Is Keystone Heights, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Keystone Heights is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Keystone Heights has remained a Seller's Market.

Key Takeaway

Keystone Heights is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Keystone Heights, FL

How much do homes in Keystone Heights, FL cost?

Median Sold Price

$269,916

$174/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$13,083(-4.6%)

Key Takeaway

Homes in Keystone Heights have sold for 4.6% less than they did a year ago.

Summary: The median home sold price in Keystone Heights was $269,916 in April 2024, down 4.6% from last year, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $95K$136.2K
+43.4%
2 $225K$199K
-11.6%
3 $276.5K$272.5K
-1.5%
4 $369K$339K
-8.1%
5+ $477K$345K
-27.7%

Summary: Keystone Heights housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 43.4%, 2 bedroom homes decreased by 11.6%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes decreased by 8.1%, and 5+ bedroom homes decreased by 27.7%.

Median Sold Price Compared To Nearby Cities

Melrose
0.0%
Keystone Heights
-4.6%

Housing Supply in Keystone Heights, FL

How many homes are available in Keystone Heights, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
103110+6.8%

Summary: The Keystone Heights real estate market had 110 homes for sale in April 2024, a 6.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 01
+100.0%
2 1613
-18.8%
3 6175
+23.0%
4 2117
-19.0%
5+ 54
-20.0%

Summary: The Keystone Heights housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 18.8%, 3 bedroom homes increased by 23%, 4 bedroom homes decreased by 19%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1722+29.4%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Keystone Heights, you may be able to get a good deal. 68.2% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in Keystone Heights in April 2024, up by 29.4% month-over-month. Of the 22 sold homes, 68% were sold under asking, 18% were sold at asking, and 14% were sold over asking.

Days on Market for Keystone Heights, FL

How long does it take to sell a home in Keystone Heights, FL?

Average Sale Time

Apr 2023Apr 2024CHANGE
81 Days93 Days+14.2%

Summary: Homes in Keystone Heights had an average of 93 days on market in Apr 2024, up by 14.2% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Keystone Heights are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 22 homes were sold in Keystone Heights; 32% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 45% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Keystone Heights, FL

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