Is MacFarlane Park, 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, MacFarlane Park has remained a Seller's Market.
Key Takeaway
MacFarlane Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in MacFarlane Park, FL
How much do homes in MacFarlane Park, FL cost?
Median Sold Price
$438,000
$310/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in MacFarlane Park have sold for 12.3% more than they did a year ago.
Summary: The median home sold price in MacFarlane Park was $438,000 in April 2024, up 12.3% from last year, and the median price per square foot was $310.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $222.5K | N/A |
| 2 Bedrooms | $335K | $330K | -1.5% |
| 3 Bedrooms | $377.5K | $420K | +11.3% |
| 4 Bedrooms | $487.5K | $590K | +21.0% |
| 5+ Bedrooms | $565K | $515K | -8.8% |
Summary: MacFarlane Park housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.5%, 3 bedroom homes increased by 11.3%, 4 bedroom homes increased by 21%, and 5+ bedroom homes decreased by 8.8%.
Median Sold Price Compared To Nearby Neighborhoods
| MacFarlane Park | $390K | $438K | +12.3% |
| West Tampa | $436K | $448.9K | +3.0% |
| Old West Tampa | $380K | $345K | -9.2% |
Housing Supply in MacFarlane Park, FL
How many homes are available in MacFarlane Park, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 39 | 42 | +7.7% |
Summary: The MacFarlane Park real estate market had 42 homes for sale in April 2024, a 7.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 19 | 25 | +31.6% |
| 4 Bedrooms | 12 | 10 | -16.7% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The MacFarlane Park housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 31.6%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 10 | +42.9% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in MacFarlane Park, you may be able to get a good deal. 70% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in MacFarlane Park in April 2024, up by 42.9% month-over-month. Of the 10 sold homes, 70% were sold under asking, 10% were sold at asking, and 20% were sold over asking.
Days on Market for MacFarlane Park, FL
How long does it take to sell a home in MacFarlane Park, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 26 Days | 45 Days | +70.1% |
Summary: Homes in MacFarlane Park had an average of 45 days on market in Apr 2024, up by 70.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in MacFarlane Park are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 10 homes were sold in MacFarlane Park; 40% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.
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