Is Titusville, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
At the same time last year, Titusville was a Seller's Market.
Key Takeaway
Titusville 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 Titusville, FL
How much do homes in Titusville, FL cost?
Median Sold Price
$295,354
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Key Takeaway
Homes in Titusville have sold for 7.4% more than they did a year ago.
Summary: The median home sold price in Titusville was $295,354 in November 2023, up 7.4% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $99K | $106.5K | +7.6% |
| 2 Bedrooms | $175K | $205.6K | +17.5% |
| 3 Bedrooms | $279.7K | $294.8K | +5.4% |
| 4 Bedrooms | $353K | $379.6K | +7.5% |
| 5+ Bedrooms | $449.9K | $439.9K | -2.2% |
Summary: Titusville housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes increased by 7.6%, 2 bedroom homes increased by 17.5%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes decreased by 2.2%.
Median Sold Price Compared To Nearby Cities
| Titusville | $275K | $295.3K | +7.4% |
| Mims | $350.5K | $333.8K | -4.8% |
Housing Supply in Titusville, FL
How many homes are available in Titusville, FL?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 497 | 512 | +3.0% |
Summary: The Titusville real estate market had 512 homes for sale in November 2023, a 3.0% increase compared to October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 17 | 17 | 0.0% |
| 2 Bedrooms | 93 | 98 | +5.4% |
| 3 Bedrooms | 231 | 239 | +3.5% |
| 4 Bedrooms | 144 | 145 | +0.7% |
| 5+ Bedrooms | 12 | 13 | +8.3% |
Summary: The Titusville 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 increased by 5.4%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes increased by 8.3%.
Number of Homes Sold
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 86 | 77 | -10.5% |
Asking Price vs. Sold Price
42 Homes Were Sold
Under Asking
25 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Titusville, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 77 homes were sold or pending in Titusville in November 2023, down by 10.5% month-over-month. Of the 77 sold homes, 55% were sold under asking, 32% were sold at asking, and 13% were sold over asking.
Days on Market for Titusville, FL
How long does it take to sell a home in Titusville, FL?
Average Sale Time
| Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|
| 25 Days | 21 Days | -17.0% |
Summary: Homes in Titusville had an average of 21 days on market in Nov 2023, down by 17% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Titusville are selling fast, if you're buying plan to act quickly.
Summary: During November 2023, 77 homes were sold in Titusville; 14% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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