Is Callaway, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Callaway has remained a Seller's Market.
Housing Prices in Callaway, FL
How much do homes in Callaway, FL cost?
Median Sold Price
$290,000
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Callaway was $290,000 in April 2024, up 5.8% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $132K | $164K | +24.2% |
3 Bedrooms | $251.5K | $267K | +6.2% |
4 Bedrooms | $313.7K | $325K | +3.6% |
5+ Bedrooms | $376.9K | $406.8K | +7.9% |
Summary: Callaway 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 24.2%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 7.9%.
Median Sold Price Compared To Nearby Cities
Springfield | $220K | $247.5K | +12.5% |
Parker | $219K | $240K | +9.6% |
Callaway | $274K | $290K | +5.8% |
Housing Supply in Callaway, FL
How many homes are available in Callaway, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
145 | 128 | -11.7% |
Summary: The Callaway real estate market had 128 homes for sale in April 2024, a 11.7% decrease 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 | 7 | 8 | +14.3% |
3 Bedrooms | 70 | 65 | -7.1% |
4 Bedrooms | 58 | 52 | -10.3% |
5+ Bedrooms | 10 | 3 | -70.0% |
Summary: The Callaway 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 14.3%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes decreased by 10.3%, and 5+ bedroom homes decreased by 70%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
36 | 30 | -16.7% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 30 homes were sold or pending in Callaway in April 2024, down by 16.7% month-over-month. Of the 30 sold homes, 70% were sold under asking, 17% were sold at asking, and 13% were sold over asking.
Days on Market for Callaway, FL
How long does it take to sell a home in Callaway, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
50 Days | 94 Days | +85.3% |
Summary: Homes in Callaway had an average of 94 days on market in Apr 2024, up by 85.3% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Summary: During April 2024, 30 homes were sold in Callaway; 27% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 47% of homes were sold over 90 days.