Is The Villages, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, The Villages has remained a Seller's Market.
Housing Prices in The Villages, FL
How much do homes in The Villages, FL cost?
Median Sold Price
$379,537
$250/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in The Villages was $379,537 in May 2024, down 1.5% from last year, and the median price per square foot was $250.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $231K | $217K | -6.1% |
2 Bedrooms | $310K | $305K | -1.6% |
3 Bedrooms | $425K | $419K | -1.4% |
4 Bedrooms | $975K | $819.9K | -15.9% |
5+ Bedrooms | - | $2.0M | N/A |
Summary: The Villages housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.1%, 2 bedroom homes decreased by 1.6%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes decreased by 15.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Wildwood | $310.1K | $323.1K | +4.2% |
The Villages | $385.3K | $379.5K | -1.5% |
Lady Lake | $320K | $309.4K | -3.3% |
Fruitland Park-Lady Lake | $315K | $290K | -7.9% |
Oxford | $369.5K | $339K | -8.3% |
Housing Supply in The Villages, FL
How many homes are available in The Villages, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
466 | 466 | 0.0% |
Summary: The The Villages real estate market had 466 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 145 | 158 | +9.0% |
3 Bedrooms | 309 | 300 | -2.9% |
4 Bedrooms | 10 | 6 | -40.0% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The The Villages housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 9%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
112 | 103 | -8.0% |
Asking Price vs. Sold Price
83 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 103 homes were sold or pending in The Villages in May 2024, down by 8.0% month-over-month. Of the 103 sold homes, 81% were sold under asking, 13% were sold at asking, and 7% were sold over asking.
Days on Market for The Villages, FL
How long does it take to sell a home in The Villages, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
53 Days | 58 Days | +9.9% |
Summary: Homes in The Villages had an average of 58 days on market in May 2024, up by 9.9% compared to last year.
Breakdown of Home Sale Times
50 Homes Were Sold
Under 30 Days
29 Homes Were Sold
In 30 - 90 Days
24 Homes Were Sold
Over 90 Days
Summary: During May 2024, 103 homes were sold in The Villages; 49% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.