Is Howey-in-the-Hills-Okahumpka, 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, Howey-in-the-Hills-Okahumpka has remained a Seller's Market.
Housing Prices in Howey-in-the-Hills-Okahumpka, FL
How much do homes in Howey-in-the-Hills-Okahumpka, FL cost?
Median Sold Price
$325,000
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Howey-in-the-Hills-Okahumpka was $325,000 in April 2024, down 3% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $83.7K | N/A |
2 Bedrooms | $285K | $272.2K | -4.5% |
3 Bedrooms | $349.9K | $330K | -5.7% |
4 Bedrooms | $450.5K | $400K | -11.2% |
5+ Bedrooms | $615K | $552.5K | -10.2% |
Summary: Howey-in-the-Hills-Okahumpka 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 4.5%, 3 bedroom homes decreased by 5.7%, 4 bedroom homes decreased by 11.2%, and 5+ bedroom homes decreased by 10.2%.
Median Sold Price Compared To Nearby Cities
Sumterville | $347.5K | $400K | +15.1% |
Howey-in-the-Hills | $392K | $415K | +5.9% |
Groveland | $380K | $385K | +1.3% |
Leesburg | $298K | $298.4K | 0.1% |
Howey-in-the-Hills-Okahumpka | $335K | $325K | -3.0% |
Housing Supply in Howey-in-the-Hills-Okahumpka, FL
How many homes are available in Howey-in-the-Hills-Okahumpka, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
269 | 255 | -5.2% |
Summary: The Howey-in-the-Hills-Okahumpka real estate market had 255 homes for sale in April 2024, a 5.2% 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 | 98 | 93 | -5.1% |
3 Bedrooms | 138 | 128 | -7.2% |
4 Bedrooms | 26 | 27 | +3.8% |
5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Howey-in-the-Hills-Okahumpka 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 decreased by 5.1%, 3 bedroom homes decreased by 7.2%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
50 | 48 | -4.0% |
Asking Price vs. Sold Price
35 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 48 homes were sold or pending in Howey-in-the-Hills-Okahumpka in April 2024, down by 4.0% month-over-month. Of the 48 sold homes, 73% were sold under asking, 21% were sold at asking, and 6% were sold over asking.
Days on Market for Howey-in-the-Hills-Okahumpka, FL
How long does it take to sell a home in Howey-in-the-Hills-Okahumpka, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
52 Days | 89 Days | +70.7% |
Summary: Homes in Howey-in-the-Hills-Okahumpka had an average of 89 days on market in Apr 2024, up by 70.7% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Summary: During April 2024, 48 homes were sold in Howey-in-the-Hills-Okahumpka; 33% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.