Is Gulf County, 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, Gulf County has remained a Buyer's Market.
Housing Prices in Gulf County, FL
How much do homes in Gulf County, FL cost?
Median Sold Price
$479,900
$255/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Gulf County was $479,900 in April 2024, down 3.3% from last year, and the median price per square foot was $255.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $285K | $361K | +26.7% |
2 Bedrooms | $276K | $295K | +6.8% |
3 Bedrooms | $385K | $452.5K | +17.5% |
4 Bedrooms | $545.9K | $488.5K | -10.5% |
5+ Bedrooms | $532K | $1.3M | +150.2% |
Summary: Gulf County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26.7%, 2 bedroom homes increased by 6.8%, 3 bedroom homes increased by 17.5%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes increased by 150.2%.
Median Sold Price Compared To Nearby Counties
Calhoun County | $199.9K | $215K | +7.6% |
Bay County | $401.6K | $399.7K | -0.5% |
Gulf County | $496K | $479.9K | -3.3% |
Housing Supply in Gulf County, FL
How many homes are available in Gulf County, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
153 | 155 | +1.3% |
Summary: The Gulf County real estate market had 155 homes for sale in April 2024, a 1.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 11 | 10 | -9.1% |
3 Bedrooms | 54 | 62 | +14.8% |
4 Bedrooms | 65 | 60 | -7.7% |
5+ Bedrooms | 19 | 19 | 0.0% |
Summary: The Gulf County 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 9.1%, 3 bedroom homes increased by 14.8%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 16 | -15.8% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Gulf County in April 2024, down by 15.8% month-over-month. Of the 16 sold homes, 56% were sold under asking, 44% were sold at asking, and 0% were sold over asking.
Days on Market for Gulf County, FL
How long does it take to sell a home in Gulf County, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
89 Days | 22,851 Days | +25316.4% |
Summary: Homes in Gulf County had an average of 22,851 days on market in Apr 2024, up by 25316.4% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 16 homes were sold in Gulf County; 56% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.