Is Immokalee, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Immokalee was a Seller's Market.
Housing Prices in Immokalee, FL
How much do homes in Immokalee, FL cost?
Median Sold Price
$560,501
$316/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Immokalee was $560,501 in April 2024, up 8.3% from last year, and the median price per square foot was $316.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $220K | $533K | +142.3% |
2 Bedrooms | $469.9K | $471.7K | 0.4% |
3 Bedrooms | $500K | $555.4K | +11.1% |
4 Bedrooms | $642.5K | $650K | +1.2% |
5+ Bedrooms | $781K | $820K | +5.0% |
Summary: Immokalee housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 142.3%, 2 bedroom homes increased by 0.4%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 5%.
Median Sold Price Compared To Nearby Cities
Bonita Springs | $566.8K | $625.3K | +10.3% |
Estero | $491.6K | $541K | +10.0% |
Immokalee | $517.4K | $560.5K | +8.3% |
Housing Supply in Immokalee, FL
How many homes are available in Immokalee, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
950 | 965 | +1.6% |
Summary: The Immokalee real estate market had 965 homes for sale in April 2024, a 1.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 214 | 214 | 0.0% |
3 Bedrooms | 487 | 478 | -1.8% |
4 Bedrooms | 176 | 198 | +12.5% |
5+ Bedrooms | 72 | 75 | +4.2% |
Summary: The Immokalee housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 1.8%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 4.2%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
139 | 115 | -17.3% |
Asking Price vs. Sold Price
82 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 115 homes were sold or pending in Immokalee in April 2024, down by 17.3% month-over-month. Of the 115 sold homes, 71% were sold under asking, 19% were sold at asking, and 10% were sold over asking.
Days on Market for Immokalee, FL
How long does it take to sell a home in Immokalee, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
68 Days | 43 Days | -36.4% |
Summary: Homes in Immokalee had an average of 43 days on market in Apr 2024, down by 36.4% compared to last year.
Breakdown of Home Sale Times
61 Homes Were Sold
Under 30 Days
40 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Summary: During April 2024, 115 homes were sold in Immokalee; 53% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.