Is Levy County, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Levy County was a Seller's Market.
Key Takeaway
Levy County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Levy County, FL
How much do homes in Levy County, FL cost?
Median Sold Price
$240,250
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Levy County have sold for 8.1% less than they did a year ago.
Summary: The median home sold price in Levy County was $240,250 in March 2024, down 8.1% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $144.9K | $155K | +7.0% |
| 2 Bedrooms | $169.9K | $178K | +4.8% |
| 3 Bedrooms | $264K | $245K | -7.2% |
| 4 Bedrooms | $358K | $324.9K | -9.2% |
| 5+ Bedrooms | $383.5K | $260.5K | -32.1% |
Summary: Levy County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7%, 2 bedroom homes increased by 4.8%, 3 bedroom homes decreased by 7.2%, 4 bedroom homes decreased by 9.2%, and 5+ bedroom homes decreased by 32.1%.
Median Sold Price Compared To Nearby Counties
| Marion County | $274.5K | $274.1K | -0.1% |
| Citrus County | $283.3K | $275.9K | -2.6% |
| Gilchrist County | $263K | $250K | -4.9% |
| Levy County | $261.5K | $240.2K | -8.1% |
Housing Supply in Levy County, FL
How many homes are available in Levy County, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 215 | 226 | +5.1% |
Summary: The Levy County real estate market had 226 homes for sale in March 2024, a 5.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 6 | +20.0% |
| 2 Bedrooms | 46 | 53 | +15.2% |
| 3 Bedrooms | 132 | 126 | -4.5% |
| 4 Bedrooms | 24 | 33 | +37.5% |
| 5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The Levy County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 15.2%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 34 | 31 | -8.8% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Levy County, you may be able to get a good deal. 67.7% of homes here sold below asking price last month.
Summary: A total of 31 homes were sold or pending in Levy County in March 2024, down by 8.8% month-over-month. Of the 31 sold homes, 68% were sold under asking, 19% were sold at asking, and 13% were sold over asking.
Days on Market for Levy County, FL
How long does it take to sell a home in Levy County, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 58 Days | 51 Days | -12.1% |
Summary: Homes in Levy County had an average of 51 days on market in Mar 2024, down by 12.1% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Levy County has remained consistent over time.
Summary: During March 2024, 31 homes were sold in Levy County; 35% of homes were sold within 30 days, 55% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
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