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 March 2023

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

$299,000

$195/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$9,000(+3.1%)

Key Takeaway

Homes in Titusville have sold for 3.1% more than they did a year ago.

Summary: The median home sold price in Titusville was $299,000 in March 2024, up 3.1% from last year, and the median price per square foot was $195.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $99K$113K
+14.1%
2 $189.9K$200K
+5.3%
3 $290.5K$295.1K
+1.6%
4 $375K$369.2K
-1.5%
5+ $475K$439.9K
-7.4%

Summary: Titusville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.1%, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 1.6%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes decreased by 7.4%.

Median Sold Price Compared To Nearby Cities

Titusville
+3.1%
Mims
-4.3%

Housing Supply in Titusville, FL

How many homes are available in Titusville, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
523568+8.6%

Summary: The Titusville real estate market had 568 homes for sale in March 2024, a 8.6% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 1718
+5.9%
2 95120
+26.3%
3 265269
+1.5%
4 129140
+8.5%
5+ 1721
+23.5%

Summary: The Titusville housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 5.9%, 2 bedroom homes increased by 26.3%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes increased by 23.5%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
7492+24.3%

Asking Price vs. Sold Price

51 Homes Were Sold
Under Asking

25 Homes Were Sold
At Asking

16 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. 55.4% of homes here sold below asking price last month.

Summary: A total of 92 homes were sold or pending in Titusville in March 2024, up by 24.3% month-over-month. Of the 92 sold homes, 55% were sold under asking, 27% were sold at asking, and 17% 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

Mar 2023Mar 2024CHANGE
59 Days60 Days+1.5%

Summary: Homes in Titusville had an average of 60 days on market in Mar 2024, up by 1.5% compared to last year.

Breakdown of Home Sale Times

39 Homes Were Sold
Under 30 Days

31 Homes Were Sold
In 30 - 90 Days

22 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 March 2024, 92 homes were sold in Titusville; 42% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 24% 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 19 Days Ago

Newest Listings in Titusville, FL

Nearby Markets to Titusville, FL

What housing markets are near Titusville, FL?