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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Seffner is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Seffner has remained a Seller's Market.

Key Takeaway

Seffner is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Seffner, FL

How much do homes in Seffner, FL cost?

Median Sold Price

$355,000

$219/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$5,000(+1.4%)

Key Takeaway

Homes in Seffner have sold for 1.4% more than they did a year ago.

Summary: The median home sold price in Seffner was $355,000 in March 2024, up 1.4% from last year, and the median price per square foot was $219.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $212.5K$108K
-49.2%
2 $270K$256.5K
-5.0%
3 $335K$340K
+1.5%
4 $399.9K$421.5K
+5.4%
5+ $530K$537.5K
+1.4%

Summary: Seffner housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 49.2%, 2 bedroom homes decreased by 5%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 1.4%.

Median Sold Price Compared To Nearby Cities

Seffner
+1.4%
Brandon
+1.4%
Valrico
0.1%
Dover
-5.9%
Thonotosassa
-18.1%

Housing Supply in Seffner, FL

How many homes are available in Seffner, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
108106-1.9%

Summary: The Seffner real estate market had 106 homes for sale in March 2024, a 1.9% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 89
+12.5%
3 5246
-11.5%
4 3234
+6.3%
5+ 1617
+6.3%

Summary: The Seffner 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 12.5%, 3 bedroom homes decreased by 11.5%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 6.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2426+8.3%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Seffner, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.

Summary: A total of 26 homes were sold or pending in Seffner in March 2024, up by 8.3% month-over-month. Of the 26 sold homes, 54% were sold under asking, 27% were sold at asking, and 19% were sold over asking.

Days on Market for Seffner, FL

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

Average Sale Time

Mar 2023Mar 2024CHANGE
57 Days48 Days-15.4%

Summary: Homes in Seffner had an average of 48 days on market in Mar 2024, down by 15.4% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 26 homes were sold in Seffner; 50% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 31% 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 24 Days Ago

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