Is Joel, 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, Joel was a Seller's Market.
Housing Prices in Joel, FL
How much do homes in Joel, FL cost?
Median Sold Price
$337,833
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Joel was $337,833 in April 2024, up 3.9% from last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $105K | $110K | +4.8% |
2 Bedrooms | $172K | $195K | +13.4% |
3 Bedrooms | $340K | $345K | +1.5% |
4 Bedrooms | $390K | $390K | 0.0% |
5+ Bedrooms | $402.4K | $457.5K | +13.7% |
Summary: Joel housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.8%, 2 bedroom homes increased by 13.4%, 3 bedroom homes increased by 1.5%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 13.7%.
Median Sold Price Compared To Nearby Neighborhoods
Eisenhower | $310K | $335K | +8.1% |
Richmond | $335.6K | $350K | +4.3% |
Joel | $325K | $337.8K | +3.9% |
Housing Supply in Joel, FL
How many homes are available in Joel, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
208 | 200 | -3.8% |
Summary: The Joel real estate market had 200 homes for sale in April 2024, a 3.8% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 32 | 33 | +3.1% |
3 Bedrooms | 118 | 120 | +1.7% |
4 Bedrooms | 53 | 42 | -20.8% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Joel 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 3.1%, 3 bedroom homes increased by 1.7%, 4 bedroom homes decreased by 20.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
46 | 28 | -39.1% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 28 homes were sold or pending in Joel in April 2024, down by 39.1% month-over-month. Of the 28 sold homes, 43% were sold under asking, 32% were sold at asking, and 25% were sold over asking.
Days on Market for Joel, FL
How long does it take to sell a home in Joel, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
46 Days | 63 Days | +36.2% |
Summary: Homes in Joel had an average of 63 days on market in Apr 2024, up by 36.2% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Summary: During April 2024, 28 homes were sold in Joel; 32% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.