Is Lacoochee, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lacoochee is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Lacoochee was a Seller's Market.

Key Takeaway

Lacoochee is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Lacoochee, FL

How much do homes in Lacoochee, FL cost?

Median Sold Price

$335,000

$217/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$57,500(+20.7%)

Key Takeaway

Homes in Lacoochee have sold for 20.7% more than they did a year ago.

Summary: The median home sold price in Lacoochee was $335,000 in March 2024, up 20.7% from last year, and the median price per square foot was $217.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $124.9K$96.4K
-22.8%
3 $280K$345K
+23.2%
4 $437.4K$625K
+42.9%
5+ $940K$226K
-76.0%

Summary: Lacoochee housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 22.8%, 3 bedroom homes increased by 23.2%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes decreased by 76%.

Median Sold Price Compared To Nearby Cities

Lacoochee
+20.7%
Dade City
+4.4%
Central Pasco
-1.3%
Ridge Manor
-8.1%
Bushnell-Center Hill
-12.7%

Housing Supply in Lacoochee, FL

How many homes are available in Lacoochee, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2122+4.8%

Summary: The Lacoochee real estate market had 22 homes for sale in March 2024, a 4.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 66
0.0%
3 1112
+9.1%
4 44
0.0%
5+ 00
0.0%

Summary: The Lacoochee housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lacoochee, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Lacoochee in March 2024, up by 200.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Lacoochee, FL

How long does it take to sell a home in Lacoochee, FL?

Average Sale Time

Mar 2023Mar 2024CHANGE
135 Days51 Days-62.4%

Summary: Homes in Lacoochee had an average of 51 days on market in Mar 2024, down by 62.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 3 homes were sold in Lacoochee; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

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

Report Updated 23 Days Ago

Newest Listings in Lacoochee, FL

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