Ever wondered where you can find the best real estate deals in Florida? One way to do it is to look for places where a significant number of active listings have price drops. We’ve analyzed January 2024 data from Redfin, to uncover places where home prices are dropping. Knowing where prices are dropping is key for savvy buyers looking to score a bargain in Florida’s housing market. Below is a list of places in Florida where at least 60% of active listings have a price drop.
The Top 10 Places in Florida with Price Drops
In areas like Ferndale, Pine Manor, and Seminole Manor, all located in central Florida, every home on the market has seen a price drop. This suggests a shift in the market, favoring buyers.
These places, along with Jan Phyl Village in Polk County, have homes priced between $220K and $410K and are selling relatively quickly between 18 and 64 days. For buyers, this data signals potential opportunities for bargains or negotiation leverage.
Other areas with a high percentage of active listings with price drops include Solana in Orange County and Asbury Lake in Clay County. Places like Black Hammock in Seminole County, Lake Alfred in Polk County, Kensington Park in Sarasota County, and De Funiak Springs in Walton County follow the same trend. These areas have homes priced between $154K and $353K.
Knowing where home prices are dropping helps buyers focus their search on areas where they can get more for their money and where sellers might be more willing to negotiate. This information can help buyers find deals in the market.
Places in Florida where Active Listings Have Price Drops
1. Ferndale, FL
- Percent Active Listings with Price Drops: 100.00%
- Median Sale Price: $220K
- Days on Market: 32
2. Pine Manor, FL
- Percent Active Listings with Price Drops: 100.00%
- Median Sale Price: $338K
- Days on Market: 18
3. Seminole Manor, FL
- Percent Active Listings with Price Drops: 100.00%
- Median Sale Price: $410K
- Days on Market: 64
4. Jan Phyl Village, FL
- Percent Active Listings with Price Drops: 94.70%
- Median Sale Price: $273K
- Days on Market: 46
5. Solana, FL
- Percent Active Listings with Price Drops: 85.70%
- Median Sale Price: $125K
- Days on Market: 217
6. Asbury Lake, FL
- Percent Active Listings with Price Drops: 77.70%
- Median Sale Price: $342K
- Days on Market: 131
7. Black Hammock, FL
- Percent Active Listings with Price Drops: 75.00%
- Median Sale Price: $249K
- Days on Market: 52
8. Lake Alfred, FL
- Percent Active Listings with Price Drops: 74.70%
- Median Sale Price: $353K
- Days on Market: 106
9. Kensington Park, FL
- Percent Active Listings with Price Drops: 72.70%
- Median Sale Price: $255K
- Days on Market: 68
10. De Funiak Springs, FL
- Percent Active Listings with Price Drops: 71.40%
- Median Sale Price: $154K
- Days on Market: 25
11. Brookridge, FL
- Percent Active Listings with Price Drops: 70.60%
- Median Sale Price: $270K
- Days on Market: 24
12. Goldenrod, FL
- Percent Active Listings with Price Drops: 70.60%
- Median Sale Price: $406K
- Days on Market: 42
13. Bradley Junction, FL
- Percent Active Listings with Price Drops: 66.70%
- Median Sale Price: $193K
- Days on Market: 227
14. Chuluota, FL
- Percent Active Listings with Price Drops: 66.70%
- Median Sale Price: $1,500K
- Days on Market: 138
15. Paradise Heights, FL
- Percent Active Listings with Price Drops: 66.70%
- Median Sale Price: $150K
- Days on Market: 85
16. San Antonio, FL
- Percent Active Listings with Price Drops: 66.70%
- Median Sale Price: $325K
- Days on Market: 22
17. Edgewater, FL
- Percent Active Listings with Price Drops: 66.00%
- Median Sale Price: $330K
- Days on Market: 80
18. Bloomingdale, FL
- Percent Active Listings with Price Drops: 65.00%
- Median Sale Price: $407K
- Days on Market: 28
19. Crescent City, FL
- Percent Active Listings with Price Drops: 64.30%
- Median Sale Price: $170K
- Days on Market: 100
20. Broadview Park, FL
- Percent Active Listings with Price Drops: 63.60%
- Median Sale Price: $542K
- Days on Market: 43
21. Heathrow, FL
- Percent Active Listings with Price Drops: 63.60%
- Median Sale Price: $640K
- Days on Market: 18
22. Umatilla, FL
- Percent Active Listings with Price Drops: 63.60%
- Median Sale Price: $261K
- Days on Market: 16
23. Welaka, FL
- Percent Active Listings with Price Drops: 63.60%
- Median Sale Price: $195K
- Days on Market: 65
24. Callahan, FL
- Percent Active Listings with Price Drops: 62.50%
- Median Sale Price: $290K
- Days on Market: 37
25. Holden Heights, FL
- Percent Active Listings with Price Drops: 62.50%
- Median Sale Price: $413K
- Days on Market: 79
26. Old Miakka, FL
- Percent Active Listings with Price Drops: 62.50%
- Median Sale Price: $888K
- Days on Market: 2
27. Lakeland Highlands, FL
- Percent Active Listings with Price Drops: 61.30%
- Median Sale Price: $387K
- Days on Market: 53
28. Macclenny, FL
- Percent Active Listings with Price Drops: 60.90%
- Median Sale Price: $257K
- Days on Market: 37
29. Bagdad, FL
- Percent Active Listings with Price Drops: 60.70%
- Median Sale Price: $275K
- Days on Market: 162
30. Zephyrhills, FL
- Percent Active Listings with Price Drops: 60.10%
- Median Sale Price: $290K
- Days on Market: 22
31. North Sarasota, FL
- Percent Active Listings with Price Drops: 60.00%
- Median Sale Price: $700K
- Days on Market: 139
32. Ridgecrest, FL
- Percent Active Listings with Price Drops: 60.00%
- Median Sale Price: $290K
- Days on Market: 52
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