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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Reddick is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Reddick was a Buyer's Market.

Key Takeaway

Reddick 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 Reddick, FL

How much do homes in Reddick, FL cost?

Median Sold Price

$235,000

$115/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$47,500(+25.3%)

Key Takeaway

Homes in Reddick have sold for 25.3% more than they did a month ago.

Summary: The median home sold price in Reddick was $235,000 in April 2024, up 25.3% from last month, and the median price per square foot was $115.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 -$35K
N/A
3 $187.5K-
N/A
4 -$589K
N/A
5+ -$235K
N/A

Summary: Reddick housing prices by bedroom type for April 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Reddick, FL

How many homes are available in Reddick, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
19190.0%

Summary: The Reddick real estate market had 19 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 22
0.0%
3 98
-11.1%
4 45
+25.0%
5+ 44
0.0%

Summary: The Reddick 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 11.1%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Reddick, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Reddick in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Reddick, FL

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

Average Sale Time

Mar 2024Apr 2024CHANGE
12 Days27 Days+116.0%

Summary: Homes in Reddick had an average of 27 days on market in Apr 2024, up by 116% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 3 homes were sold in Reddick; 67% of homes were sold within 30 days, 33% 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 3 Days Ago

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