Is Lowry Park, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Lowry Park has remained a Seller's Market.
Key Takeaway
Lowry Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lowry Park, FL
How much do homes in Lowry Park, FL cost?
Median Sold Price
$327,600
$280/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Lowry Park have sold for 4% more than they did a year ago.
Summary: The median home sold price in Lowry Park was $327,600 in March 2024, up 4% from last year, and the median price per square foot was $280.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $130K | $237.5K | +82.7% |
| 2 Bedrooms | $262K | $274.9K | +4.9% |
| 3 Bedrooms | $318K | $350K | +10.1% |
| 4 Bedrooms | $425K | $465K | +9.4% |
| 5+ Bedrooms | $549K | $500K | -8.9% |
Summary: Lowry Park housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 82.7%, 2 bedroom homes increased by 4.9%, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes decreased by 8.9%.
Median Sold Price Compared To Nearby Neighborhoods
| East Forest Hills | $300.5K | $355K | +18.1% |
| Sulphur Springs | $235K | $262.5K | +11.7% |
| Old Seminole Heights | $390K | $425K | +9.0% |
| Forest Hills Community | $320K | $333.5K | +4.2% |
| Lowry Park | $315K | $327.6K | +4.0% |
Housing Supply in Lowry Park, FL
How many homes are available in Lowry Park, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 41 | 39 | -4.9% |
Summary: The Lowry Park real estate market had 39 homes for sale in March 2024, a 4.9% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 12 | 11 | -8.3% |
| 3 Bedrooms | 21 | 21 | 0.0% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Lowry Park 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 decreased by 8.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 10 | 9 | -10.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lowry Park, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Lowry Park in March 2024, down by 10.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 44% were sold at asking, and 0% were sold over asking.
Days on Market for Lowry Park, FL
How long does it take to sell a home in Lowry Park, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 67 Days | 43 Days | -35.4% |
Summary: Homes in Lowry Park had an average of 43 days on market in Mar 2024, down by 35.4% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lowry Park are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 9 homes were sold in Lowry Park; 56% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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