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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lealman is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Lealman, FL

How much do homes in Lealman, FL cost?

Median Sold Price

$295,000

$248/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$5,000(+1.7%)

Key Takeaway

Homes in Lealman have sold for 1.7% more than they did a year ago.

Summary: The median home sold price in Lealman was $295,000 in April 2024, up 1.7% from last year, and the median price per square foot was $248.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $99.9K$92.5K
-7.4%
2 $230K$270.2K
+17.5%
3 $335K$345K
+3.0%
4 $355K$425K
+19.7%
5+ $449K$559K
+24.5%

Summary: Lealman housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.4%, 2 bedroom homes increased by 17.5%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 19.7%, and 5+ bedroom homes increased by 24.5%.

Median Sold Price Compared To Nearby Neighborhoods

Disston Heights
+6.9%
Meadowlawn
+5.0%
Lealman
+1.7%
Harris Park
-7.8%

Housing Supply in Lealman, FL

How many homes are available in Lealman, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
124125+0.8%

Summary: The Lealman real estate market had 125 homes for sale in April 2024, a 0.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 2125
+19.0%
2 5351
-3.8%
3 3435
+2.9%
4 1210
-16.7%
5+ 44
0.0%

Summary: The Lealman housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 19%, 2 bedroom homes decreased by 3.8%, 3 bedroom homes increased by 2.9%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2521-16.0%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lealman, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in Lealman in April 2024, down by 16.0% month-over-month. Of the 21 sold homes, 67% were sold under asking, 14% were sold at asking, and 19% were sold over asking.

Days on Market for Lealman, FL

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

Average Sale Time

Apr 2023Apr 2024CHANGE
37 Days41 Days+10.9%

Summary: Homes in Lealman had an average of 41 days on market in Apr 2024, up by 10.9% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 21 homes were sold in Lealman; 62% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 14% 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 2 Days Ago

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