Is Wilton Manors, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wilton Manors is a buyer's market

Buyer's
Market

Difference Since December 2023

Since last year, Wilton Manors has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Wilton Manors, FL

How much do homes in Wilton Manors, FL cost?

Median Sold Price

$576,000

$392/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$7,025(-1.2%)

Key Takeaway

Homes in Wilton Manors have sold for 1.2% less than they did a year ago.

Summary: The median home sold price in Wilton Manors was $576,000 in December 2024, down 1.2% from last year, and the median price per square foot was $392.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $185K$185K
0.0%
2 $406K$450K
+10.8%
3 $710K$785K
+10.6%
4 $900K$1.3M
+44.4%
5+ $715K$620K
-13.3%

Summary: Wilton Manors housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.8%, 3 bedroom homes increased by 10.6%, 4 bedroom homes increased by 44.4%, and 5+ bedroom homes decreased by 13.3%.

Median Sold Price Compared To Nearby Cities

Fort Lauderdale
+4.7%
Oakland Park
+3.2%
Wilton Manors
-1.2%

Housing Supply in Wilton Manors, FL

How many homes are available in Wilton Manors, FL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
5766+15.8%

Summary: The Wilton Manors real estate market had 66 homes for sale in December 2024, a 15.8% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 910
+11.1%
2 1718
+5.9%
3 1720
+17.6%
4 1013
+30.0%
5+ 45
+25.0%

Summary: The Wilton Manors housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 5.9%, 3 bedroom homes increased by 17.6%, 4 bedroom homes increased by 30%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wilton Manors, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Wilton Manors in December 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Wilton Manors, FL

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

Average Sale Time

Dec 2023Dec 2024CHANGE
31 Days90 Days+184.2%

Summary: Homes in Wilton Manors had an average of 90 days on market in Dec 2024, up by 184.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Wilton Manors are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During December 2024, 3 homes were sold in Wilton Manors; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% 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 15 Days Ago

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