Is Myakka City, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Myakka City is a seller's market

Buyer's
Market

Difference Since November 2021

Since last year, Myakka City has remained a Seller's Market.

Key Takeaway

Myakka City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Myakka City, FL cost?

Median Sold Price

$615,075

$296/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$141,640(+29.9%)

Key Takeaway

Homes in Myakka City have sold for 29.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $172K$225.1K
+30.9%
2 $309.6K$425.2K
+37.3%
3 $463.9K$602.1K
+29.8%
4 $600.1K$810K
+35.0%
5+ $700K$880K
+25.7%

Median Sold Price Compared To Nearby Cities

Myakka City
+29.9%
Parrish
+27.3%
Bradenton
+26.6%
Ellenton
+22.9%

How many homes are available in Myakka City, FL?

Number of Homes For Sale

Oct 2022Nov 2022%
658627-4.7%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 10
-100.0%
2 114131
+14.9%
3 321292
-9.0%
4 190170
-10.5%
5+ 3234
+6.3%

Number of Homes Sold

Oct 2022Nov 2022%
156123-21.2%

Asking Price vs. Sold Price

75 Homes Were Sold
Under Asking

36 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Myakka City, you may be able to get a good deal. 61% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
12 Days37 Days+195.4%

Breakdown of Home Sale Times

69 Homes Were Sold
Under 30 Days

42 Homes Were Sold
In 30 - 90 Days

12 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Myakka City, FL

Number of homes for sale in Myakka City, FL real estate market have reached 627. Between October 2022 and November 2022, Myakka City, FL real estate market has seen decrease in the number of listings by 4.7%. In November 2022, listings were on the market for 37 days. During the same period, the median list price in this real estate market was $615,075. This housing market listing prices have changed between October 2022 and November 2022: 1 bedroom properties prices increased by 30.9%, prices of 2 bedrooms properties went up by 37.3%, 3 bedrooms properties became 29.8% more expensive, prices of 4 bedrooms properties went up by 35%, prices of 5 bedrooms properties increased by 25.7%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes became 100% less available, volume of 2 bedrooms homes went up by 14.9%, volume of 3 bedrooms homes went down by 9%, the quantity of 4 bedrooms homes went down by 10.5%, the quantity of 5 bedrooms homes went up by 6.3%. Myakka City, FL housing market in November 2022 saw over 12 listings sold above listed price, more than 36 sold at listed price and over 75 sold below.

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