Sanford, FL Home Values & Market Trends

Real estate market trends reflect that there have been 1,384 transactions over the past year in Sanford. The median value for residential home transactions that occurred over the previous year is $340,975.52. The number of current listings in Sanford is 128, and the percentage of properties for sale in the city is 128.00%. Sanford, FL currently has 286 properties in foreclosure, 2 bank owned properties, 17 properties headed for auction, and 128 properties for sale.

Sanford, FL Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
32771

$ 372,246

$ 232/sqft

32773

$ 300,000

$ 231/sqft

Housing Market Summary for Sanford, FL

Apr 2023March 2024Change
Median Listing Price$349.8K$314.1K-10.20%
Median Sold Price$325.3K$314.1K-3.43%
Homes For Sale121112-7.44%
Homes Sold853722-15.36%
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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%.

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Browse Homes in Sanford, FL

Sanford home values range from $18,702 to $7,360,937. The median estimated value of a home in Sanford is $340,975.52. The median list price of a home is 349,900, and the total count of properties in the city is 28,010.

Foreclosure
There are 2 zips within Sanford, FL; within these zips, the median estimated home value for homes in foreclosure ranges from $920,026 in 32771 to the lowest value of $67,151 in 32771. Foreclosure homes account for 1.00% of properties in Sanford, FL with 32771 containing 188 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.95% of all residential properties in Sanford, FL with 32771 containing 173 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Sanford, FL; of those zips, the estimated home value for pre-foreclosure homes ranges from $1,563,425 in 32773 to the lowest home value of $67,151 in 32771.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Sanford, FL ranges from the highest value of $585,500 in 32771 to the lowest value of $236,250 in 32771. Bank owned homes and properties account for 0.01% of properties in Sanford, FL. There are 2 zips within Sanford, FL; 32771 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    32771 has 13 auction properties, the highest number of properties going to auction in a single zip in the state of Sanford, FL. Auction homes and other auction properties account for 0.06% of all properties in Sanford, FL. There are 2 zips within Sanford, FL; of those zips, the median estimated home value for homes going to auction ranges from $1,879,657 in 32773 to the lowest value of $67,422 in 32773.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.46% of residential properties in Sanford, FL with 32771 containing 85 homes for sale, the highest number of listed properties in a single zip. There are 2 zips within Sanford, FL; homes for sale in those zips, have a range of median values from $2,418,651 in 32771 to the lowest value of $124,204 in 32773.
    Sold Homes
    The median value for recently sold homes ranges from $2,452,186 in 32771 to the lowest price of $39,752 in 32771. There are 2 zips within Sanford, FL. 32771 has 491 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.69% of properties in Sanford, FL.

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      Guide for Sanford, FL

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      Market Reports|posted 10 April 2024

      The blog post discusses the fluctuating real estate market in Montgomery, Alabama, comparing its property values, cost per square foot, and market activity with neighboring cities, revealing the dynamic nature of regional real estate.

      Tallahassee’s Real Estate Market A in Review 2023-2024
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      Hialeah’s Real Estate Market Shows Growth; Property Values Surge from 2023-2024
      Fix and Flip|posted 13 March 2024

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      Jacksonville, FL: Real Estate Market Trends 2023
      Fix and Flip|posted 8 February 2024

      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.