Is Lacoochee, 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, Lacoochee has remained a Buyer's Market.
Housing Prices in Lacoochee, FL
How much do homes in Lacoochee, FL cost?
Median Sold Price
$285,000
$217/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Lacoochee was $285,000 in May 2024, up 6.5% from last year, and the median price per square foot was $217.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $114.9K | $178K | +54.9% |
3 Bedrooms | $295K | $335K | +13.6% |
4 Bedrooms | $437.4K | $625K | +42.9% |
5+ Bedrooms | $940K | $226K | -76.0% |
Summary: Lacoochee 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 54.9%, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes decreased by 76%.
Median Sold Price Compared To Nearby Cities
Lacoochee | $267.5K | $285K | +6.5% |
Dade City | $327.1K | $336.6K | +2.9% |
Central Pasco | $411.9K | $419.9K | +2.0% |
Ridge Manor | $305K | $285K | -6.6% |
Bushnell-Center Hill | $274.9K | $249.4K | -9.2% |
Housing Supply in Lacoochee, FL
How many homes are available in Lacoochee, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
23 | 22 | -4.3% |
Summary: The Lacoochee real estate market had 22 homes for sale in May 2024, a 4.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 6 | -25.0% |
3 Bedrooms | 9 | 9 | 0.0% |
4 Bedrooms | 6 | 7 | +16.7% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lacoochee housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes remained the same, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
8 | 2 | -75.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Lacoochee in May 2024, down by 75.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Lacoochee, FL
How long does it take to sell a home in Lacoochee, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
88 Days | 326 Days | +269.6% |
Summary: Homes in Lacoochee had an average of 326 days on market in May 2024, up by 269.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Lacoochee; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.