Is Sulphur Springs, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Sulphur Springs has remained a Seller's Market.
Housing Prices in Sulphur Springs, FL
How much do homes in Sulphur Springs, FL cost?
Median Sold Price
$260,000
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Sulphur Springs was $260,000 in April 2024, up 6.1% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $100K | $79K | -21.0% |
2 Bedrooms | $180K | $192K | +6.7% |
3 Bedrooms | $250K | $285K | +14.0% |
4 Bedrooms | $292K | $277.5K | -5.0% |
5+ Bedrooms | $337.5K | $357K | +5.8% |
Summary: Sulphur Springs housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 14%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes increased by 5.8%.
Median Sold Price Compared To Nearby Neighborhoods
Old Seminole Heights | $395K | $425K | +7.6% |
North Tampa Community | $263K | $282K | +7.2% |
Sulphur Springs | $245K | $260K | +6.1% |
Temple Crest | $287K | $302K | +5.2% |
Housing Supply in Sulphur Springs, FL
How many homes are available in Sulphur Springs, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
70 | 70 | 0.0% |
Summary: The Sulphur Springs real estate market had 70 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 14 | 15 | +7.1% |
3 Bedrooms | 43 | 44 | +2.3% |
4 Bedrooms | 10 | 7 | -30.0% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Sulphur Springs 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 increased by 7.1%, 3 bedroom homes increased by 2.3%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 13 | +18.2% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Sulphur Springs in April 2024, up by 18.2% month-over-month. Of the 13 sold homes, 54% were sold under asking, 38% were sold at asking, and 8% were sold over asking.
Days on Market for Sulphur Springs, FL
How long does it take to sell a home in Sulphur Springs, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
40 Days | 30 Days | -26.1% |
Summary: Homes in Sulphur Springs had an average of 30 days on market in Apr 2024, down by 26.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 13 homes were sold in Sulphur Springs; 54% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.