Diplomat Housing Market Report February 2025•Lee County, Florida

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Housing Prices in Diplomat, FL

How much do homes in Diplomat, FL cost?

Housing Market Conditions

Is Diplomat, FL a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Diplomat is a Buyer's Market

Difference Since February 2024

Since last year, Diplomat has remained a Buyer's Market.

Insight

Diplomat is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$367,950$223/SqFt
+$12,950
+3.6%

Based on all homes sold in the last 12 months

Insight

Homes in Diplomat have sold for 3.6% more than they did a year ago.

Summary: The median home sold price in Diplomat was $367,950 in February 2025, up 3.6% from last year, and the median price per square foot was $223.

Median Sold Price By Neighborhoods

Median Sold Price By Neighborhoods
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Diplomat
+3.6%
Jacaranda
-2.0%
Hancock
-2.2%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1$210K-
N/A
2$250K$217.2K
-13.1%
3$348.9K$340K
-2.6%
4$380K$392.3K
+3.3%
5$430K$562.5K
+30.8%

Summary: Diplomat housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -13.1%. The home price for 3 bedroom homes decreased by -2.6%. The home price for 4 bedroom homes increased by +3.3%. The home price for 5 bedroom homes increased by +30.8%.

Housing supply in Diplomat, FL

How many homes are available in Diplomat, FL?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
364Last MonthFeb 2025
3392 months agoJan 2025
+7.4 %
Change MoMJan – Feb

Summary: The Diplomat real estate market had 364 homes for sale in Feb 2025, a 7.4 % increase compared to Jan 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
27Last MonthFeb 2025
212 months agoJan 2025
+28.6 %
Change MoMJan – Feb

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
167
+16.7%
21010
0.0%
3195216
+10.8%
4126129
+2.4%
522
0.0%

Summary: Diplomat housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +16.7%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +10.8%. The inventory for 4 bedroom homes increased by +2.4%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Diplomat, FL cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price2 Homes

At Asking Price8 Homes

Under Asking Price17 Homes

Insight

If you're buying a home in Diplomat, you may be able to get a good deal. 63% of homes here sold below asking price last month.

Summary: A total of 27 homes were sold or pending in Diplomat in February 2025, up by 28.6% month-over-month. Of the 27 sold homes, 63% were sold under asking, 30% were sold at asking, and and 7% were sold over asking.

Days on Market for Diplomat, FL

How long does it take to sell a home in Diplomat, FL?

Breakdown of Home Sale Times

Under 30 Days9 Homes

30 – 90 Days7 Homes

Over 90 Days11 Homes

Insight

Most homes in Diplomat are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During February 2025, 27 homes were sold in Diplomat; 33% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 41% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
84 DaysThis YearFeb 2025
39 Days1 year agoFeb 2024
+114.6 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Diplomat had an average listing age of 84 days in Feb 2025, up by 114.6% compared to the previous year.

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Newest Listings in Diplomat, FL

What homes are available in Diplomat, FL?

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MLS Disclaimers and Copyright

Based on information from Florida Gulf Coast MLS, Stellar MLS, Miami MLS, MLS Property Information Network Inc., and Beaches MLS for the period 03/01/2023 - 03/01/2025

IDX The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
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Last updated on: 3/6/2025, 11:19:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/6/2025, 11:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Last updated on: 3/6/2025, 11:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/6/2025, 11:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.