Is Loxahatchee, 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, Loxahatchee was a Seller's Market.
Housing Prices in Loxahatchee, FL
How much do homes in Loxahatchee, FL cost?
Median Sold Price
$672,170
$308/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Loxahatchee was $672,170 in April 2024, up 5.7% 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 | $350K | - | N/A |
2 Bedrooms | $550K | $595K | +8.2% |
3 Bedrooms | $570K | $590K | +3.5% |
4 Bedrooms | $700K | $729.4K | +4.2% |
5+ Bedrooms | $830K | $852K | +2.7% |
Summary: Loxahatchee 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 increased by 8.2%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 2.7%.
Median Sold Price Compared To Nearby Cities
Royal Palm Beach-West Jupiter | $533.4K | $592.7K | +11.1% |
Loxahatchee Groves | $760K | $810K | +6.6% |
Royal Palm Beach | $459.9K | $490K | +6.5% |
Loxahatchee | $635.8K | $672.1K | +5.7% |
Western Community | $620K | $645.1K | +4.0% |
Housing Supply in Loxahatchee, FL
How many homes are available in Loxahatchee, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
300 | 326 | +8.7% |
Summary: The Loxahatchee real estate market had 326 homes for sale in April 2024, a 8.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 19 | 17 | -10.5% |
3 Bedrooms | 107 | 128 | +19.6% |
4 Bedrooms | 118 | 126 | +6.8% |
5+ Bedrooms | 56 | 54 | -3.6% |
Summary: The Loxahatchee housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 10.5%, 3 bedroom homes increased by 19.6%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes decreased by 3.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
48 | 34 | -29.2% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 34 homes were sold or pending in Loxahatchee in April 2024, down by 29.2% month-over-month. Of the 34 sold homes, 68% were sold under asking, 29% were sold at asking, and 3% were sold over asking.
Days on Market for Loxahatchee, FL
How long does it take to sell a home in Loxahatchee, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
53 Days | 43 Days | -17.4% |
Summary: Homes in Loxahatchee had an average of 43 days on market in Apr 2024, down by 17.4% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 34 homes were sold in Loxahatchee; 56% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.