Is Dade City, 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, Dade City has remained a Seller's Market.
Housing Prices in Dade City, FL
How much do homes in Dade City, FL cost?
Median Sold Price
$336,699
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Dade City was $336,699 in May 2024, up 2.9% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $55K | $58.4K | +6.4% |
2 Bedrooms | $200K | $210K | +5.0% |
3 Bedrooms | $310.2K | $313.7K | +1.1% |
4 Bedrooms | $361.8K | $378K | +4.5% |
5+ Bedrooms | $374.9K | $409.8K | +9.3% |
Summary: Dade City housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.4%, 2 bedroom homes increased by 5%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 9.3%.
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% |
Housing Supply in Dade City, FL
How many homes are available in Dade City, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
290 | 300 | +3.4% |
Summary: The Dade City real estate market had 300 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 | 1 | 1 | 0.0% |
2 Bedrooms | 38 | 38 | 0.0% |
3 Bedrooms | 135 | 139 | +3.0% |
4 Bedrooms | 91 | 95 | +4.4% |
5+ Bedrooms | 25 | 27 | +8.0% |
Summary: The Dade City 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 remained the same, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 8%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
48 | 51 | +6.3% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 51 homes were sold or pending in Dade City in May 2024, up by 6.3% month-over-month. Of the 51 sold homes, 41% were sold under asking, 37% were sold at asking, and 22% were sold over asking.
Days on Market for Dade City, FL
How long does it take to sell a home in Dade City, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
60 Days | 48 Days | -19.2% |
Summary: Homes in Dade City had an average of 48 days on market in May 2024, down by 19.2% compared to last year.
Breakdown of Home Sale Times
31 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During May 2024, 51 homes were sold in Dade City; 61% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.