Is Starke, 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, Starke has remained a Neutral Market.
Key Takeaway
Starke 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 Starke, FL
How much do homes in Starke, FL cost?
Median Sold Price
$237,000
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Starke have sold for 10.2% more than they did a year ago.
Summary: The median home sold price in Starke was $237,000 in May 2024, up 10.2% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $160K | N/A |
| 2 Bedrooms | $149.9K | $183.4K | +22.4% |
| 3 Bedrooms | $220K | $235.2K | +6.9% |
| 4 Bedrooms | $297K | $285.9K | -3.7% |
| 5+ Bedrooms | $214.5K | $315K | +46.9% |
Summary: Starke 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 22.4%, 3 bedroom homes increased by 6.9%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes increased by 46.9%.
Housing Supply in Starke, FL
How many homes are available in Starke, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 82 | 82 | 0.0% |
Summary: The Starke real estate market had 82 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 8 | +33.3% |
| 3 Bedrooms | 58 | 56 | -3.4% |
| 4 Bedrooms | 13 | 13 | 0.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Starke 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 increased by 33.3%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 10 | 12 | +20.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Starke, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Starke in May 2024, up by 20.0% month-over-month. Of the 12 sold homes, 42% were sold under asking, 25% were sold at asking, and 33% were sold over asking.
Days on Market for Starke, FL
How long does it take to sell a home in Starke, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 113 Days | 54 Days | -51.9% |
Summary: Homes in Starke had an average of 54 days on market in May 2024, down by 51.9% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Starke are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 12 homes were sold in Starke; 42% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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