Is Sun City Center, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Sun City Center was a Seller's Market.
Key Takeaway
Sun City Center 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 Sun City Center, FL
How much do homes in Sun City Center, FL cost?
Median Sold Price
$319,567
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
The sold price of homes in Sun City Center has remained the same since last year.
Summary: The median home sold price in Sun City Center was $319,567 in May 2024, up 0.2% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $135K | $132.5K | -1.9% |
| 2 Bedrooms | $275K | $268K | -2.5% |
| 3 Bedrooms | $368.7K | $360K | -2.4% |
| 4 Bedrooms | $390K | $385K | -1.3% |
| 5+ Bedrooms | $424K | $513.7K | +21.2% |
Summary: Sun City Center housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.9%, 2 bedroom homes decreased by 2.5%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes increased by 21.2%.
Median Sold Price Compared To Nearby Cities
| Riverview | $389.6K | $396.8K | +1.8% |
| Sun City Center | $318.8K | $319.5K | 0.2% |
| Wimauma | $397K | $389.9K | -1.8% |
| Ruskin | $364.7K | $354.2K | -2.9% |
| Apollo Beach | $494.5K | $464.7K | -6.0% |
Housing Supply in Sun City Center, FL
How many homes are available in Sun City Center, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 572 | 584 | +2.1% |
Summary: The Sun City Center real estate market had 584 homes for sale in May 2024, a 2.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 22 | 21 | -4.5% |
| 2 Bedrooms | 344 | 341 | -0.9% |
| 3 Bedrooms | 130 | 137 | +5.4% |
| 4 Bedrooms | 50 | 53 | +6.0% |
| 5+ Bedrooms | 26 | 32 | +23.1% |
Summary: The Sun City Center housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 4.5%, 2 bedroom homes decreased by 0.9%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 23.1%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 100 | 92 | -8.0% |
Asking Price vs. Sold Price
62 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sun City Center, you may be able to get a good deal. 67.4% of homes here sold below asking price last month.
Summary: A total of 92 homes were sold or pending in Sun City Center in May 2024, down by 8.0% month-over-month. Of the 92 sold homes, 67% were sold under asking, 23% were sold at asking, and 10% were sold over asking.
Days on Market for Sun City Center, FL
How long does it take to sell a home in Sun City Center, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 53 Days | 60 Days | +11.9% |
Summary: Homes in Sun City Center had an average of 60 days on market in May 2024, up by 11.9% compared to last year.
Breakdown of Home Sale Times
39 Homes Were Sold
Under 30 Days
32 Homes Were Sold
In 30 - 90 Days
21 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sun City Center are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 92 homes were sold in Sun City Center; 42% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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