Is Minneola, 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, Minneola has remained a Seller's Market.
Housing Prices in Minneola, FL
How much do homes in Minneola, FL cost?
Median Sold Price
$446,996
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Minneola was $446,996 in April 2024, up 5.2% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $285K | $206K | -27.7% |
3 Bedrooms | $394K | $397K | +0.7% |
4 Bedrooms | $450K | $478.9K | +6.4% |
5+ Bedrooms | $563.9K | $610K | +8.2% |
Summary: Minneola 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 27.7%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes increased by 8.2%.
Median Sold Price Compared To Nearby Cities
Minneola | $425K | $446.9K | +5.2% |
Clermont | $429.7K | $450K | +4.7% |
Groveland-Mascotte | $374.9K | $380K | +1.4% |
Housing Supply in Minneola, FL
How many homes are available in Minneola, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
89 | 86 | -3.4% |
Summary: The Minneola real estate market had 86 homes for sale in April 2024, a 3.4% 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 | 3 | 3 | 0.0% |
3 Bedrooms | 27 | 31 | +14.8% |
4 Bedrooms | 41 | 38 | -7.3% |
5+ Bedrooms | 18 | 14 | -22.2% |
Summary: The Minneola 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 increased by 14.8%, 4 bedroom homes decreased by 7.3%, and 5+ bedroom homes decreased by 22.2%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
28 | 23 | -17.9% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 23 homes were sold or pending in Minneola in April 2024, down by 17.9% month-over-month. Of the 23 sold homes, 39% were sold under asking, 57% were sold at asking, and 4% were sold over asking.
Days on Market for Minneola, FL
How long does it take to sell a home in Minneola, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
32 Days | 32 Days | 0.2% |
Summary: Homes in Minneola had an average of 32 days on market in Apr 2024, up by 0.2% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 23 homes were sold in Minneola; 61% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.