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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Belleview is a neutral's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

Belleview 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 Belleview, FL

How much do homes in Belleview, FL cost?

Median Sold Price

$255,500

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$15,500(+6.5%)

Key Takeaway

Homes in Belleview have sold for 6.5% more than they did a year ago.

Summary: The median home sold price in Belleview was $255,500 in April 2024, up 6.5% from last year, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $270K-
N/A
2 $165K$165K
0.0%
3 $234.9K$250K
+6.4%
4 $307.9K$295K
-4.2%
5+ $352.9K$334.9K
-5.1%

Summary: Belleview housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 6.4%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes decreased by 5.1%.

Housing Supply in Belleview, FL

How many homes are available in Belleview, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
193192-0.5%

Summary: The Belleview real estate market had 192 homes for sale in April 2024, a 0.5% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 2525
0.0%
3 107100
-6.5%
4 5355
+3.8%
5+ 711
+57.1%

Summary: The Belleview 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 remained the same, 3 bedroom homes decreased by 6.5%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 57.1%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2831+10.7%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Belleview, you may be able to get a good deal. 67.7% of homes here sold below asking price last month.

Summary: A total of 31 homes were sold or pending in Belleview in April 2024, up by 10.7% month-over-month. Of the 31 sold homes, 68% were sold under asking, 29% were sold at asking, and 3% were sold over asking.

Days on Market for Belleview, FL

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

Average Sale Time

Apr 2023Apr 2024CHANGE
60 Days109 Days+82.4%

Summary: Homes in Belleview had an average of 109 days on market in Apr 2024, up by 82.4% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

13 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Belleview are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 31 homes were sold in Belleview; 42% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 42% 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 17 Days Ago

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