Is Sumterville, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Sumterville was a Seller's Market.
Housing Prices in Sumterville, FL
How much do homes in Sumterville, FL cost?
Median Sold Price
$399,950
$259/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Sumterville was $399,950 in June 2024, up 13.1% from last year, and the median price per square foot was $259.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $267.5K | $273.9K | +2.4% |
2 Bedrooms | $310K | $287.5K | -7.3% |
3 Bedrooms | $385K | $407.5K | +5.8% |
4 Bedrooms | $500K | $480K | -4.0% |
5+ Bedrooms | $1.5M | $770K | -48.7% |
Summary: Sumterville housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.4%, 2 bedroom homes decreased by 7.3%, 3 bedroom homes increased by 5.8%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes decreased by 48.7%.
Median Sold Price Compared To Nearby Cities
Sumterville | $353.6K | $399.9K | +13.1% |
Wildwood | $308.6K | $323.9K | +5.0% |
Leesburg | $295K | $300K | +1.7% |
Howey-in-the-Hills-Okahumpka | $330K | $325K | -1.5% |
Housing Supply in Sumterville, FL
How many homes are available in Sumterville, FL?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
46 | 48 | +4.3% |
Summary: The Sumterville real estate market had 48 homes for sale in June 2024, a 4.3% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 10 | 11 | +10.0% |
3 Bedrooms | 32 | 30 | -6.3% |
4 Bedrooms | 3 | 6 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Sumterville housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 10%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
6 | 6 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Sumterville in June 2024, the same as the previous month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.
Days on Market for Sumterville, FL
How long does it take to sell a home in Sumterville, FL?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
53 Days | 34 Days | -36.3% |
Summary: Homes in Sumterville had an average of 34 days on market in Jun 2024, down by 36.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 6 homes were sold in Sumterville; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.