Is Paxton-Darlington, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Paxton-Darlington is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Paxton-Darlington was a Neutral Market.

Key Takeaway

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

Housing Prices in Paxton-Darlington, FL

How much do homes in Paxton-Darlington, FL cost?

Median Sold Price

$249,950

$183/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$50(0%)

Key Takeaway

The sold price of homes in Paxton-Darlington has remained the same since last year.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $430K$135K
-68.6%
2 $237.4K$175K
-26.3%
3 $240K$249.9K
+4.1%
4 $299.9K$310.4K
+3.5%
5+ $374.9K$339K
-9.6%

Summary: Paxton-Darlington housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 68.6%, 2 bedroom homes decreased by 26.3%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes decreased by 9.6%.

Median Sold Price Compared To Nearby Cities

Defuniak Springs
+6.1%
Paxton-Darlington
0%

Housing Supply in Paxton-Darlington, FL

How many homes are available in Paxton-Darlington, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
36360.0%

Summary: The Paxton-Darlington real estate market had 36 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 34
+33.3%
3 2524
-4.0%
4 55
0.0%
5+ 22
0.0%

Summary: The Paxton-Darlington 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 33.3%, 3 bedroom homes decreased by 4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Paxton-Darlington, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Paxton-Darlington in March 2024, down by 60.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Paxton-Darlington, FL

How long does it take to sell a home in Paxton-Darlington, FL?

Average Sale Time

Mar 2023Mar 2024CHANGE
117 Days59 Days-49.9%

Summary: Homes in Paxton-Darlington had an average of 59 days on market in Mar 2024, down by 49.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 2 homes were sold in Paxton-Darlington; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 18 Days Ago

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