Is Reddick-McIntosh, 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, Reddick-McIntosh has remained a Buyer's Market.
Key Takeaway
Reddick-McIntosh is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Reddick-McIntosh, FL
How much do homes in Reddick-McIntosh, FL cost?
Median Sold Price
$290,000
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Reddick-McIntosh have sold for 9.7% less than they did a year ago.
Summary: The median home sold price in Reddick-McIntosh was $290,000 in May 2024, down 9.7% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $699K | $367.5K | -47.4% |
| 2 Bedrooms | $205K | $205K | 0.0% |
| 3 Bedrooms | $310K | $275.7K | -11.1% |
| 4 Bedrooms | $352.4K | $354.2K | 0.5% |
| 5+ Bedrooms | $499.9K | $365K | -27.0% |
Summary: Reddick-McIntosh housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 47.4%, 2 bedroom homes did not change, 3 bedroom homes decreased by 11.1%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes decreased by 27%.
Median Sold Price Compared To Nearby Cities
| Reddick-McIntosh | $321K | $290K | -9.7% |
| Citra | $245K | $205.9K | -16.0% |
Housing Supply in Reddick-McIntosh, FL
How many homes are available in Reddick-McIntosh, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 42 | 39 | -7.1% |
Summary: The Reddick-McIntosh real estate market had 39 homes for sale in May 2024, a 7.1% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 4 | 2 | -50.0% |
| 3 Bedrooms | 18 | 19 | +5.6% |
| 4 Bedrooms | 11 | 9 | -18.2% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Reddick-McIntosh housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 5.6%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Reddick-McIntosh, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Reddick-McIntosh in May 2024, down by 16.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Reddick-McIntosh, FL
How long does it take to sell a home in Reddick-McIntosh, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 23 Days | 49 Days | +111.9% |
Summary: Homes in Reddick-McIntosh had an average of 49 days on market in May 2024, up by 111.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Reddick-McIntosh are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 5 homes were sold in Reddick-McIntosh; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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