Is Mulberry, 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, Mulberry has remained a Seller's Market.
Housing Prices in Mulberry, FL
How much do homes in Mulberry, FL cost?
Median Sold Price
$308,250
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Mulberry was $308,250 in March 2024, up 2.3% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $150K | N/A |
2 Bedrooms | $135K | $171.5K | +27.0% |
3 Bedrooms | $260K | $300K | +15.4% |
4 Bedrooms | $364.6K | $360K | -1.3% |
5+ Bedrooms | $436.2K | $352.5K | -19.2% |
Summary: Mulberry housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 27%, 3 bedroom homes increased by 15.4%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes decreased by 19.2%.
Median Sold Price Compared To Nearby Cities
Mulberry | $301.2K | $308.2K | +2.3% |
Lithia | $531.2K | $525K | -1.2% |
Housing Supply in Mulberry, FL
How many homes are available in Mulberry, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
134 | 133 | -0.7% |
Summary: The Mulberry real estate market had 133 homes for sale in March 2024, a 0.7% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 15 | 17 | +13.3% |
3 Bedrooms | 72 | 69 | -4.2% |
4 Bedrooms | 39 | 39 | 0.0% |
5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The Mulberry 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 increased by 13.3%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
28 | 26 | -7.1% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in Mulberry in March 2024, down by 7.1% month-over-month. Of the 26 sold homes, 42% were sold under asking, 31% were sold at asking, and 27% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
57 Days | 45 Days | -20.0% |
Summary: Homes in Mulberry had an average of 45 days on market in Mar 2024, down by 20% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 26 homes were sold in Mulberry; 58% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.