Is Hendry 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, Hendry County has remained a Buyer's Market.
Housing Prices in Hendry County, FL
How much do homes in Hendry County, FL cost?
Median Sold Price
$312,317
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Hendry County was $312,317 in April 2024, up 7.1% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $206K | $152.5K | -26.0% |
2 Bedrooms | $220K | $230K | +4.6% |
3 Bedrooms | $310K | $316.6K | +2.2% |
4 Bedrooms | $320K | $330K | +3.1% |
5+ Bedrooms | $362K | $295K | -18.5% |
Summary: Hendry County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 26%, 2 bedroom homes increased by 4.6%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes decreased by 18.5%.
Median Sold Price Compared To Nearby Counties
Palm Beach County | $444K | $481.9K | +8.6% |
Collier County | $600K | $648.6K | +8.1% |
Hendry County | $291.5K | $312.3K | +7.1% |
Okeechobee County | $255K | $249.9K | -2.0% |
Glades County | $242.5K | $165K | -32.0% |
Housing Supply in Hendry County, FL
How many homes are available in Hendry County, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
300 | 302 | +0.7% |
Summary: The Hendry County real estate market had 302 homes for sale in April 2024, a 0.7% 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 | 33 | 36 | +9.1% |
3 Bedrooms | 155 | 158 | +1.9% |
4 Bedrooms | 93 | 92 | -1.1% |
5+ Bedrooms | 15 | 12 | -20.0% |
Summary: The Hendry 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 increased by 9.1%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
51 | 40 | -21.6% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 40 homes were sold or pending in Hendry County in April 2024, down by 21.6% month-over-month. Of the 40 sold homes, 60% were sold under asking, 30% were sold at asking, and 10% were sold over asking.
Days on Market for Hendry County, FL
How long does it take to sell a home in Hendry County, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
63 Days | 89 Days | +39.4% |
Summary: Homes in Hendry County had an average of 89 days on market in Apr 2024, up by 39.4% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Summary: During April 2024, 40 homes were sold in Hendry County; 40% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 35% of homes were sold over 90 days.