Is Plant City, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Plant City has remained a Seller's Market.
Key Takeaway
Plant City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Plant City, FL
How much do homes in Plant City, FL cost?
Median Sold Price
$361,223
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Plant City have sold for 6.8% more than they did a year ago.
Summary: The median home sold price in Plant City was $361,223 in June 2024, up 6.8% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $140.4K | $170K | +21.0% |
| 2 Bedrooms | $225K | $235K | +4.4% |
| 3 Bedrooms | $325K | $330K | +1.5% |
| 4 Bedrooms | $400K | $419.2K | +4.8% |
| 5+ Bedrooms | $439.9K | $479K | +8.9% |
Summary: Plant City housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21%, 2 bedroom homes increased by 4.4%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 8.9%.
Median Sold Price Compared To Nearby Cities
| Plant City | $338.2K | $361.2K | +6.8% |
| Lakeland | $310.5K | $315K | +1.4% |
Housing Supply in Plant City, FL
How many homes are available in Plant City, FL?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 368 | 323 | -12.2% |
Summary: The Plant City real estate market had 323 homes for sale in June 2024, a 12.2% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 30 | 21 | -30.0% |
| 3 Bedrooms | 186 | 170 | -8.6% |
| 4 Bedrooms | 110 | 102 | -7.3% |
| 5+ Bedrooms | 39 | 28 | -28.2% |
Summary: The Plant City housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 30%, 3 bedroom homes decreased by 8.6%, 4 bedroom homes decreased by 7.3%, and 5+ bedroom homes decreased by 28.2%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 95 | 61 | -35.8% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
29 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Plant City, expect to pay close to the asking price. 47.5% of homes here sold near the asking price last month.
Summary: A total of 61 homes were sold or pending in Plant City in June 2024, down by 35.8% month-over-month. Of the 61 sold homes, 34% were sold under asking, 48% were sold at asking, and 18% were sold over asking.
Days on Market for Plant City, FL
How long does it take to sell a home in Plant City, FL?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 32 Days | 40 Days | +26.0% |
Summary: Homes in Plant City had an average of 40 days on market in Jun 2024, up by 26% compared to last year.
Breakdown of Home Sale Times
31 Homes Were Sold
Under 30 Days
23 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Plant City are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 61 homes were sold in Plant City; 51% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
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Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.