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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Titusville is a neutral'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

+$20,354(+7.4%)

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

# BEDSNov 2022Nov 2023CHANGE
1 $99K$106.5K
+7.6%
2 $175K$205.6K
+17.5%
3 $279.7K$294.8K
+5.4%
4 $353K$379.6K
+7.5%
5+ $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
+7.4%
Mims
-4.8%

Housing Supply in Titusville, FL

How many homes are available in Titusville, FL?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE
497512+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

# BEDSOct 2023Nov 2023CHANGE
1 1717
0.0%
2 9398
+5.4%
3 231239
+3.5%
4 144145
+0.7%
5+ 1213
+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 2023Nov 2023CHANGE
8677-10.5%

Asking Price vs. Sold Price

42 Homes Were Sold
Under Asking

25 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

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 2022Nov 2023CHANGE
25 Days21 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

Breakdown of Home Sale Times

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.

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

Report Updated 2 Days Ago

Newest Listings in Titusville, FL

Nearby Markets to Titusville, FL

What housing markets are near Titusville, FL?