Is Sun City Center, 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, Sun City Center was a Seller's Market.
Key Takeaway
Sun City Center is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Sun City Center, FL
How much do homes in Sun City Center, FL cost?
Median Sold Price
$319,998
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Sun City Center have sold for 1.5% less than they did a year ago.
Summary: The median home sold price in Sun City Center was $319,998 in March 2024, down 1.5% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $130K | $132.5K | +1.9% |
| 2 Bedrooms | $275K | $270.7K | -1.6% |
| 3 Bedrooms | $375K | $360K | -4.0% |
| 4 Bedrooms | $399.9K | $385K | -3.7% |
| 5+ Bedrooms | $429K | $489.9K | +14.2% |
Summary: Sun City Center housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.9%, 2 bedroom homes decreased by 1.6%, 3 bedroom homes decreased by 4%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes increased by 14.2%.
Median Sold Price Compared To Nearby Cities
| Sun City Center | $325K | $319.9K | -1.5% |
| Riverview | $395.2K | $389.3K | -1.5% |
| Wimauma | $406.4K | $389.9K | -4.1% |
| Ruskin | $370.3K | $353.9K | -4.4% |
| Apollo Beach | $495.1K | $465K | -6.1% |
Housing Supply in Sun City Center, FL
How many homes are available in Sun City Center, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 509 | 560 | +10.0% |
Summary: The Sun City Center real estate market had 560 homes for sale in March 2024, a 10.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 26 | 25 | -3.8% |
| 2 Bedrooms | 304 | 333 | +9.5% |
| 3 Bedrooms | 115 | 122 | +6.1% |
| 4 Bedrooms | 44 | 57 | +29.5% |
| 5+ Bedrooms | 20 | 23 | +15.0% |
Summary: The Sun City Center housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 3.8%, 2 bedroom homes increased by 9.5%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 29.5%, and 5+ bedroom homes increased by 15%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 78 | 77 | -1.3% |
Asking Price vs. Sold Price
53 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sun City Center, you may be able to get a good deal. 68.8% of homes here sold below asking price last month.
Summary: A total of 77 homes were sold or pending in Sun City Center in March 2024, down by 1.3% month-over-month. Of the 77 sold homes, 69% were sold under asking, 25% were sold at asking, and 6% were sold over asking.
Days on Market for Sun City Center, FL
How long does it take to sell a home in Sun City Center, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 42 Days | 56 Days | +32.2% |
Summary: Homes in Sun City Center had an average of 56 days on market in Mar 2024, up by 32.2% compared to last year.
Breakdown of Home Sale Times
35 Homes Were Sold
Under 30 Days
25 Homes Were Sold
In 30 - 90 Days
17 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sun City Center are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 77 homes were sold in Sun City Center; 45% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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