Is Wilton Manors, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wilton Manors is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Wilton Manors was a Seller's Market.

Key Takeaway

Wilton Manors is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Wilton Manors, FL

How much do homes in Wilton Manors, FL cost?

Median Sold Price

$565,000

$403/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$23,857(-4.1%)

Key Takeaway

Homes in Wilton Manors have sold for 4.1% less than they did a year ago.

Summary: The median home sold price in Wilton Manors was $565,000 in April 2024, down 4.1% from last year, and the median price per square foot was $403.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $195K$180K
-7.7%
2 $432.5K$395K
-8.7%
3 $670K$782.5K
+16.8%
4 $912.5K$920K
+0.8%
5+ $715K-
N/A

Summary: Wilton Manors housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.7%, 2 bedroom homes decreased by 8.7%, 3 bedroom homes increased by 16.8%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Fort Lauderdale
+7.6%
Oakland Park
+7.2%
Wilton Manors
-4.1%

Housing Supply in Wilton Manors, FL

How many homes are available in Wilton Manors, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
5660+7.1%

Summary: The Wilton Manors real estate market had 60 homes for sale in April 2024, a 7.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 107
-30.0%
2 1618
+12.5%
3 2529
+16.0%
4 45
+25.0%
5+ 11
0.0%

Summary: The Wilton Manors housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 30%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 16%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
106-40.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wilton Manors, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Wilton Manors in April 2024, down by 40.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Wilton Manors, FL

How long does it take to sell a home in Wilton Manors, FL?

Average Sale Time

Apr 2023Apr 2024CHANGE
52 Days65 Days+24.3%

Summary: Homes in Wilton Manors had an average of 65 days on market in Apr 2024, up by 24.3% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Wilton Manors has remained consistent over time.

Summary: During April 2024, 6 homes were sold in Wilton Manors; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% 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 Wilton Manors, FL

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