Is North Kenwood, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, North Kenwood was a Seller's Market.
Housing Prices in North Kenwood, FL
How much do homes in North Kenwood, FL cost?
Median Sold Price
$427,500
$348/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in North Kenwood was $427,500 in March 2024, up 8.2% from last year, and the median price per square foot was $348.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $290K | - | N/A |
2 Bedrooms | $350K | $365K | +4.3% |
3 Bedrooms | $465K | $444.8K | -4.3% |
4 Bedrooms | $573K | $599K | +4.5% |
5+ Bedrooms | - | $1.0M | N/A |
Summary: North Kenwood 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 4.3%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Ponce De Leon | $323.4K | $386K | +19.4% |
North Kenwood | $395K | $427.5K | +8.2% |
Historic Kenwood | $542.5K | $580K | +6.9% |
Housing Supply in North Kenwood, FL
How many homes are available in North Kenwood, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
19 | 24 | +26.3% |
Summary: The North Kenwood real estate market had 24 homes for sale in March 2024, a 26.3% increase 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 | 5 | 6 | +20.0% |
3 Bedrooms | 10 | 12 | +20.0% |
4 Bedrooms | 3 | 5 | +66.7% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The North Kenwood 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 20%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in North Kenwood in March 2024, the same as the previous month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for North Kenwood, FL
How long does it take to sell a home in North Kenwood, FL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
9 Days | 39 Days | +301.5% |
Summary: Homes in North Kenwood had an average of 39 days on market in Mar 2024, up by 301.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in North Kenwood; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.