Is Bartow, 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, Bartow has remained a Seller's Market.
Key Takeaway
Bartow is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bartow, FL
How much do homes in Bartow, FL cost?
Median Sold Price
$274,975
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Bartow have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in Bartow was $274,975 in May 2024, up 2.5% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $71K | - | N/A |
| 2 Bedrooms | $177K | $190K | +7.3% |
| 3 Bedrooms | $262.5K | $267K | +1.7% |
| 4 Bedrooms | $355K | $340K | -4.2% |
| 5+ Bedrooms | $414.5K | $431.4K | +4.1% |
Summary: Bartow housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 1.7%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes increased by 4.1%.
Median Sold Price Compared To Nearby Cities
| Bartow | $268.2K | $274.9K | +2.5% |
| Winter Haven-Auburndale | $304.4K | $299.8K | -1.5% |
Housing Supply in Bartow, FL
How many homes are available in Bartow, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 175 | 181 | +3.4% |
Summary: The Bartow real estate market had 181 homes for sale in May 2024, a 3.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 18 | 21 | +16.7% |
| 3 Bedrooms | 91 | 92 | +1.1% |
| 4 Bedrooms | 51 | 54 | +5.9% |
| 5+ Bedrooms | 15 | 13 | -13.3% |
Summary: The Bartow housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes decreased by 13.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 39 | 38 | -2.6% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bartow, you may be able to get a good deal. 42.1% of homes here sold below asking price last month.
Summary: A total of 38 homes were sold or pending in Bartow in May 2024, down by 2.6% month-over-month. Of the 38 sold homes, 42% were sold under asking, 32% were sold at asking, and 26% were sold over asking.
Days on Market for Bartow, FL
How long does it take to sell a home in Bartow, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 35 Days | 54 Days | +51.4% |
Summary: Homes in Bartow had an average of 54 days on market in May 2024, up by 51.4% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bartow are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 38 homes were sold in Bartow; 53% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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