2.1% |
Housing Supply in LaBelle, FL
How many homes are available in LaBelle, FL?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
202 | 222 | +9.9% |
Summary: The LaBelle real estate market had 222 homes for sale in February 2024, a 9.9% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 10 | 15 | +50.0% |
3 Bedrooms | 121 | 124 | +2.5% |
4 Bedrooms | 63 | 73 | +15.9% |
5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The LaBelle housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 15.9%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
21 | 7 | -66.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in LaBelle in February 2024, down by 66.7% 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 LaBelle, FL
How long does it take to sell a home in LaBelle, FL?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
65 Days | 73 Days | +13.4% |
Summary: Homes in LaBelle had an average of 73 days on market in Feb 2024, up by 13.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During February 2024, 7 homes were sold in LaBelle; 14% of homes were sold within 30 days, 71% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.