Is Wimauma, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
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
$384,990
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Key Takeaway
Homes in Wimauma have sold for 4.9% less than they did a year ago.
Summary: The median home sold price in Wimauma was $384,990 in November 2023, down 4.9% from last year, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $401.1K | $415K | +3.5% |
| 3 Bedrooms | $395K | $347.9K | -11.9% |
| 4 Bedrooms | $400K | $379.9K | -5.0% |
| 5+ Bedrooms | $421.5K | $415.9K | -1.3% |
Summary: Wimauma housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.5%, 3 bedroom homes decreased by 11.9%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes decreased by 1.3%.
Median Sold Price Compared To Nearby Cities
| Riverview | $391.8K | $389.9K | -0.5% |
| Sun City Center | $319.9K | $314.3K | -1.7% |
| Ruskin | $364.7K | $356.3K | -2.3% |
| Parrish | $469.4K | $450K | -4.1% |
| Wimauma | $404.9K | $384.9K | -4.9% |
Housing Supply in Wimauma, FL
How many homes are available in Wimauma, FL?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 323 | 310 | -4.0% |
Summary: The Wimauma real estate market had 310 homes for sale in November 2023, a 4.0% decrease compared to October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 39 | 45 | +15.4% |
| 3 Bedrooms | 126 | 108 | -14.3% |
| 4 Bedrooms | 103 | 95 | -7.8% |
| 5+ Bedrooms | 54 | 61 | +13.0% |
Summary: The Wimauma housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 15.4%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 7.8%, and 5+ bedroom homes increased by 13%.
Number of Homes Sold
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 53 | 54 | +1.9% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
35 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wimauma, expect to pay close to the asking price. 64.8% of homes here sold near the asking price last month.
Summary: A total of 54 homes were sold or pending in Wimauma in November 2023, up by 1.9% month-over-month. Of the 54 sold homes, 28% were sold under asking, 65% were sold at asking, and 7% 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
| Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|
| 34 Days | 60 Days | +74.0% |
Summary: Homes in Wimauma had an average of 60 days on market in Nov 2023, up by 74% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Wimauma are selling fast, if you're buying plan to act quickly.
Summary: During November 2023, 54 homes were sold in Wimauma; 54% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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