$8,788 Closing Credit*
$740,000
3,531 SqFt
5 Beds
•4 Full Baths
Kendra Wilson, Listing Office: BHHS FLORIDA PROPERTIES GROUP
Is Wesley Chapel, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Wesley Chapel has remained a Seller's Market.
Key Takeaway
Wesley Chapel is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wesley Chapel, FL
How much do homes in Wesley Chapel, FL cost?
Median Sold Price
$431,293
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$22,591(+5.5%)
Key Takeaway
Homes in Wesley Chapel have sold for 5.5% more than they did a year ago.
Summary: The median home sold price in Wesley Chapel was $431,293 in September 2024, up 5.5% from last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $42.2K | $154K | +264.5% |
| 2 Bedrooms | $292.9K | $298K | +1.7% |
| 3 Bedrooms | $343.9K | $351.8K | +2.3% |
| 4 Bedrooms | $465.8K | $489.8K | +5.2% |
| 5+ Bedrooms | $669.5K | $631.3K | -5.7% |
Summary: Wesley Chapel housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 264.5%, 2 bedroom homes increased by 1.7%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes decreased by 5.7%.
Median Sold Price Compared To Nearby Cities
| Wesley Chapel | $408.7K | $431.2K | +5.5% |
| Lutz | $477.9K | $500K | +4.6% |
| Central Pasco | $409.2K | $418K | +2.2% |
| Thonotosassa | $395K | $385K | -2.5% |
| Land O Lakes | $429.3K | $410K | -4.5% |
Housing Supply in Wesley Chapel, FL
How many homes are available in Wesley Chapel, FL?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 972 | 881 | -9.4% |
Summary: The Wesley Chapel real estate market had 881 homes for sale in September 2024, a 9.4% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 49 | 54 | +10.2% |
| 3 Bedrooms | 416 | 368 | -11.5% |
| 4 Bedrooms | 338 | 306 | -9.5% |
| 5+ Bedrooms | 168 | 152 | -9.5% |
Summary: The Wesley Chapel housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 10.2%, 3 bedroom homes decreased by 11.5%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes decreased by 9.5%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 193 | 148 | -23.3% |
Asking Price vs. Sold Price
73 Homes Were Sold
Under Asking
63 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wesley Chapel, you may be able to get a good deal. 49.3% of homes here sold below asking price last month.
Summary: A total of 148 homes were sold or pending in Wesley Chapel in September 2024, down by 23.3% month-over-month. Of the 148 sold homes, 49% were sold under asking, 43% were sold at asking, and 8% were sold over asking.
Days on Market for Wesley Chapel, FL
How long does it take to sell a home in Wesley Chapel, FL?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 35 Days | 51 Days | +45.0% |
Summary: Homes in Wesley Chapel had an average of 51 days on market in Sep 2024, up by 45% compared to last year.
Breakdown of Home Sale Times
61 Homes Were Sold
Under 30 Days
63 Homes Were Sold
In 30 - 90 Days
24 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Wesley Chapel has remained consistent over time.
Summary: During September 2024, 148 homes were sold in Wesley Chapel; 41% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
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Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.