Don and Bubba's Market Report

Lynn Haven, FL 32444

Single-Family Homes

https://donandbubba.com / DonandBubba@gmail.com / 850.624.8433


Lynn Haven, FL 32444

Wed Oct 09 2024
This week the median list price for Lynn Haven, FL 32444 is $399,000 with the market action index hovering around 35. This is less than last month's market action index of 37. Inventory has held steady at or around 81. Click here to stay informed with the Lynn Haven market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Lynn Haven, FL 32444

Wed Oct 09 2024
This week the median list price for Lynn Haven, FL 32444 is $399,000 with the market action index hovering around 35. This is less than last month's market action index of 37. Inventory has held steady at or around 81. Click here to stay informed with the Lynn Haven market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Lynn Haven market.
Median List Price $399,000
Median Price of New Listings $374,999
Per Square Foot $203
Average Days on Market 100
Median Days on Market 56
Price Decreased 51%
Price Increased 1%
Relisted 7%
Inventory 81
Median Rent
Market Action 35
Slight Seller's Advantage

Again this week in this zip code we see a downward notch for prices. We continue to pull back from the market’s highs. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$705,000 3,120 0.25 - 0.5 acre 4 3 35 1 1 115
$502,500 2,341 0.25 - 0.5 acre 3 2.3 33 1 1 91
$349,950 1,802 0.25 - 0.5 acre 3 2 37 3 2 28
$275,000 1,362 0.25 - 0.5 acre 3 2 43 0 3 35