Is Tarpon Springs Historic District, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tarpon Springs Historic District is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Tarpon Springs Historic District was a Seller's Market.

Key Takeaway

Tarpon Springs Historic District is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Tarpon Springs Historic District, FL

How much do homes in Tarpon Springs Historic District, FL cost?

Median Sold Price

$369,500

$288/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$38,000(-9.3%)

Key Takeaway

Homes in Tarpon Springs Historic District have sold for 9.3% less than they did a year ago.

Summary: The median home sold price in Tarpon Springs Historic District was $369,500 in March 2024, down 9.3% from last year, and the median price per square foot was $288.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $160K$176K
+10.0%
2 $339K$332.2K
-2.0%
3 $437.5K$472.5K
+8.0%
4 $510K$450K
-11.8%
5+ $799.9K$955K
+19.4%

Summary: Tarpon Springs Historic District housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10%, 2 bedroom homes decreased by 2%, 3 bedroom homes increased by 8%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes increased by 19.4%.

Median Sold Price Compared To Nearby Neighborhoods

Downtown Tarpon Springs
+15.7%
Tarpon Springs Historic District
-9.3%

Housing Supply in Tarpon Springs Historic District, FL

How many homes are available in Tarpon Springs Historic District, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2932+10.3%

Summary: The Tarpon Springs Historic District real estate market had 32 homes for sale in March 2024, a 10.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 1113
+18.2%
3 1010
0.0%
4 55
0.0%
5+ 23
+50.0%

Summary: The Tarpon Springs Historic District housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 18.2%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tarpon Springs Historic District, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Tarpon Springs Historic District in March 2024, up by 100.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Tarpon Springs Historic District, FL

How long does it take to sell a home in Tarpon Springs Historic District, FL?

Average Sale Time

Mar 2023Mar 2024CHANGE
53 Days87 Days+63.8%

Summary: Homes in Tarpon Springs Historic District had an average of 87 days on market in Mar 2024, up by 63.8% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Tarpon Springs Historic District has remained consistent over time.

Summary: During March 2024, 4 homes were sold in Tarpon Springs Historic District; 0% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 25% 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 28 Days Ago

Newest Listings in Tarpon Springs Historic District, FL

Nearby Markets to Tarpon Springs Historic District, FL