Is Allen Creek, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Allen Creek is a neutral's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Allen Creek was a Seller's Market.

Key Takeaway

Allen Creek is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Allen Creek, FL

How much do homes in Allen Creek, FL cost?

Median Sold Price

$429,000

$281/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$35,300(-7.6%)

Key Takeaway

Homes in Allen Creek have sold for 7.6% less than they did a year ago.

Summary: The median home sold price in Allen Creek was $429,000 in September 2024, down 7.6% from last year, and the median price per square foot was $281.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $124K$122K
-1.6%
2 $232.5K$318.5K
+37.0%
3 $515K$465K
-9.7%
4 $656.9K$640K
-2.6%
5+ $735K$950K
+29.3%

Summary: Allen Creek housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.6%, 2 bedroom homes increased by 37%, 3 bedroom homes decreased by 9.7%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes increased by 29.3%.

Median Sold Price Compared To Nearby Neighborhoods

Keene Acres
+13.7%
Imperial Courts
-3.4%
Allen Creek
-7.6%

Housing Supply in Allen Creek, FL

How many homes are available in Allen Creek, FL?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
5449-9.3%

Summary: The Allen Creek real estate market had 49 homes for sale in September 2024, a 9.3% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 59
+80.0%
2 1914
-26.3%
3 1616
0.0%
4 117
-36.4%
5+ 33
0.0%

Summary: The Allen Creek housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 80%, 2 bedroom homes decreased by 26.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 36.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
127-41.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Allen Creek, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Allen Creek in September 2024, down by 41.7% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.

Days on Market for Allen Creek, FL

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

Average Sale Time

Sep 2023Sep 2024CHANGE
14 Days43 Days+200.4%

Summary: Homes in Allen Creek had an average of 43 days on market in Sep 2024, up by 200.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Allen Creek has remained consistent over time.

Summary: During September 2024, 7 homes were sold in Allen Creek; 29% of homes were sold within 30 days, 71% of homes were sold within 30 to 90 days, and 0% 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 30 Days Ago

Newest Listings in Allen Creek, FL

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