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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ruskin is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Ruskin was a Seller's Market.

Key Takeaway

Ruskin 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 Ruskin, FL

How much do homes in Ruskin, FL cost?

Median Sold Price

$353,951

$199/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$16,422(-4.4%)

Key Takeaway

Homes in Ruskin have sold for 4.4% less than they did a year ago.

Summary: The median home sold price in Ruskin was $353,951 in March 2024, down 4.4% from last year, and the median price per square foot was $199.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $140K$138.9K
-0.7%
2 $280K$274.6K
-1.9%
3 $380K$354.6K
-6.7%
4 $427.5K$424.1K
-0.8%
5+ $443K$489K
+10.4%

Summary: Ruskin housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.7%, 2 bedroom homes decreased by 1.9%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes increased by 10.4%.

Median Sold Price Compared To Nearby Cities

Sun City Center
-1.5%
Wimauma
-4.1%
Ruskin
-4.4%
Apollo Beach
-6.1%

Housing Supply in Ruskin, FL

How many homes are available in Ruskin, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1,1711,250+6.7%

Summary: The Ruskin real estate market had 1,250 homes for sale in March 2024, a 6.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 3637
+2.8%
2 397430
+8.3%
3 377390
+3.4%
4 283303
+7.1%
5+ 7890
+15.4%

Summary: The Ruskin housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 2.8%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 15.4%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
173191+10.4%

Asking Price vs. Sold Price

120 Homes Were Sold
Under Asking

54 Homes Were Sold
At Asking

17 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ruskin, you may be able to get a good deal. 62.8% of homes here sold below asking price last month.

Summary: A total of 191 homes were sold or pending in Ruskin in March 2024, up by 10.4% month-over-month. Of the 191 sold homes, 63% were sold under asking, 28% were sold at asking, and 9% were sold over asking.

Days on Market for Ruskin, FL

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

Average Sale Time

Mar 2023Mar 2024CHANGE
49 Days62 Days+25.4%

Summary: Homes in Ruskin had an average of 62 days on market in Mar 2024, up by 25.4% compared to last year.

Breakdown of Home Sale Times

90 Homes Were Sold
Under 30 Days

58 Homes Were Sold
In 30 - 90 Days

43 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 191 homes were sold in Ruskin; 47% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 23% 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 25 Days Ago

Newest Listings in Ruskin, FL

Nearby Markets to Ruskin, FL

What housing markets are near Ruskin, FL?