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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Peninsula is a buyer's market

Buyer's
Market

Difference Since November 2021

At the same time last year, North Peninsula was a Seller's Market.

Key Takeaway

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

How much do homes in North Peninsula, FL cost?

Median Sold Price

$320,000

$280/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$15,000(+4.9%)

Key Takeaway

Homes in North Peninsula have sold for 4.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $99.2K$159.9K
+61.2%
2 $245.9K$302K
+22.8%
3 $395K$410K
+3.8%
4 $394.9K$479.9K
+21.5%
5+ $862.5K$940K
+9.0%

Median Sold Price Compared To Nearby Cities

Ormond Beach
+24.5%
Daytona Beach
+21.1%
Flagler Beach
+20.3%
Daytona Beach Shores
+5.5%
North Peninsula
+4.9%

How many homes are available in North Peninsula, FL?

Number of Homes For Sale

Oct 2022Nov 2022%
1321320.0%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 2427
+12.5%
2 6056
-6.7%
3 3329
-12.1%
4 1117
+54.5%
5+ 43
-25.0%

Number of Homes Sold

Oct 2022Nov 2022%
2914-51.7%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

3 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 Peninsula, you may be able to get a good deal. 78.6% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
32 Days49 Days+53.6%

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in North Peninsula 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 North Peninsula, FL

North Peninsula, FL has 132 homes on the market. The median list price of listings available in November 2022 was $320,000, while the average time on the real estate market was 49 days. Listing prices have changed in this real estate market between October 2022 and November 2022: prices of 1 bedroom properties went up by 61.2%, 2 bedrooms properties prices increased by 22.8%, 3 bedrooms properties prices increased by 3.8%, 4 bedrooms properties prices increased by 21.5%, prices of 5 bedrooms properties increased by 9%. Housing inventory have changed in this real estate market: number of 1 bedroom homes increased by 12.5%, the quantity of 2 bedrooms homes went down by 6.7%, number of 3 bedrooms homes decreased by 12.1%, 4 bedrooms homes inventory increased by 54.5%, 5 bedrooms homes became 25% less available. North Peninsula, FL housing market in November 2022 saw over 0 listings sold above listed price, more than 3 sold at listed price and over 11 sold below.

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