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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Titusville is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Titusville was a Seller's Market.

Key Takeaway

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

Housing Prices in Titusville, FL

How much do homes in Titusville, FL cost?

Median Sold Price

$304,772

$193/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$8,800(+3.0%)

Key Takeaway

Homes in Titusville have sold for 3% more than they did a year ago.

Summary: The median home sold price in Titusville was $304,772 in November 2024, up 3% from last year, and the median price per square foot was $193.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $110.5K$125K
+13.1%
2 $204K$191.2K
-6.3%
3 $295K$297.5K
+0.9%
4 $380K$375K
-1.3%
5+ $444.9K$487.5K
+9.6%

Summary: Titusville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.1%, 2 bedroom homes decreased by 6.3%, 3 bedroom homes increased by 0.9%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes increased by 9.6%.

Median Sold Price Compared To Nearby Cities

Mims
+8.8%
Titusville
+3.0%

Housing Supply in Titusville, FL

How many homes are available in Titusville, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
570607+6.5%

Summary: The Titusville real estate market had 607 homes for sale in November 2024, a 6.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1317
+30.8%
2 103124
+20.4%
3 261279
+6.9%
4 166159
-4.2%
5+ 2728
+3.7%

Summary: The Titusville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 30.8%, 2 bedroom homes increased by 20.4%, 3 bedroom homes increased by 6.9%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes increased by 3.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
8266-19.5%

Asking Price vs. Sold Price

39 Homes Were Sold
Under Asking

21 Homes Were Sold
At Asking

6 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. 59.1% of homes here sold below asking price last month.

Summary: A total of 66 homes were sold or pending in Titusville in November 2024, down by 19.5% month-over-month. Of the 66 sold homes, 59% were sold under asking, 32% were sold at asking, and 9% 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 2023Nov 2024CHANGE
40 Days59 Days+46.4%

Summary: Homes in Titusville had an average of 59 days on market in Nov 2024, up by 46.4% compared to last year.

Breakdown of Home Sale Times

23 Homes Were Sold
Under 30 Days

28 Homes Were Sold
In 30 - 90 Days

15 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Titusville has remained consistent over time.

Summary: During November 2024, 66 homes were sold in Titusville; 35% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 23% 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 5 Days Ago

Newest Listings in Titusville, FL

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