Listing Office: Beycome of Florida LLC
Lynn Haven Housing Market Report December 2024•Bay County, Florida
Housing Prices in Lynn Haven, FL
How much do homes in Lynn Haven, FL cost?
Housing Market Conditions
Is Lynn Haven, FL a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Lynn Haven is a Neutral Market
Difference Since December 2023
At the same time last year, Lynn Haven was a Seller's Market.
Lynn Haven is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
Based on all homes sold in the last 12 months
The sold price of homes in Lynn Haven has remained the same since last year.
Summary: The median home sold price in Lynn Haven was $350,000 in December 2024, up 0.3% from last year, and the median price per square foot was $192.
Median Sold Price By City
City | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
Southport | $426.9K | $449.9K | +5.4% |
Lynn Haven | $349K | $350K | 0.3% |
Panama City | $343.6K | $339.4K | -1.2% |
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | $210K | $230.5K | +9.8% |
33 Bedrooms | $300K | $315K | +5.0% |
44 Bedrooms | $362.9K | $424.9K | +17.1% |
55+ Bedrooms | $433K | $550K | +27.0% |
Summary: Lynn Haven housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +9.8%. The home price for 3 bedroom homes increased by +5.0%. The home price for 4 bedroom homes increased by +17.1%. The home price for 5 bedroom homes increased by +27.0%.
Housing supply in Lynn Haven, FL
How many homes are available in Lynn Haven, FL?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
133Last MonthDec 2024 | ||
1502 months agoNov 2024 | -11.3 % Change MoMNov – Dec |
Summary: The Lynn Haven real estate market had 133 homes for sale in Dec 2024, a 11.3 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
20Last MonthDec 2024 | ||
292 months agoNov 2024 | -31.0 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 6 | 6 | 0.0% |
33 Bedrooms | 83 | 73 | -12.0% |
44 Bedrooms | 54 | 46 | -14.8% |
55+ Bedrooms | 7 | 8 | +14.3% |
Summary: Lynn Haven housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -12.0%. The inventory for 4 bedroom homes decreased by -14.8%. The inventory for 5 bedroom homes increased by +14.3%.
Asking Price vs. Sold Price
How much do homes in Lynn Haven, FL cost?
Over Asking Price1 Home
At Asking Price7 Homes
Under Asking Price12 Homes
If you're buying a home in Lynn Haven, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in Lynn Haven in December 2024, down by 31.0% month-over-month. Of the 20 sold homes, 60% were sold under asking, 35% were sold at asking, and and 5% were sold over asking.
Days on Market for Lynn Haven, FL
How long does it take to sell a home in Lynn Haven, FL?
Breakdown of Home Sale Times
Under 30 Days9 Homes
30 – 90 Days4 Homes
Over 90 Days7 Homes
Many homes in Lynn Haven are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 20 homes were sold in Lynn Haven; 45% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 35% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
64 DaysThis YearDec 2024 | ||
80 Days1 year agoDec 2023 | -20.3 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Lynn Haven had an average listing age of 64 days in Dec 2024, down by 20.3% compared to the previous year.
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Newest Listings in Lynn Haven, FL
What homes are available in Lynn Haven, FL?
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MLS Disclaimers and Copyright
Based on information from Central Panhandle Association of REALTORS® MLS, Emerald Coast MLS, and Capital Area Technology & REALTOR Services Inc. for the period 01/01/2023 - 01/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/23/2025, 5:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/22/2025, 11:50:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate on this web site comes in part from the IDX Program of the Tallahassee Board of REALTORS®, Inc. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. 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 deemed reliable but not guaranteed. The broker providing this data believes it to be correct, but advises interested parties to confirm information before relying on it for a purchase decision.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/23/2025, 5:15:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.