Is Callahan, 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, Callahan was a Seller's Market.
Key Takeaway
Callahan is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Callahan, FL
How much do homes in Callahan, FL cost?
Median Sold Price
$355,000
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Callahan have sold for 7.6% more than they did a year ago.
Summary: The median home sold price in Callahan was $355,000 in April 2024, up 7.6% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $212K | $299.5K | +41.3% |
| 3 Bedrooms | $299.5K | $290K | -3.2% |
| 4 Bedrooms | $490K | $485K | -1.0% |
| 5+ Bedrooms | $498.5K | $490K | -1.7% |
Summary: Callahan 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 increased by 41.3%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes decreased by 1.7%.
Median Sold Price Compared To Nearby Cities
| Callahan-Hilliard | $341.5K | $409.9K | +20.0% |
| Callahan | $330K | $355K | +7.6% |
Housing Supply in Callahan, FL
How many homes are available in Callahan, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 42 | 43 | +2.4% |
Summary: The Callahan real estate market had 43 homes for sale in April 2024, a 2.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 19 | 17 | -10.5% |
| 4 Bedrooms | 16 | 18 | +12.5% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Callahan 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 increased by 100%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 15 | 4 | -73.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Callahan, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Callahan in April 2024, down by 73.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Callahan, FL
How long does it take to sell a home in Callahan, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 110 Days | 77 Days | -30.1% |
Summary: Homes in Callahan had an average of 77 days on market in Apr 2024, down by 30.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Callahan are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 4 homes were sold in Callahan; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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