Is Plant City, 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, Plant City has remained a Seller's Market.
Key Takeaway
Plant City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Plant City, FL
How much do homes in Plant City, FL cost?
Median Sold Price
$364,998
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Plant City have sold for 9.3% more than they did a year ago.
Summary: The median home sold price in Plant City was $364,998 in April 2024, up 9.3% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $131K | $167.5K | +27.9% |
| 2 Bedrooms | $210K | $235K | +11.9% |
| 3 Bedrooms | $320K | $336K | +5.0% |
| 4 Bedrooms | $394K | $418.5K | +6.2% |
| 5+ Bedrooms | $450K | $477.1K | +6.0% |
Summary: Plant City housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 27.9%, 2 bedroom homes increased by 11.9%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes increased by 6%.
Median Sold Price Compared To Nearby Cities
| Plant City | $333.9K | $364.9K | +9.3% |
| Lakeland | $309.4K | $313.4K | +1.3% |
Housing Supply in Plant City, FL
How many homes are available in Plant City, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 337 | 333 | -1.2% |
Summary: The Plant City real estate market had 333 homes for sale in April 2024, a 1.2% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 39 | 35 | -10.3% |
| 3 Bedrooms | 151 | 157 | +4.0% |
| 4 Bedrooms | 114 | 105 | -7.9% |
| 5+ Bedrooms | 30 | 32 | +6.7% |
Summary: The Plant City housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 10.3%, 3 bedroom homes increased by 4%, 4 bedroom homes decreased by 7.9%, and 5+ bedroom homes increased by 6.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 73 | 69 | -5.5% |
Asking Price vs. Sold Price
35 Homes Were Sold
Under Asking
27 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Plant City, you may be able to get a good deal. 50.7% of homes here sold below asking price last month.
Summary: A total of 69 homes were sold or pending in Plant City in April 2024, down by 5.5% month-over-month. Of the 69 sold homes, 51% were sold under asking, 39% were sold at asking, and 10% were sold over asking.
Days on Market for Plant City, FL
How long does it take to sell a home in Plant City, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 40 Days | 33 Days | -17.6% |
Summary: Homes in Plant City had an average of 33 days on market in Apr 2024, down by 17.6% compared to last year.
Breakdown of Home Sale Times
42 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Plant City are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 69 homes were sold in Plant City; 61% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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