Summerfield, FL Home Values & Market Trends
Real estate market trends reflect that there have been 1,034 transactions over the past year in Summerfield. The median value for residential home transactions that occurred over the previous year is $299,346.41. The number of current listings in Summerfield is 197, and the percentage of properties for sale in the city is 197.00%. Summerfield, FL currently has 20 properties in foreclosure, 3 bank owned properties, 11 properties headed for auction, and 197 properties for sale.
Summerfield, FL Real Estate Market Overview
Zip | Median Est. Value |
---|---|
34491 | $ 329,450 $ 195/sqft |
Housing Market Summary for Summerfield, FL
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $325K | $288K | -11.38% |
Median Sold Price | $315.9K | $288K | -8.84% |
Homes For Sale | 193 | 206 | 6.74% |
Homes Sold | 661 | 607 | -8.17% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Summerfield, FL
Browse Homes in Summerfield, FL
Summerfield home values range from $25,624 to $9,525,355. The median estimated value of a home in Summerfield is $299,346.41. The median list price of a home is 319,900, and the total count of properties in the city is 16,219.
- Pre-ForeclosurePre-foreclosure homes account for 0.04% of all residential properties in Summerfield, FL with 34491 containing 6 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Summerfield, FL; of that zips, the estimated home value for pre-foreclosure homes ranges from $275,101 in 34491 to the lowest home value of $213,042 in 34491.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Summerfield, FL ranges from the highest value of $179,900 in 34491 to the lowest value of $179,900 in 34491. Bank owned homes and properties account for 0.02% of properties in Summerfield, FL. There is 1 zips within Summerfield, FL; 34491 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions34491 has 11 auction properties, the highest number of properties going to auction in a single zip in the state of Summerfield, FL. Auction homes and other auction properties account for 0.07% of all properties in Summerfield, FL. There is 1 zips within Summerfield, FL; of that zips, the median estimated home value for homes going to auction ranges from $534,929 in 34491 to the lowest value of $189,451 in 34491.
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Guide for Summerfield, FL
This blog post provides an in-depth analysis of the real estate market trends in Jacksonville, Florida and nearby areas based on key metrics such as average property values, sold prices per square foot, and property counts. The data reveals a dynamic marketplace with fluctuating property values and varying sold prices per square foot.
Miami’s real estate market is on an upward trend, with the average property value and selling price per square foot increasing from 2023 to 2024. The surrounding cities’ markets vary, with some offering more affordable options. The data suggests a healthy investment opportunity, especially in the high-demand for-sale market.
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