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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sneads is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Sneads, FL

How much do homes in Sneads, FL cost?

Median Sold Price

$406,550

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$161,550(+65.9%)

Key Takeaway

Homes in Sneads have sold for 65.9% more than they did a year ago.

Summary: The median home sold price in Sneads was $406,550 in April 2024, up 65.9% from last year, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $302.5K$95K
-68.6%
3 $197.5K$161K
-18.5%
4 $275.6K$411.9K
+49.5%
5+ $715K$457.9K
-35.9%

Summary: Sneads housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 68.6%, 3 bedroom homes decreased by 18.5%, 4 bedroom homes increased by 49.5%, and 5+ bedroom homes decreased by 35.9%.

Housing Supply in Sneads, FL

How many homes are available in Sneads, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2419-20.8%

Summary: The Sneads real estate market had 19 homes for sale in April 2024, a 20.8% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 55
0.0%
4 118
-27.3%
5+ 65
-16.7%

Summary: The Sneads 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 decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 27.3%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
97-22.2%

Asking Price vs. Sold Price

6 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 Sneads, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Sneads in April 2024, down by 22.2% month-over-month. Of the 7 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% were sold over asking.

Days on Market for Sneads, FL

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

Average Sale Time

Apr 2023Apr 2024CHANGE
18 Days57 Days+217.5%

Summary: Homes in Sneads had an average of 57 days on market in Apr 2024, up by 217.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Sneads has remained consistent over time.

Summary: During April 2024, 7 homes were sold in Sneads; 14% of homes were sold within 30 days, 86% 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 10 Days Ago

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