Is North Hyde Park, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Hyde Park is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, North Hyde Park was a Neutral Market.

Key Takeaway

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

Housing Prices in North Hyde Park, FL

How much do homes in North Hyde Park, FL cost?

Median Sold Price

$617,500

$346/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$117,500(+23.5%)

Key Takeaway

Homes in North Hyde Park have sold for 23.5% more than they did a year ago.

Summary: The median home sold price in North Hyde Park was $617,500 in April 2024, up 23.5% from last year, and the median price per square foot was $346.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$350K
N/A
2 $368.5K$550K
+49.3%
3 $448.4K$656K
+46.3%
4 $760K$793.7K
+4.4%
5+ $740K$503.5K
-32.0%

Summary: North Hyde Park 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 increased by 49.3%, 3 bedroom homes increased by 46.3%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes decreased by 32%.

Median Sold Price Compared To Nearby Neighborhoods

North Hyde Park
+23.5%
Armory Gardens
-5.1%
Old West Tampa
-9.2%

Housing Supply in North Hyde Park, FL

How many homes are available in North Hyde Park, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1713-23.5%

Summary: The North Hyde Park real estate market had 13 homes for sale in April 2024, a 23.5% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 53
-40.0%
3 65
-16.7%
4 65
-16.7%
5+ 00
0.0%

Summary: The North Hyde Park housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Hyde Park, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in North Hyde Park in April 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for North Hyde Park, FL

How long does it take to sell a home in North Hyde Park, FL?

Average Sale Time

Apr 2023Apr 2024CHANGE
7 Days59 Days+686.7%

Summary: Homes in North Hyde Park had an average of 59 days on market in Apr 2024, up by 686.7% compared to last year.

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 Hyde Park has remained consistent over time.

Summary: During April 2024, 1 homes were sold in North Hyde Park; 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 5 Days Ago

Newest Listings in North Hyde Park, FL

Nearby Markets to North Hyde Park, FL