Is Pahokee, 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, Pahokee has remained a Seller's Market.
Housing Prices in Pahokee, FL
How much do homes in Pahokee, FL cost?
Median Sold Price
$96,000
$120/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Pahokee was $96,000 in May 2024, down 54.3% from last year, and the median price per square foot was $120.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $141.5K | $110K | -22.3% |
3 Bedrooms | $205K | $96K | -53.2% |
4 Bedrooms | $260K | $85K | -67.3% |
5+ Bedrooms | $307.5K | - | N/A |
Summary: Pahokee 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 decreased by 22.3%, 3 bedroom homes decreased by 53.2%, 4 bedroom homes decreased by 67.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Belle Glade-Pahokee | $215K | $204.9K | -4.7% |
Pahokee | $210K | $96K | -54.3% |
Housing Supply in Pahokee, FL
How many homes are available in Pahokee, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
11 | 14 | +27.3% |
Summary: The Pahokee real estate market had 14 homes for sale in May 2024, a 27.3% increase 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 | 1 | 1 | 0.0% |
3 Bedrooms | 10 | 12 | +20.0% |
4 Bedrooms | 0 | 1 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Pahokee 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 20%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
0 | 5 | +100.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Pahokee in May 2024, up by 100.0% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Pahokee, FL
How long does it take to sell a home in Pahokee, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
17 Days | 26 Days | +55.3% |
Summary: Homes in Pahokee had an average of 26 days on market in May 2024, up by 55.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 5 homes were sold in Pahokee; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.