Is Wimauma, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wimauma is a buyer's market

Buyer's
Market

Difference Since April 2023

Since last year, Wimauma has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Wimauma, FL

How much do homes in Wimauma, FL cost?

Median Sold Price

$389,990

$190/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$10,010(-2.5%)

Key Takeaway

Homes in Wimauma have sold for 2.5% less than they did a year ago.

Summary: The median home sold price in Wimauma was $389,990 in April 2024, down 2.5% from last year, and the median price per square foot was $190.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$245K
N/A
2 $398.1K$412.5K
+3.6%
3 $370K$346K
-6.5%
4 $405.5K$379.9K
-6.3%
5+ $416.8K$449.9K
+7.9%

Summary: Wimauma housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.6%, 3 bedroom homes decreased by 6.5%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes increased by 7.9%.

Median Sold Price Compared To Nearby Cities

Sun City Center
0%
Riverview
-0.2%
Parrish
-1.9%
Wimauma
-2.5%
Ruskin
-4.1%

Housing Supply in Wimauma, FL

How many homes are available in Wimauma, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3223230.3%

Summary: The Wimauma real estate market had 323 homes for sale in April 2024, a 0.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 4953
+8.2%
3 129124
-3.9%
4 8993
+4.5%
5+ 5553
-3.6%

Summary: The Wimauma 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 8.2%, 3 bedroom homes decreased by 3.9%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes decreased by 3.6%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
6043-28.3%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

20 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wimauma, you may be able to get a good deal. 46.5% of homes here sold below asking price last month.

Summary: A total of 43 homes were sold or pending in Wimauma in April 2024, down by 28.3% month-over-month. Of the 43 sold homes, 47% were sold under asking, 47% were sold at asking, and 7% were sold over asking.

Days on Market for Wimauma, FL

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

Average Sale Time

Apr 2023Apr 2024CHANGE
71 Days58 Days-18.5%

Summary: Homes in Wimauma had an average of 58 days on market in Apr 2024, down by 18.5% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

17 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Wimauma has remained consistent over time.

Summary: During April 2024, 43 homes were sold in Wimauma; 37% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 23% 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

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