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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Valrico is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Valrico has remained a Seller's Market.

Key Takeaway

Valrico is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Valrico, FL

How much do homes in Valrico, FL cost?

Median Sold Price

$425,000

$218/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$1,000(+0.2%)

Key Takeaway

The sold price of homes in Valrico has remained the same since last year.

Summary: The median home sold price in Valrico was $425,000 in May 2024, up 0.2% from last year, and the median price per square foot was $218.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 -$152K
N/A
2 $249.5K$240K
-3.8%
3 $357.8K$365K
+2.0%
4 $485K$479.3K
-1.2%
5+ $620K$602.5K
-2.8%

Summary: Valrico housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.8%, 3 bedroom homes increased by 2%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes decreased by 2.8%.

Median Sold Price Compared To Nearby Cities

Seffner
+2.5%
Brandon
+1.8%
Wimauma-Riverview
+0.6%
Valrico
0.2%
Dover
-3.6%

Housing Supply in Valrico, FL

How many homes are available in Valrico, FL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
335356+6.3%

Summary: The Valrico real estate market had 356 homes for sale in May 2024, a 6.3% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 1416
+14.3%
3 145144
-0.7%
4 142161
+13.4%
5+ 3435
+2.9%

Summary: The Valrico housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes increased by 13.4%, and 5+ bedroom homes increased by 2.9%.

Number of Homes Sold

Apr 2024May 2024CHANGE
7177+8.5%

Asking Price vs. Sold Price

39 Homes Were Sold
Under Asking

25 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Valrico, you may be able to get a good deal. 50.6% of homes here sold below asking price last month.

Summary: A total of 77 homes were sold or pending in Valrico in May 2024, up by 8.5% month-over-month. Of the 77 sold homes, 51% were sold under asking, 32% were sold at asking, and 17% were sold over asking.

Days on Market for Valrico, FL

How long does it take to sell a home in Valrico, FL?

Average Sale Time

May 2023May 2024CHANGE
34 Days35 Days+2.8%

Summary: Homes in Valrico had an average of 35 days on market in May 2024, up by 2.8% compared to last year.

Breakdown of Home Sale Times

45 Homes Were Sold
Under 30 Days

23 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Valrico are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 77 homes were sold in Valrico; 58% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 12% 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 20 Days Ago

Newest Listings in Valrico, FL

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