Is Eagle Lake, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Eagle Lake was a Buyer's Market.
Key Takeaway
Eagle Lake is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Eagle Lake, FL
How much do homes in Eagle Lake, FL cost?
Median Sold Price
$312,990
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Eagle Lake have sold for 1.1% more than they did a year ago.
Summary: The median home sold price in Eagle Lake was $312,990 in April 2024, up 1.1% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $190K | $220K | +15.8% |
| 3 Bedrooms | $294K | $289K | -1.7% |
| 4 Bedrooms | $315.2K | $315K | -0.1% |
| 5+ Bedrooms | $350.9K | $356.9K | +1.7% |
Summary: Eagle Lake housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.8%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes decreased by 0.1%, and 5+ bedroom homes increased by 1.7%.
Median Sold Price Compared To Nearby Cities
| Eagle Lake | $309.4K | $312.9K | +1.1% |
| Winter Haven-Auburndale | $301.6K | $299.9K | -0.6% |
Housing Supply in Eagle Lake, FL
How many homes are available in Eagle Lake, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 38 | 38 | 0.0% |
Summary: The Eagle Lake real estate market had 38 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 21 | 21 | 0.0% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Eagle Lake housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 6 | +20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Eagle Lake, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Eagle Lake in April 2024, up by 20.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Eagle Lake, FL
How long does it take to sell a home in Eagle Lake, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 39 Days | 107 Days | +169.6% |
Summary: Homes in Eagle Lake had an average of 107 days on market in Apr 2024, up by 169.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Eagle Lake are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 6 homes were sold in Eagle Lake; 17% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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