Is North Central, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, North Central was a Seller's Market.
Key Takeaway
North Central is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in North Central, FL
How much do homes in North Central, FL cost?
Median Sold Price
$257,000
$269/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in North Central have sold for 12.7% less than they did a year ago.
Summary: The median home sold price in North Central was $257,000 in April 2024, down 12.7% from last year, and the median price per square foot was $269.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $160K | $160K | 0.0% |
| 2 Bedrooms | $350K | $257K | -26.6% |
| 3 Bedrooms | $434K | $500K | +15.2% |
| 4 Bedrooms | $537.5K | $530K | -1.4% |
| 5+ Bedrooms | $525K | - | N/A |
Summary: North Central 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 26.6%, 3 bedroom homes increased by 15.2%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Park East | $475K | $512K | +7.8% |
| Highland Garden | $379K | $407.5K | +7.5% |
| Royal Poinciana | $320K | $340K | +6.3% |
| North Central | $294.5K | $257K | -12.7% |
Housing Supply in North Central, FL
How many homes are available in North Central, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 48 | 63 | +31.3% |
Summary: The North Central real estate market had 63 homes for sale in April 2024, a 31.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 13 | +116.7% |
| 2 Bedrooms | 22 | 27 | +22.7% |
| 3 Bedrooms | 13 | 17 | +30.8% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The North Central housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 116.7%, 2 bedroom homes increased by 22.7%, 3 bedroom homes increased by 30.8%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Central, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in North Central in April 2024, up by 33.3% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for North Central, FL
How long does it take to sell a home in North Central, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 66 Days | 133 Days | +101.5% |
Summary: Homes in North Central had an average of 133 days on market in Apr 2024, up by 101.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in North Central are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 4 homes were sold in North Central; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 75% of homes were sold over 90 days.
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