Is Ocoee, 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, Ocoee has remained a Seller's Market.
Key Takeaway
Ocoee is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ocoee, FL
How much do homes in Ocoee, FL cost?
Median Sold Price
$433,173
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Ocoee have sold for 4.4% more than they did a year ago.
Summary: The median home sold price in Ocoee was $433,173 in April 2024, up 4.4% 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 | $173K | $195K | +12.7% |
| 2 Bedrooms | $224K | $225K | 0.4% |
| 3 Bedrooms | $370K | $385K | +4.1% |
| 4 Bedrooms | $480K | $510K | +6.3% |
| 5+ Bedrooms | $600K | $600K | 0.0% |
Summary: Ocoee housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.7%, 2 bedroom homes increased by 0.4%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Winter Garden | $541.7K | $574.9K | +6.1% |
| Southwest Orange | $505.5K | $536.4K | +6.1% |
| Ocoee | $415K | $433.1K | +4.4% |
| Winter Garden-Ocoee | $399.8K | $411.9K | +3.0% |
| Apopka | $400K | $403.5K | +0.9% |
Housing Supply in Ocoee, FL
How many homes are available in Ocoee, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 183 | 178 | -2.7% |
Summary: The Ocoee real estate market had 178 homes for sale in April 2024, a 2.7% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 1 | -66.7% |
| 2 Bedrooms | 13 | 13 | 0.0% |
| 3 Bedrooms | 78 | 71 | -9.0% |
| 4 Bedrooms | 66 | 63 | -4.5% |
| 5+ Bedrooms | 23 | 30 | +30.4% |
Summary: The Ocoee housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 9%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes increased by 30.4%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 47 | 49 | +4.3% |
Asking Price vs. Sold Price
31 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ocoee, you may be able to get a good deal. 63.3% of homes here sold below asking price last month.
Summary: A total of 49 homes were sold or pending in Ocoee in April 2024, up by 4.3% month-over-month. Of the 49 sold homes, 63% were sold under asking, 29% were sold at asking, and 8% were sold over asking.
Days on Market for Ocoee, FL
How long does it take to sell a home in Ocoee, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 27 Days | 37 Days | +34.4% |
Summary: Homes in Ocoee had an average of 37 days on market in Apr 2024, up by 34.4% compared to last year.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ocoee are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 49 homes were sold in Ocoee; 61% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.