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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wimauma is a seller's market

Buyer's
Market

Difference Since February 2023

At the same time last year, Wimauma was a Buyer's Market.

Key Takeaway

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

Housing Prices in Wimauma, FL

How much do homes in Wimauma, FL cost?

Median Sold Price

$388,818

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$21,181(-5.2%)

Key Takeaway

Homes in Wimauma have sold for 5.2% less than they did a year ago.

Summary: The median home sold price in Wimauma was $388,818 in February 2024, down 5.2% from last year, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 -$245K
N/A
2 $402.3K$417.2K
+3.7%
3 $389K$346.2K
-11.0%
4 $410K$379.9K
-7.3%
5+ $420K$423.9K
+0.9%

Summary: Wimauma housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.7%, 3 bedroom homes decreased by 11%, 4 bedroom homes decreased by 7.3%, and 5+ bedroom homes increased by 0.9%.

Median Sold Price Compared To Nearby Cities

Riverview
-1.4%
Sun City Center
-1.5%
Ruskin
-4.1%
Parrish
-5.0%
Wimauma
-5.2%

Housing Supply in Wimauma, FL

How many homes are available in Wimauma, FL?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
323320-0.9%

Summary: The Wimauma real estate market had 320 homes for sale in February 2024, a 0.9% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 22
0.0%
2 3844
+15.8%
3 112117
+4.5%
4 9888
-10.2%
5+ 7369
-5.5%

Summary: The Wimauma housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 15.8%, 3 bedroom homes increased by 4.5%, 4 bedroom homes decreased by 10.2%, and 5+ bedroom homes decreased by 5.5%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
4561+35.6%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

34 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wimauma, expect to pay close to the asking price. 55.7% of homes here sold near the asking price last month.

Summary: A total of 61 homes were sold or pending in Wimauma in February 2024, up by 35.6% month-over-month. Of the 61 sold homes, 34% were sold under asking, 56% were sold at asking, and 10% were sold over asking.

Days on Market for Wimauma, FL

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

Average Sale Time

Feb 2023Feb 2024CHANGE
58 Days92 Days+58.5%

Summary: Homes in Wimauma had an average of 92 days on market in Feb 2024, up by 58.5% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

24 Homes Were Sold
In 30 - 90 Days

23 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 61 homes were sold in Wimauma; 23% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 38% 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 28 Days Ago

Newest Listings in Wimauma, FL

Nearby Markets to Wimauma, FL

What housing markets are near Wimauma, FL?