Is Lantana, 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, Lantana was a Seller's Market.
Housing Prices in Lantana, FL
How much do homes in Lantana, FL cost?
Median Sold Price
$381,000
$308/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lantana was $381,000 in April 2024, up 8.9% from last year, and the median price per square foot was $308.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $170K | $170K | 0.0% |
2 Bedrooms | $322.5K | $290K | -10.1% |
3 Bedrooms | $400K | $413.5K | +3.4% |
4 Bedrooms | $435K | $505.5K | +16.2% |
5+ Bedrooms | $6.7M | $11.9M | +77.0% |
Summary: Lantana 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 decreased by 10.1%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 16.2%, and 5+ bedroom homes increased by 77%.
Median Sold Price Compared To Nearby Cities
South Palm Beach | $425K | $465K | +9.4% |
Lantana | $350K | $381K | +8.9% |
Lake Worth | $418.7K | $451.2K | +7.8% |
Hypoluxo | $395K | $368.9K | -6.6% |
Housing Supply in Lantana, FL
How many homes are available in Lantana, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
141 | 155 | +9.9% |
Summary: The Lantana real estate market had 155 homes for sale in April 2024, a 9.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 20 | 26 | +30.0% |
2 Bedrooms | 47 | 55 | +17.0% |
3 Bedrooms | 41 | 45 | +9.8% |
4 Bedrooms | 12 | 9 | -25.0% |
5+ Bedrooms | 21 | 20 | -4.8% |
Summary: The Lantana housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 30%, 2 bedroom homes increased by 17%, 3 bedroom homes increased by 9.8%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 4.8%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
18 | 19 | +5.6% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in Lantana in April 2024, up by 5.6% month-over-month. Of the 19 sold homes, 58% were sold under asking, 21% were sold at asking, and 21% were sold over asking.
Days on Market for Lantana, FL
How long does it take to sell a home in Lantana, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
67 Days | 42 Days | -37.7% |
Summary: Homes in Lantana had an average of 42 days on market in Apr 2024, down by 37.7% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 19 homes were sold in Lantana; 58% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.