Is Lockhart, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Lockhart has remained a Seller's Market.
Key Takeaway
Lockhart is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lockhart, FL
How much do homes in Lockhart, FL cost?
Median Sold Price
$305,000
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Lockhart have sold for 8.9% more than they did a year ago.
Summary: The median home sold price in Lockhart was $305,000 in April 2024, up 8.9% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $87K | $93.5K | +7.5% |
| 2 Bedrooms | $184K | $231K | +25.5% |
| 3 Bedrooms | $290K | $320K | +10.3% |
| 4 Bedrooms | $380K | $360K | -5.3% |
| 5+ Bedrooms | $441.5K | $897.6K | +103.3% |
Summary: Lockhart housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.5%, 2 bedroom homes increased by 25.5%, 3 bedroom homes increased by 10.3%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes increased by 103.3%.
Housing Supply in Lockhart, FL
How many homes are available in Lockhart, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 80 | 62 | -22.5% |
Summary: The Lockhart real estate market had 62 homes for sale in April 2024, a 22.5% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 1 | -75.0% |
| 2 Bedrooms | 13 | 11 | -15.4% |
| 3 Bedrooms | 51 | 42 | -17.6% |
| 4 Bedrooms | 11 | 8 | -27.3% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Lockhart housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 75%, 2 bedroom homes decreased by 15.4%, 3 bedroom homes decreased by 17.6%, 4 bedroom homes decreased by 27.3%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 25 | 18 | -28.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lockhart, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in Lockhart in April 2024, down by 28.0% month-over-month. Of the 18 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Lockhart, FL
How long does it take to sell a home in Lockhart, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 38 Days | 49 Days | +28.5% |
Summary: Homes in Lockhart had an average of 49 days on market in Apr 2024, up by 28.5% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lockhart are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 18 homes were sold in Lockhart; 50% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
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