Is Arcadia, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Arcadia was a Seller's Market.
Housing Prices in Arcadia, FL
How much do homes in Arcadia, FL cost?
Median Sold Price
$245,000
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Arcadia was $245,000 in April 2024, up 4.3% from last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $344K | $270K | -21.5% |
2 Bedrooms | $155K | $169.9K | +9.6% |
3 Bedrooms | $240.5K | $272.2K | +13.2% |
4 Bedrooms | $307.5K | $281K | -8.6% |
5+ Bedrooms | $322K | $446K | +38.5% |
Summary: Arcadia housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.5%, 2 bedroom homes increased by 9.6%, 3 bedroom homes increased by 13.2%, 4 bedroom homes decreased by 8.6%, and 5+ bedroom homes increased by 38.5%.
Median Sold Price Compared To Nearby Cities
Arcadia | $235K | $245K | +4.3% |
Arcadia East | $235K | $229.5K | -2.3% |
Arcadia West | $287.5K | $278K | -3.3% |
Housing Supply in Arcadia, FL
How many homes are available in Arcadia, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
163 | 150 | -8.0% |
Summary: The Arcadia real estate market had 150 homes for sale in April 2024, a 8.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 20 | 20 | 0.0% |
2 Bedrooms | 32 | 26 | -18.8% |
3 Bedrooms | 86 | 80 | -7.0% |
4 Bedrooms | 21 | 20 | -4.8% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Arcadia housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 18.8%, 3 bedroom homes decreased by 7%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
32 | 19 | -40.6% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in Arcadia in April 2024, down by 40.6% month-over-month. Of the 19 sold homes, 79% were sold under asking, 5% were sold at asking, and 16% were sold over asking.
Days on Market for Arcadia, FL
How long does it take to sell a home in Arcadia, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
40 Days | 70 Days | +72.5% |
Summary: Homes in Arcadia had an average of 70 days on market in Apr 2024, up by 72.5% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 19 homes were sold in Arcadia; 37% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.