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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mulberry is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Mulberry was a Seller's Market.

Key Takeaway

Mulberry is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Mulberry, FL

How much do homes in Mulberry, FL cost?

Median Sold Price

$310,000

$194/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$2,500(+0.8%)

Key Takeaway

Homes in Mulberry have sold for 0.8% more than they did a year ago.

Summary: The median home sold price in Mulberry was $310,000 in November 2024, up 0.8% from last year, and the median price per square foot was $194.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$150K
N/A
2 $173K$170K
-1.7%
3 $300K$300K
0.0%
4 $347.5K$369K
+6.2%
5+ $394.9K$475.5K
+20.4%

Summary: Mulberry housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.7%, 3 bedroom homes did not change, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes increased by 20.4%.

Median Sold Price Compared To Nearby Cities

Lithia
+4.5%
Mulberry
+0.8%

Housing Supply in Mulberry, FL

How many homes are available in Mulberry, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
133135+1.5%

Summary: The Mulberry real estate market had 135 homes for sale in November 2024, a 1.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1823
+27.8%
3 7874
-5.1%
4 3435
+2.9%
5+ 33
0.0%

Summary: The Mulberry housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 27.8%, 3 bedroom homes decreased by 5.1%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2521-16.0%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mulberry, you may be able to get a good deal. 52.4% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in Mulberry in November 2024, down by 16.0% month-over-month. Of the 21 sold homes, 52% were sold under asking, 29% were sold at asking, and 19% were sold over asking.

Days on Market for Mulberry, FL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
27 Days38 Days+38.8%

Summary: Homes in Mulberry had an average of 38 days on market in Nov 2024, up by 38.8% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 21 homes were sold in Mulberry; 57% of homes were sold within 30 days, 29% 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 8 Days Ago

Newest Listings in Mulberry, FL

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