Is Ruskin, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Ruskin was a Seller's Market.
Key Takeaway
Ruskin is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Ruskin, FL
How much do homes in Ruskin, FL cost?
Median Sold Price
$354,212
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Ruskin have sold for 2.9% less than they did a year ago.
Summary: The median home sold price in Ruskin was $354,212 in May 2024, down 2.9% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $140K | $139K | -0.7% |
| 2 Bedrooms | $279.1K | $275K | -1.5% |
| 3 Bedrooms | $380K | $350.6K | -7.7% |
| 4 Bedrooms | $424.9K | $434.7K | +2.3% |
| 5+ Bedrooms | $439.9K | $491.3K | +11.7% |
Summary: Ruskin housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.7%, 2 bedroom homes decreased by 1.5%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 11.7%.
Median Sold Price Compared To Nearby Cities
| Sun City Center | $318.8K | $319.5K | 0.2% |
| Wimauma | $397K | $389.9K | -1.8% |
| Ruskin | $364.7K | $354.2K | -2.9% |
| Apollo Beach | $494.5K | $464.7K | -6.0% |
Housing Supply in Ruskin, FL
How many homes are available in Ruskin, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1,313 | 1,340 | +2.1% |
Summary: The Ruskin real estate market had 1,340 homes for sale in May 2024, a 2.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 33 | 31 | -6.1% |
| 2 Bedrooms | 431 | 424 | -1.6% |
| 3 Bedrooms | 408 | 434 | +6.4% |
| 4 Bedrooms | 335 | 344 | +2.7% |
| 5+ Bedrooms | 106 | 107 | +0.9% |
Summary: The Ruskin housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 6.1%, 2 bedroom homes decreased by 1.6%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 0.9%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 230 | 200 | -13.0% |
Asking Price vs. Sold Price
126 Homes Were Sold
Under Asking
50 Homes Were Sold
At Asking
24 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ruskin, you may be able to get a good deal. 63% of homes here sold below asking price last month.
Summary: A total of 200 homes were sold or pending in Ruskin in May 2024, down by 13.0% month-over-month. Of the 200 sold homes, 63% were sold under asking, 25% were sold at asking, and 12% were sold over asking.
Days on Market for Ruskin, FL
How long does it take to sell a home in Ruskin, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 56 Days | 58 Days | +2.6% |
Summary: Homes in Ruskin had an average of 58 days on market in May 2024, up by 2.6% compared to last year.
Breakdown of Home Sale Times
84 Homes Were Sold
Under 30 Days
74 Homes Were Sold
In 30 - 90 Days
42 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ruskin are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 200 homes were sold in Ruskin; 42% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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