Is Parkdale, 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, Parkdale was a Buyer's Market.
Key Takeaway
Parkdale 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 Parkdale, FL
How much do homes in Parkdale, FL cost?
Median Sold Price
$344,900
$206/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Parkdale have sold for 3.3% more than they did a year ago.
Summary: The median home sold price in Parkdale was $344,900 in April 2024, up 3.3% from last year, and the median price per square foot was $206.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $296K | $279K | -5.7% |
| 3 Bedrooms | $320.5K | $330K | +3.0% |
| 4 Bedrooms | $365.9K | $346.7K | -5.2% |
| 5+ Bedrooms | $399.9K | $417.9K | +4.5% |
Summary: Parkdale 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 5.7%, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 5.2%, and 5+ bedroom homes increased by 4.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Alabama | $279.5K | $319.8K | +14.4% |
| Eisenhower | $310K | $335K | +8.1% |
| Parkdale | $334K | $344.9K | +3.3% |
Housing Supply in Parkdale, FL
How many homes are available in Parkdale, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 119 | 111 | -6.7% |
Summary: The Parkdale real estate market had 111 homes for sale in April 2024, a 6.7% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 90 | 75 | -16.7% |
| 4 Bedrooms | 24 | 32 | +33.3% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Parkdale 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 remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 23 | 16 | -30.4% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Parkdale, expect to pay close to the asking price. 56.3% of homes here sold near the asking price last month.
Summary: A total of 16 homes were sold or pending in Parkdale in April 2024, down by 30.4% month-over-month. Of the 16 sold homes, 38% were sold under asking, 56% were sold at asking, and 6% were sold over asking.
Days on Market for Parkdale, FL
How long does it take to sell a home in Parkdale, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 65 Days | 40 Days | -37.9% |
Summary: Homes in Parkdale had an average of 40 days on market in Apr 2024, down by 37.9% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Parkdale are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 16 homes were sold in Parkdale; 44% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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