Is Pierson, 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, Pierson was a Neutral Market.
Key Takeaway
Pierson is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Pierson, FL
How much do homes in Pierson, FL cost?
Median Sold Price
$370,000
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Pierson have sold for 26% less than they did a year ago.
Summary: The median home sold price in Pierson was $370,000 in March 2024, down 26% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $375K | N/A |
| 2 Bedrooms | $163.5K | $400K | +144.6% |
| 3 Bedrooms | $2.0M | $325K | -84.1% |
| 4 Bedrooms | $710K | $562.5K | -20.8% |
| 5+ Bedrooms | - | - | N/A |
Summary: Pierson 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 144.6%, 3 bedroom homes decreased by 84.1%, 4 bedroom homes decreased by 20.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Pierson-Seville | $417.5K | $353K | -15.4% |
| Pierson | $500K | $370K | -26.0% |
Housing Supply in Pierson, FL
How many homes are available in Pierson, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 10 | +11.1% |
Summary: The Pierson real estate market had 10 homes for sale in March 2024, a 11.1% 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 | 1 | 0 | -100.0% |
| 3 Bedrooms | 7 | 8 | +14.3% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Pierson 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 decreased by 100%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pierson, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Pierson in March 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Pierson, FL
How long does it take to sell a home in Pierson, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 118 Days | 10 Days | -91.5% |
Summary: Homes in Pierson had an average of 10 days on market in Mar 2024, down by 91.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pierson are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 1 homes were sold in Pierson; 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.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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