Is East Orange, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, East Orange has remained a Seller's Market.
Housing Prices in East Orange, FL
How much do homes in East Orange, FL cost?
Median Sold Price
$530,007
$242/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in East Orange was $530,007 in April 2024, up 1.8% from last year, and the median price per square foot was $242.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $372.5K | N/A |
2 Bedrooms | $301.9K | $274.9K | -9.0% |
3 Bedrooms | $430K | $440K | +2.3% |
4 Bedrooms | $590K | $584.6K | -0.9% |
5+ Bedrooms | $760K | $785K | +3.3% |
Summary: East Orange 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 decreased by 9%, 3 bedroom homes increased by 2.3%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes increased by 3.3%.
Median Sold Price Compared To Nearby Cities
Orlando | $362K | $381K | +5.3% |
East Orange | $520.5K | $530K | +1.8% |
Union Park | $392.7K | $397.4K | +1.2% |
Cocoa-Rockledge | $348.4K | $350K | 0.5% |
Mims | $347.5K | $338K | -2.7% |
Housing Supply in East Orange, FL
How many homes are available in East Orange, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
351 | 344 | -2.0% |
Summary: The East Orange real estate market had 344 homes for sale in April 2024, a 2.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 22 | 23 | +4.5% |
3 Bedrooms | 137 | 124 | -9.5% |
4 Bedrooms | 130 | 134 | +3.1% |
5+ Bedrooms | 62 | 63 | +1.6% |
Summary: The East Orange 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 increased by 4.5%, 3 bedroom homes decreased by 9.5%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 1.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
86 | 71 | -17.4% |
Asking Price vs. Sold Price
41 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 71 homes were sold or pending in East Orange in April 2024, down by 17.4% month-over-month. Of the 71 sold homes, 58% were sold under asking, 31% were sold at asking, and 11% were sold over asking.
Days on Market for East Orange, FL
How long does it take to sell a home in East Orange, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
34 Days | 40 Days | +16.2% |
Summary: Homes in East Orange had an average of 40 days on market in Apr 2024, up by 16.2% compared to last year.
Breakdown of Home Sale Times
46 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During April 2024, 71 homes were sold in East Orange; 65% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.