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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Largo is a seller's market

Buyer's
Market

Difference Since January 2022

Since last year, Largo has remained a Seller's Market.

Key Takeaway

Largo is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Largo, FL cost?

Median Sold Price

$334,112

$250/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2022

+$60,063(+21.9%)

Key Takeaway

Homes in Largo have sold for 21.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJan 2022Jan 2023%
1 $110K$148.5K
+35.0%
2 $210K$249.2K
+18.7%
3 $330K$407.6K
+23.5%
4 $450K$502.5K
+11.7%
5+ $666K$720K
+8.1%

Median Sold Price Compared To Nearby Cities

Pinellas Park
+25.5%
Largo
+21.9%
Belleair
+21.4%
Clearwater
+18.2%
Belleair Bluffs
+17.4%

How many homes are available in Largo, FL?

Number of Homes For Sale

Dec 2022Jan 2023%
220233+5.9%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 1112
+9.1%
2 9993
-6.1%
3 8498
+16.7%
4 1722
+29.4%
5+ 98
-11.1%

Number of Homes Sold

Dec 2022Jan 2023%
6444-31.3%

Asking Price vs. Sold Price

34 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Largo, you may be able to get a good deal. 77.3% of homes here sold below asking price last month.

Average Sale Time

Jan 2022Jan 2023%
20 Days36 Days+75.7%

Breakdown of Home Sale Times

28 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Largo 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 Largo, FL

Largo, FL has 233 homes for sale to choose from. The inventory of homes for sale in Largo, FL between December 2022 and January 2023 increased by 5.9%. Listings spent 36 days on the market in January 2023, and had a median list price of $334,112 during the same period. Between December 2022 and January 2023, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties became 35% more expensive, prices of 2 bedrooms properties increased by 18.7%, 3 bedrooms properties prices increased by 23.5%, prices of 4 bedrooms properties went up by 11.7%, prices of 5 bedrooms properties went up by 8.1%. Volume of homes for sale in this real estate market have seen the following changes: number of 1 bedroom homes increased by 9.1%, number of 2 bedrooms homes decreased by 6.1%, the quantity of 3 bedrooms homes went up by 16.7%, number of 4 bedrooms homes increased by 29.4%, 5 bedrooms homes became 11.1% less available. In January 2023, from all listings sold in Largo, FL there were more than 3 sold above asking price, over 34 sold below and more than 7 were sold right at the asked price.

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