Is Winter Garden-Ocoee, 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, Winter Garden-Ocoee has remained a Seller's Market.
Key Takeaway
Winter Garden-Ocoee is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Winter Garden-Ocoee, FL
How much do homes in Winter Garden-Ocoee, FL cost?
Median Sold Price
$414,933
$235/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Winter Garden-Ocoee have sold for 3.7% more than they did a year ago.
Summary: The median home sold price in Winter Garden-Ocoee was $414,933 in May 2024, up 3.7% from last year, and the median price per square foot was $235.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $172.5K | $195K | +13.0% |
| 2 Bedrooms | $212K | $230K | +8.5% |
| 3 Bedrooms | $365K | $384K | +5.2% |
| 4 Bedrooms | $494.8K | $525K | +6.1% |
| 5+ Bedrooms | $697.5K | $725K | +3.9% |
Summary: Winter Garden-Ocoee housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13%, 2 bedroom homes increased by 8.5%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes increased by 3.9%.
Median Sold Price Compared To Nearby Cities
| Oakland | $489.9K | $580K | +18.4% |
| Southwest Orange | $501.8K | $539.9K | +7.6% |
| Ocoee | $414.8K | $438.7K | +5.7% |
| Winter Garden | $547K | $575.4K | +5.2% |
| Winter Garden-Ocoee | $400.2K | $414.9K | +3.7% |
Housing Supply in Winter Garden-Ocoee, FL
How many homes are available in Winter Garden-Ocoee, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 359 | 353 | -1.7% |
Summary: The Winter Garden-Ocoee real estate market had 353 homes for sale in May 2024, a 1.7% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 33 | 32 | -3.0% |
| 3 Bedrooms | 164 | 158 | -3.7% |
| 4 Bedrooms | 114 | 116 | +1.8% |
| 5+ Bedrooms | 43 | 42 | -2.3% |
Summary: The Winter Garden-Ocoee housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 3%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes decreased by 2.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 95 | 82 | -13.7% |
Asking Price vs. Sold Price
41 Homes Were Sold
Under Asking
23 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Winter Garden-Ocoee, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 82 homes were sold or pending in Winter Garden-Ocoee in May 2024, down by 13.7% month-over-month. Of the 82 sold homes, 50% were sold under asking, 28% were sold at asking, and 22% were sold over asking.
Days on Market for Winter Garden-Ocoee, FL
How long does it take to sell a home in Winter Garden-Ocoee, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 30 Days | 37 Days | +23.5% |
Summary: Homes in Winter Garden-Ocoee had an average of 37 days on market in May 2024, up by 23.5% compared to last year.
Breakdown of Home Sale Times
49 Homes Were Sold
Under 30 Days
24 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Winter Garden-Ocoee are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 82 homes were sold in Winter Garden-Ocoee; 60% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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