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

Housing Market Conditions



Gauge showing Sumterville is a neutral's market


Difference Since November 2022

At the same time last year, Sumterville was a Buyer's Market.

Key Takeaway

Sumterville is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Sumterville, FL

How much do homes in Sumterville, FL cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since November 2022


Key Takeaway

Homes in Sumterville have sold for 35.5% more than they did a year ago.

Summary: The median home sold price in Sumterville was $420,000 in November 2023, up 35.5% from last year, and the median price per square foot was $261.

Median Sold Price By Bedroom Count

# BEDSNov 2022Nov 2023CHANGE
1 -$267.5K
2 $228.5K$297.5K
3 $314.9K$447.4K
4 -$500K
5+ $600K$1.5M

Summary: Sumterville housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 30.2%, 3 bedroom homes increased by 42.1%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 150%.

Median Sold Price Compared To Nearby Cities


Housing Supply in Sumterville, FL

How many homes are available in Sumterville, FL?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE

Summary: The Sumterville real estate market had 28 homes for sale in November 2023, a 7.7% increase compared to October 2023.

Homes For Sale By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 11
2 66
3 1820
4 11
5+ 00

Summary: The Sumterville housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2023Nov 2023CHANGE

Asking Price vs. Sold Price

3 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 Sumterville, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Sumterville in November 2023, down by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% 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

Nov 2022Nov 2023CHANGE
85 Days35 Days-58.5%

Summary: Homes in Sumterville had an average of 35 days on market in Nov 2023, down by 58.5% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2023, 4 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 3 Days Ago

Newest Listings in Sumterville, FL

Nearby Markets to Sumterville, FL

What housing markets are near Sumterville, FL?