Is North Bon Air, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Bon Air is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, North Bon Air was a Seller's Market.

Key Takeaway

North Bon Air is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in North Bon Air, FL

How much do homes in North Bon Air, FL cost?

Median Sold Price

$1,050,000

$353/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$205,000(+24.3%)

Key Takeaway

Homes in North Bon Air have sold for 24.3% more than they did a month ago.

Summary: The median home sold price in North Bon Air was $1,050,000 in March 2024, up 24.3% from last month, and the median price per square foot was $353.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $850K-
N/A
4 $840K$1.0M
+25.0%
5+ --
N/A

Summary: North Bon Air housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 25%, and 5+ bedroom homes did not change.

Housing Supply in North Bon Air, FL

How many homes are available in North Bon Air, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
118-27.3%

Summary: The North Bon Air real estate market had 8 homes for sale in March 2024, a 27.3% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 21
-50.0%
4 97
-22.2%
5+ 00
0.0%

Summary: The North Bon Air 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 remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Bon Air, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in North Bon Air in March 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for North Bon Air, FL

How long does it take to sell a home in North Bon Air, FL?

Average Sale Time

Feb 2024Mar 2024CHANGE
90 Days38 Days-57.8%

Summary: Homes in North Bon Air had an average of 38 days on market in Mar 2024, down by 57.8% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in North Bon Air has remained consistent over time.

Summary: During March 2024, 1 homes were sold in North Bon Air; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 27 Days Ago

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