Is Keystone Heights, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Keystone Heights is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Keystone Heights has remained a Seller's Market.

Key Takeaway

Keystone Heights is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Keystone Heights, FL

How much do homes in Keystone Heights, FL cost?

Median Sold Price

$270,000

$174/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$11,500(-4.1%)

Key Takeaway

Homes in Keystone Heights have sold for 4.1% less than they did a year ago.

Summary: The median home sold price in Keystone Heights was $270,000 in May 2024, down 4.1% from last year, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $95K$136.2K
+43.4%
2 $225K$199K
-11.6%
3 $274.9K$272.5K
-0.9%
4 $350K$355K
+1.4%
5+ $489K$327.5K
-33.0%

Summary: Keystone Heights housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 43.4%, 2 bedroom homes decreased by 11.6%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes decreased by 33%.

Median Sold Price Compared To Nearby Cities

Melrose
+8.6%
Keystone Heights
-4.1%

Housing Supply in Keystone Heights, FL

How many homes are available in Keystone Heights, FL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
9694-2.1%

Summary: The Keystone Heights real estate market had 94 homes for sale in May 2024, a 2.1% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 1211
-8.3%
3 6661
-7.6%
4 1320
+53.8%
5+ 41
-75.0%

Summary: The Keystone Heights 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 8.3%, 3 bedroom homes decreased by 7.6%, 4 bedroom homes increased by 53.8%, and 5+ bedroom homes decreased by 75%.

Number of Homes Sold

Apr 2024May 2024CHANGE
2218-18.2%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Keystone Heights, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in Keystone Heights in May 2024, down by 18.2% month-over-month. Of the 18 sold homes, 78% were sold under asking, 17% were sold at asking, and 6% were sold over asking.

Days on Market for Keystone Heights, FL

How long does it take to sell a home in Keystone Heights, FL?

Average Sale Time

May 2023May 2024CHANGE
97 Days85 Days-12.8%

Summary: Homes in Keystone Heights had an average of 85 days on market in May 2024, down by 12.8% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Keystone Heights has remained consistent over time.

Summary: During May 2024, 18 homes were sold in Keystone Heights; 28% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 28% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Keystone Heights, FL

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