Is Shenandoah, 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, Shenandoah was a Seller's Market.
Housing Prices in Shenandoah, FL
How much do homes in Shenandoah, FL cost?
Median Sold Price
$670,000
$490/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Shenandoah was $670,000 in March 2024, up 3.1% from last year, and the median price per square foot was $490.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $331.9K | $332.5K | 0.2% |
2 Bedrooms | $550K | $578K | +5.1% |
3 Bedrooms | $775K | $777.5K | 0.3% |
4 Bedrooms | $865K | $1.0M | +18.5% |
5+ Bedrooms | $1.2M | $1.1M | -9.3% |
Summary: Shenandoah housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.2%, 2 bedroom homes increased by 5.1%, 3 bedroom homes increased by 0.3%, 4 bedroom homes increased by 18.5%, and 5+ bedroom homes decreased by 9.3%.
Median Sold Price Compared To Nearby Neighborhoods
Douglas Park | $555K | $655K | +18.0% |
Shenandoah | $650K | $670K | +3.1% |
Silverbluff Estates | $700K | $712.5K | +1.8% |
Housing Supply in Shenandoah, FL
How many homes are available in Shenandoah, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
132 | 142 | +7.6% |
Summary: The Shenandoah real estate market had 142 homes for sale in March 2024, a 7.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 18 | 16 | -11.1% |
2 Bedrooms | 32 | 37 | +15.6% |
3 Bedrooms | 40 | 37 | -7.5% |
4 Bedrooms | 29 | 34 | +17.2% |
5+ Bedrooms | 13 | 18 | +38.5% |
Summary: The Shenandoah housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 11.1%, 2 bedroom homes increased by 15.6%, 3 bedroom homes decreased by 7.5%, 4 bedroom homes increased by 17.2%, and 5+ bedroom homes increased by 38.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
22 | 20 | -9.1% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in Shenandoah in March 2024, down by 9.1% month-over-month. Of the 20 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Shenandoah, FL
How long does it take to sell a home in Shenandoah, FL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
71 Days | 70 Days | -0.4% |
Summary: Homes in Shenandoah had an average of 70 days on market in Mar 2024, down by 0.4% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During March 2024, 20 homes were sold in Shenandoah; 35% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 35% of homes were sold over 90 days.