Is Pahokee, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pahokee is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Pahokee was a Seller's Market.

Key Takeaway

Pahokee is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Pahokee, FL

How much do homes in Pahokee, FL cost?

Median Sold Price

$268,000

$200/sqft

Based on all homes sold in June 2024.

Difference Since Last Month

+$172,000(+179.2%)

Key Takeaway

Homes in Pahokee have sold for 179.2% more than they did a month ago.

Summary: The median home sold price in Pahokee was $268,000 in June 2024, up 179.2% from last month, and the median price per square foot was $200.

Median Sold Price By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 --
N/A
2 --
N/A
3 $96K$268K
+179.2%
4 --
N/A
5+ --
N/A

Summary: Pahokee housing prices by bedroom type for June 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 increased by 179.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Pahokee, FL

How many homes are available in Pahokee, FL?

Number of Homes For Sale

May 2024Jun 2024CHANGE
14140.0%

Summary: The Pahokee real estate market had 14 homes for sale in June 2024, the same as May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 129
-25.0%
4 12
+100.0%
5+ 01
+100.0%

Summary: The Pahokee housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

May 2024Jun 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

1 Home Was 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 Pahokee, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Pahokee in June 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Pahokee, FL

How long does it take to sell a home in Pahokee, FL?

Average Sale Time

May 2024Jun 2024CHANGE
26 Days16 Days-39.4%

Summary: Homes in Pahokee had an average of 16 days on market in Jun 2024, down by 39.4% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Pahokee are selling fast, if you're buying plan to act quickly.

Summary: During June 2024, 2 homes were sold in Pahokee; 100% of homes were sold within 30 days, 0% 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 26 Days Ago

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