Is Middleburg, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Middleburg has remained a Seller's Market.
Key Takeaway
Middleburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Middleburg, FL
How much do homes in Middleburg, FL cost?
Median Sold Price
$350,370
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
The sold price of homes in Middleburg has remained the same since last year.
Summary: The median home sold price in Middleburg was $350,370 in May 2024, up 0.1% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $130K | $140.7K | +8.3% |
| 2 Bedrooms | $222.4K | $247K | +11.0% |
| 3 Bedrooms | $320K | $314.6K | -1.7% |
| 4 Bedrooms | $390K | $394K | +1.0% |
| 5+ Bedrooms | $457K | $541.5K | +18.5% |
Summary: Middleburg housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.3%, 2 bedroom homes increased by 11%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes increased by 1%, and 5+ bedroom homes increased by 18.5%.
Median Sold Price Compared To Nearby Cities
| Middleburg-Clay Hill | $353.3K | $365.2K | +3.3% |
| Middleburg | $350K | $350.3K | 0.1% |
| Fleming Island | $430K | $430K | 0.0% |
Housing Supply in Middleburg, FL
How many homes are available in Middleburg, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 324 | 323 | -0.3% |
Summary: The Middleburg real estate market had 323 homes for sale in May 2024, a 0.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 6 | +20.0% |
| 2 Bedrooms | 26 | 25 | -3.8% |
| 3 Bedrooms | 172 | 164 | -4.7% |
| 4 Bedrooms | 98 | 97 | -1.0% |
| 5+ Bedrooms | 23 | 31 | +34.8% |
Summary: The Middleburg housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes decreased by 3.8%, 3 bedroom homes decreased by 4.7%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes increased by 34.8%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 64 | 59 | -7.8% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
30 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Middleburg, expect to pay close to the asking price. 50.8% of homes here sold near the asking price last month.
Summary: A total of 59 homes were sold or pending in Middleburg in May 2024, down by 7.8% month-over-month. Of the 59 sold homes, 44% were sold under asking, 51% were sold at asking, and 5% were sold over asking.
Days on Market for Middleburg, FL
How long does it take to sell a home in Middleburg, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 79 Days | 55 Days | -29.5% |
Summary: Homes in Middleburg had an average of 55 days on market in May 2024, down by 29.5% compared to last year.
Breakdown of Home Sale Times
33 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Middleburg are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 59 homes were sold in Middleburg; 56% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
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